Waystar Holding (WAY) Free Cash Flow (2023 - 2026)
Waystar Holding's (WAY) quarterly Free Cash Flow came in at $69.6 million in Q1 2026, up 8.4% year-on-year from $64.2 million in Q1 2025, and up 7.39% quarter-over-quarter from $64.8 million in Q4 2025.
Waystar Holding (WAY) Free Cash Flow (2023 - 2026) Analysis & Trends
Waystar Holding's Free Cash Flow history runs 4 years deep, the most recent figure standing at $69.6 million for Q1 2026.
- On a quarterly basis, Free Cash Flow rose 8.4% year-over-year to $69.6 million in Q1 2026; TTM through Mar 2026 was $312.7 million, a 59.3% increase from a year earlier, with the FY2025 full-year figure at $307.3 million, up 115.65% from the prior year.
- Free Cash Flow improved to $69.6 million in Q1 2026 per WAY's latest filing, from $64.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $96.9 million in Q2 2025 and bottomed at -$998000.0 in Q3 2023.
- The 4-year median for Free Cash Flow is $64.2 million (2025), against an average of $48.1 million.
- Across the five-year window, Free Cash Flow surged 7983.17% in 2024 and grew 3.51% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $10.4 million in 2023, then soared by 266.3% to $38.1 million in 2024, then surged by 70.12% to $64.8 million in 2025, then gained by 7.39% to $69.6 million in 2026.
- Per Business Quant, the three latest WAY Free Cash Flow figures stand at $69.6 million (Q1 2026), $64.8 million (Q4 2025), and $81.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 101.40 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 81.60 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 26.00 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 43.00 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 69.59 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 116.17 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | -48.49 Mn |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 55.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.59 Mn |
| Mar 31, 2026 | 69.59 Mn |
| Dec 31, 2025 | 64.80 Mn |
| Dec 31, 2025 | 64.80 Mn |
| Sep 30, 2025 | 81.43 Mn |
| Sep 30, 2025 | 81.43 Mn |
| Jun 30, 2025 | 96.87 Mn |
| Jun 30, 2025 | 96.87 Mn |
| Mar 31, 2025 | 64.19 Mn |
| Mar 31, 2025 | 64.19 Mn |
| Dec 31, 2024 | 38.09 Mn |
| Dec 31, 2024 | 38.09 Mn |
| Sep 30, 2024 | 78.67 Mn |
| Sep 30, 2024 | 78.67 Mn |
| Jun 30, 2024 | 15.33 Mn |
| Jun 30, 2024 | 15.33 Mn |
| Mar 31, 2024 | 10.41 Mn |
| Mar 31, 2024 | 10.41 Mn |
| Dec 31, 2023 | 10.40 Mn |
| Dec 31, 2023 | 10.40 Mn |