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Waystar Holding (WAY) Operating Expenses (2023 - 2025)

Waystar Holding's Operating Expenses history spans 3 years, with the latest figure at $244.5 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 28.05% year-over-year to $244.5 million; the TTM value through Dec 2025 reached $850.0 million, up 3.68%, while the annual FY2025 figure was $850.0 million, 3.68% up from the prior year.
  • Operating Expenses reached $244.5 million in Q4 2025 per WAY's latest filing, up from $208.4 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.
  • Average Operating Expenses over 3 years is $196.6 million, with a median of $191.2 million recorded in 2025.
  • Peak YoY movement for Operating Expenses: surged 42.52% in 2024, then decreased 9.05% in 2025.
  • A 3-year view of Operating Expenses shows it 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.
  • Per Business Quant, the three most recent readings for WAY's Operating Expenses are $244.5 million (Q4 2025), $208.4 million (Q3 2025), and $205.8 million (Q2 2025).