Waystar Holding (WAY) Free Cash Flow (2023 - 2026)
Waystar Holding (WAY) recorded quarterly Free Cash Flow of $69.6 million in Q1 2026, up 4.03% quarter-over-quarter from $66.9 million in Q4 2025, and up 18.3% on a YoY basis from $58.8 million in Q1 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.
- In Q1 2026, Free Cash Flow rose 18.3% year-over-year to $69.6 million; the TTM figure through Mar 2026 stood at $320.2 million (up 43.48% YoY), while the FY2025 annual figure was $309.4 million, up 82.55% from the prior year.
- Free Cash Flow was $69.6 million for Q1 2026 at Waystar Holding, up from $66.9 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $92.7 million in Q3 2025 to a low of -$16.7 million in Q3 2023.
- Historically, Free Cash Flow has averaged $48.9 million across 4 years, with a median of $65.1 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow soared 1048.68% in 2024, then advanced 2.8% in 2025.
- A 4-year view of Free Cash Flow shows it stood at $5.7 million in 2023, then jumped by 1048.68% to $65.1 million in 2024, then rose by 2.8% to $66.9 million in 2025, then grew 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 | Veeva Systems | 26.11 Bn | 18.79 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 12.95 Bn | 12.07 Bn | 482.22 Mn | 119.28 Mn |
| 3 | Healthequity | 7.46 Bn | 7.19 Bn | 256.31 Mn | 81.60 Mn |
| 4 | Hinge Health | 5.15 Bn | 4.83 Bn | 154.23 Mn | 43.06 Mn |
| 5 | Doximity | 3.75 Bn | 3.00 Bn | 125.97 Mn | 107.27 Mn |
| 6 | 10x Genomics | 3.69 Bn | 3.15 Bn | 106.18 Mn | 26.00 Mn |
| 7 | Waystar Holding | 3.61 Bn | 3.45 Bn | 268.04 Mn | 69.59 Mn |
| 8 | Privia Health | 2.90 Bn | 2.54 Bn | 595.71 Mn | -49.47 Mn |
| 9 | Omnicell | 1.72 Bn | 1.54 Bn | 140.36 Mn | 42.07 Mn |
| 10 | Teladoc Health | 1.31 Bn | 562.23 Mn | 562.57 Mn | -24.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |