Growth Metrics

Waystar Holding (WAY) Net Margin (2023 - 2025)

Waystar Holding (WAY) has 3 years of Net Margin data on record, last reported at 11.91% in Q4 2025.

  • For Q4 2025, Net Margin rose 409.0% year-over-year to 11.91%; the TTM value through Dec 2025 reached 25.24%, up 2726.0%, while the annual FY2025 figure was 10.2%, 1222.0% up from the prior year.
  • Net Margin reached 11.91% in Q4 2025 per WAY's latest filing, up from 174.8% in the prior quarter.
  • Across five years, Net Margin topped out at 245.02% in Q1 2025 and bottomed at 174.8% in Q3 2025.
  • Average Net Margin over 3 years is 7.04%, with a median of 2.36% recorded in 2023.
  • The widest YoY moves for Net Margin: up 25211bps in 2025, down -17706bps in 2025.
  • A 3-year view of Net Margin shows it stood at 6.97% in 2023, then skyrocketed by 212bps to 7.82% in 2024, then surged by 52bps to 11.91% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 11.91% in Q4 2025, 174.8% in Q3 2025, and 11.89% in Q2 2025.