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| Date | Value |
|---|---|
| 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 |