Waystar Holding (WAY) Net Margin (2023 - 2026)

Waystar Holding's Net Margin history runs 4 years deep, the most recent figure standing at 13.8% for Q1 2026.

• In Q1 2026, Net Margin rose 239.0% year-over-year to 13.8%; the TTM figure through Mar 2026 stood at 10.9% (up 823.0% YoY), while the FY2025 annual figure was 10.2%, up 1222.0% from the prior year.
• Net Margin was 13.8% for Q1 2026 at Waystar Holding, up from 6.58% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 13.8% in Q1 2026 to a low of 11.8% in Q2 2024.
• Historically, Net Margin has averaged 2.16% across 4 years, with a median of 4.42% in 2024.
• The sharpest annual moves came in 2024 and 2025: Net Margin plunged 629 bps in 2024, then soared 2370 bps in 2025.
• A 4-year view of Net Margin shows it stood at 6.97% in 2023, then jumped by 212 bps to 7.82% in 2024, then slipped by 16 bps to 6.58% in 2025, then soared by 110 bps to 13.8% in 2026.
• The last three Net Margin figures came in at 13.8% (Q1 2026), 6.58% (Q4 2025), and 11.4% (Q3 2025), per Business Quant data.