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