Waystar Holding (WAY) Free Cash Flow (2023 - 2026)
Waystar Holding (WAY) recorded Free Cash Flow of $43.3 million in Q2 2026, down 52.4% from $90.99 million a year earlier and down 37.8% from the prior quarter.
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Analysis
Waystar Holding (WAY) Free Cash Flow (2023 - 2026) Analysis & Trends
On a TTM basis, Waystar Holding's Free Cash Flow came in at $246.26 million as of Jun 30, 2026, down 11.6% year-over-year; for FY2025, it came in at $283.19 million, up 98.7% from FY2024.
- Annual Free Cash Flow has a three-year compound annual growth rate of 49.2% (FY2022 to FY2025).
- Across earlier years, Free Cash Flow came in at $142.5 million in FY2024 (+375.9%), $29.94 million in FY2023 (-64.9%) and $85.2 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Free Cash Flow since Q2 2024.
- On a year-over-year basis, Free Cash Flow rose in four of the last six quarters, with growth averaging 311.0%.
- Per Business Quant, the preceding three quarters came in at $69.59 million (Q1 2026), $57.22 million (Q4 2025) and $76.15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -127,466.00 |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn | 238.71 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn | 64.74 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn | 130.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn | 249.35 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn | 81.36 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn | 233.20 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn | 89.68 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn | 77.00 Mn |
| 10 | Waystar Holding | 4.86 Bn | 4.01 Bn | 221.99 Mn | 43.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Waystar Holding Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "WAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();