Growth Metrics

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

Waystar Holding's quarterly Free Cash Flow came in at $69.6 million in Q1 2026, up 18.3% year-on-year from $58.8 million in Q1 2025, and up 4.03% quarter-over-quarter from $66.9 million in Q4 2025.

Waystar Holding has reported Free Cash Flow for 4 years, with the latest figure at $69.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 18.3% year-over-year to $69.6 million; the trailing twelve-month figure through Mar 2026 stood at $320.2 million (up 43.48% YoY), and the FY2025 full-year result was $309.4 million, up 82.55% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $69.6 million, up from $66.9 million in the prior quarter.
  • The five-year high for Free Cash Flow was $92.7 million in Q3 2025, with the low at -$16.7 million in Q3 2023.
  • Average Free Cash Flow over 4 years is $48.9 million, with a median of $65.1 million recorded in 2024.
  • Year-over-year, Free Cash Flow surged 1048.68% in 2024 and grew 2.8% in 2025.
  • Tracing WAY's Free Cash Flow over 4 years: stood at $5.7 million in 2023, then surged by 1048.68% to $65.1 million in 2024, then gained by 2.8% to $66.9 million in 2025, then increased by 4.03% to $69.6 million in 2026.
  • The last three Free Cash Flow figures came in at $69.6 million (Q1 2026), $66.9 million (Q4 2025), and $92.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 GE HealthCare Technologies 29.29 Bn 27.22 Bn 1.98 Bn 204.00 Mn
2 Veeva Systems 26.21 Bn 19.65 Bn 622.47 Mn 99.82 Mn
3 BrightSpring Health Services 11.98 Bn 11.10 Bn 482.22 Mn 119.28 Mn
4 Healthequity 7.59 Bn 7.27 Bn 228.15 Mn 119.54 Mn
5 Hinge Health 4.34 Bn 4.03 Bn 154.23 Mn 43.06 Mn
6 Waystar Holding 3.75 Bn 3.59 Bn 268.04 Mn 69.59 Mn
7 Doximity 3.73 Bn 2.98 Bn 125.97 Mn 107.27 Mn
8 10x Genomics 3.04 Bn 2.50 Bn 106.18 Mn 26.00 Mn
9 Privia Health 2.83 Bn 2.46 Bn 595.71 Mn -49.47 Mn
10 Omnicell 2.01 Bn 1.84 Bn 140.36 Mn 42.07 Mn

Historic Data

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DateValue
Mar 31, 2026 69.59 Mn
Mar 31, 2026 69.59 Mn
Dec 31, 2025 66.89 Mn
Dec 31, 2025 66.89 Mn
Sep 30, 2025 92.68 Mn
Sep 30, 2025 92.68 Mn
Jun 30, 2025 90.99 Mn
Jun 30, 2025 90.99 Mn
Mar 31, 2025 58.82 Mn
Mar 31, 2025 58.82 Mn
Dec 31, 2024 65.07 Mn
Dec 31, 2024 65.07 Mn
Sep 30, 2024 78.60 Mn
Sep 30, 2024 78.60 Mn
Jun 30, 2024 20.65 Mn
Jun 30, 2024 20.65 Mn
Mar 31, 2024 5.17 Mn
Mar 31, 2024 5.17 Mn
Dec 31, 2023 5.67 Mn
Dec 31, 2023 5.67 Mn
Sep 30, 2023 -16.69 Mn
Sep 30, 2023 -16.69 Mn