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

Waystar Holding has reported Operating Expenses for 4 years, with the latest figure at $233.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 22.06% year-over-year to $233.4 million; the trailing twelve-month figure through Mar 2026 stood at $892.2 million (up 8.61% YoY), and the FY2025 full-year result was $850.0 million, up 3.68% from the prior year.
• Operating Expenses for Q1 2026 stood at $233.4 million, down from $244.5 million in the prior quarter.
• The five-year high for Operating Expenses was $244.5 million in Q4 2025, with the low at $158.8 million in Q2 2023.
• Average Operating Expenses over 4 years is $199.7 million, with a median of $198.5 million recorded in 2025.
• Year-over-year, Operating Expenses soared 42.52% in 2024 and fell 9.05% in 2025.
• Tracing WAY's Operating Expenses over 4 years: stood at $169.0 million in 2023, then grew by 12.99% to $191.0 million in 2024, then increased by 28.05% to $244.5 million in 2025, then dropped 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.

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