Waystar Holding (WAY) EBT Margin (2023 - 2026)
Waystar Holding (WAY) recorded quarterly EBT Margin of 19.06% in Q1 2026, up 60.04% quarter-over-quarter from 11.91% in Q4 2025, and up 100.0% on a YoY basis from 9.53% in Q1 2025.
Waystar Holding (WAY) EBT Margin (2023 - 2026) Analysis & Trends
Waystar Holding's EBT Margin history runs 4 years deep, the most recent figure standing at 19.06% for Q1 2026.
- In Q1 2026, EBT Margin rose 100.0% year-over-year to 19.06%; the TTM figure through Mar 2026 stood at 16.02% (up 1132.0% YoY), while the FY2025 annual figure was 15.63%, up 1801.0% from the prior year.
- EBT Margin was 19.06% for Q1 2026 at Waystar Holding, up from 11.91% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 19.06% in Q1 2026 to a low of 18.03% in Q2 2024.
- Historically, EBT Margin has averaged 3.9% across 4 years, with a median of 7.76% in 2024.
- The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 1091 bps in 2024, then jumped 3525 bps in 2025.
- A 4-year view of EBT Margin shows it stood at 7.34% in 2023, then jumped by 284 bps to 13.54% in 2024, then fell by 12 bps to 11.91% in 2025, then soared by 60 bps to 19.06% in 2026.
- The last three EBT Margin figures came in at 19.06% (Q1 2026), 11.91% (Q4 2025), and 15.9% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.29% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 26.06% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 19.72% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -8.52% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 22.10% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 19.06% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.54% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.46% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -9.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.06% |
| Dec 31, 2025 | 11.91% |
| Sep 30, 2025 | 15.90% |
| Jun 30, 2025 | 17.21% |
| Mar 31, 2025 | 18.06% |
| Dec 31, 2024 | 13.54% |
| Sep 30, 2024 | 3.62% |
| Jun 30, 2024 | -18.03% |
| Mar 31, 2024 | -9.78% |
| Dec 31, 2023 | -7.34% |
| Sep 30, 2023 | -10.24% |
| Jun 30, 2023 | -7.12% |