Growth Metrics

Waystar Holding (WAY) Gross Margin (2023 - 2025)

Waystar Holding (WAY) has 3 years of Gross Margin data on record, last reported at 69.48% in Q4 2025.

  • For Q4 2025, Gross Margin fell 1455.0% year-over-year to 69.48%; the TTM value through Dec 2025 reached 124.39%, up 4987.0%, while the annual FY2025 figure was 68.33%, 1504.0% down from the prior year.
  • Gross Margin reached 69.48% in Q4 2025 per WAY's latest filing, up from 51.87% in the prior quarter.
  • Across five years, Gross Margin topped out at 84.03% in Q4 2024 and bottomed at 51.87% in Q2 2025.
  • Average Gross Margin over 3 years is 71.8%, with a median of 69.48% recorded in 2025.
  • The widest YoY moves for Gross Margin: up -1455bps in 2025, down -2864bps in 2025.
  • A 3-year view of Gross Margin shows it stood at 83.72% in 2023, then increased by 0bps to 84.03% in 2024, then fell by -17bps to 69.48% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 69.48% in Q4 2025, 51.87% in Q2 2025, and 84.03% in Q4 2024.