Waystar Holding WAY
NASDAQ WAY
$25.07 -1.01 (-3.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

Waystar Holding (WAY) Free Cash Flow (2023 - 2026)

Waystar Holding (WAY) posted Free Cash Flow of $43.3 million for Q2 2026, down 37.78% on a QoQ basis from $69.6 million in Q1 2026, and down 52.42% year-over-year from $91.0 million in Q2 2025.

Analysis

Waystar Holding (WAY) Free Cash Flow (2023 - 2026) Analysis & Trends

Waystar Holding has reported Free Cash Flow for 4 years, with the latest figure at $43.3 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 52.42% year-over-year to $43.3 million in Q2 2026; TTM through Jun 2026 was $246.3 million, a 11.6% decrease from a year earlier, with the FY2025 full-year figure at $283.2 million, up 98.73% from the prior year.
  • Free Cash Flow was $43.3 million for Q2 2026 at Waystar Holding, down from $69.6 million in the prior quarter.
  • The five-year high for Free Cash Flow was $91.0 million in Q2 2025, with the low at -$16.7 million in Q3 2023.
  • Average Free Cash Flow over 4 years is $44.0 million, with a median of $57.9 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Free Cash Flow soared 1037.78% in 2025, then sank 52.42% in 2026.
  • Over 4 years, Free Cash Flow stood at $5.7 million in 2023, then surged by 933.47% to $58.5 million in 2024, then declined by 2.26% to $57.2 million in 2025, then declined by 24.33% to $43.3 million in 2026.
  • The last three Free Cash Flow figures came in at $43.3 million (Q2 2026), $69.6 million (Q1 2026), and $57.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 230.69 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 43.30 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 39.67 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 82.45 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 20.15 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn -34.43 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 2.97 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 66.79 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 5.91 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 14.32 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 43.30 Mn
Mar 31, 2026 69.59 Mn
Dec 31, 2025 57.22 Mn
Sep 30, 2025 76.15 Mn
Jun 30, 2025 90.99 Mn
Mar 31, 2025 58.82 Mn
Dec 31, 2024 58.55 Mn
Sep 30, 2024 70.20 Mn
Jun 30, 2024 8.58 Mn
Mar 31, 2024 5.17 Mn
Dec 31, 2023 5.67 Mn
Sep 30, 2023 -16.69 Mn