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

Waystar Holding (WAY) posted quarterly Invested Capital of $14.2 million for Q2 2026, up 20.79% year-over-year from $11.8 million in Q2 2025, and little changed quarter-over-quarter from $14.2 million in Q1 2026.

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 Q2 2026.

  • In Q2 2026, Invested Capital rose 20.79% year-over-year to $14.2 million; the TTM figure through Jun 2026 stood at $39.9 million (down 16.85% YoY), while the FY2024 annual figure was $11.7 million, down 35.12% from the prior year.
  • Invested Capital for Q2 2026 stood at $14.2 million, roughly flat from $14.2 million in the prior quarter.
  • The five-year high for Invested Capital was $18.0 million in Q4 2023, with the low at $11.5 million in Q3 2025.
  • The 4-year median for Invested Capital is $12.9 million (2024), against an average of $13.2 million.
  • The sharpest annual moves came in 2024 and 2026: Invested Capital slumped 35.12% in 2024, then gained 21.65% in 2026.
  • Waystar Holding's Invested Capital stood at $18.0 million in 2023, then sank by 35.12% to $11.7 million in 2024, then slipped by 1.25% to $11.5 million in 2025, then climbed by 23.19% to $14.2 million in 2026.
  • Business Quant data shows WAY's Invested Capital at $14.2 million in Q2 2026, $14.2 million in Q1 2026, and $11.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn -
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 41.45 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn -
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn -
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 14.19 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn -
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -
10 Privia Health 2.78 Bn 2.42 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 14.19 Mn
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