Waystar Holding (WAY) Invested Capital (2023 - 2026)

Waystar Holding's (WAY) quarterly Invested Capital came in at $14.2 million in Q1 2026, up 21.65% year-on-year from $11.7 million in Q1 2025, and up 23.19% quarter-over-quarter from $11.5 million in Q3 2025.

Waystar Holding (WAY) Invested Capital (2023 - 2026) Analysis & Trends

Waystar Holding's Invested Capital history runs 4 years deep, the most recent figure standing at $14.2 million for Q1 2026.

  • On a quarterly basis, Invested Capital rose 21.65% year-over-year to $14.2 million in Q1 2026; TTM through Mar 2026 was $37.5 million, a 23.78% decrease from a year earlier, with the FY2024 full-year figure at $11.7 million, down 35.12% from the prior year.
  • Invested Capital climbed to $14.2 million in Q1 2026 per WAY's latest filing, from $11.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $18.0 million in Q4 2023 and bottomed at $11.5 million in Q3 2025.
  • The 4-year median for Invested Capital is $12.3 million (2024), against an average of $13.1 million.
  • Across the five-year window, Invested Capital tumbled 35.12% in 2024 and grew 21.65% in 2026, its largest moves.
  • Year by year, Invested Capital stood at $18.0 million in 2023, then plunged by 35.12% to $11.7 million in 2024, then dropped by 1.25% to $11.5 million in 2025, then grew by 23.19% to $14.2 million in 2026.
  • Per Business Quant, the three latest WAY Invested Capital figures stand at $14.2 million (Q1 2026), $11.5 million (Q3 2025), and $11.8 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Veeva Systems 31.33 Bn 24.02 Bn 662.02 Mn -
2 BrightSpring Health Services 14.94 Bn 14.04 Bn 482.22 Mn 52.96 Mn
3 Healthequity 8.10 Bn 7.83 Bn 256.31 Mn -
4 10x Genomics 5.99 Bn 5.45 Bn 106.18 Mn -
5 Hinge Health 5.90 Bn 5.58 Bn 154.23 Mn -
6 Waystar Holding 4.38 Bn 4.32 Bn 216.84 Mn 14.19 Mn
7 MiniMed 4.38 Bn 4.08 Bn 480.00 Mn -
8 Doximity 3.90 Bn 3.15 Bn 125.97 Mn -
9 Privia Health 3.17 Bn 2.75 Bn - -
10 Omnicell 1.89 Bn 1.65 Bn 140.36 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 14.19 Mn
Sep 30, 2025 11.52 Mn
Jun 30, 2025 11.75 Mn
Mar 31, 2025 11.67 Mn
Dec 31, 2024 11.67 Mn
Sep 30, 2024 12.91 Mn
Jun 30, 2024 12.91 Mn
Dec 31, 2023 17.98 Mn