Waystar Holding (WAY) Operating Expenses (2023 - 2026)

Waystar Holding's Operating Expenses history runs 4 years deep, the most recent figure standing at $233.4 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 22.06% year-over-year to $233.4 million; the TTM figure through Mar 2026 stood at $892.2 million (up 8.61% YoY), while the FY2025 annual figure was $850.0 million, up 3.68% from the prior year.
• Operating Expenses was $233.4 million for Q1 2026 at Waystar Holding, down from $244.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $244.5 million in Q4 2025 to a low of $158.8 million in Q2 2023.
• Historically, Operating Expenses has averaged $199.7 million across 4 years, with a median of $198.5 million in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 42.52% in 2024, then dropped 9.05% in 2025.
• A 4-year view of Operating Expenses shows it stood at $169.0 million in 2023, then climbed by 12.99% to $191.0 million in 2024, then grew by 28.05% to $244.5 million in 2025, then slipped by 4.54% to $233.4 million in 2026.
• The last three Operating Expenses figures came in at $233.4 million (Q1 2026), $244.5 million (Q4 2025), and $208.4 million (Q3 2025), per Business Quant data.