Waystar Holding (WAY) Research & Development (2023 - 2026)

Waystar Holding's Research & Development history runs 4 years deep, the most recent figure standing at $18.4 million for Q1 2026.

• In Q1 2026, Research & Development rose 65.81% year-over-year to $18.4 million; the TTM figure through Mar 2026 stood at $61.9 million (up 24.99% YoY), while the FY2025 annual figure was $54.6 million, up 11.99% from the prior year.
• Research & Development was $18.4 million for Q1 2026 at Waystar Holding, down from $18.5 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $18.5 million in Q4 2025 to a low of $8.2 million in Q2 2023.
• Historically, Research & Development has averaged $12.4 million across 4 years, with a median of $11.3 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Research & Development soared 92.76% in 2024, then fell 20.62% in 2025.
• A 4-year view of Research & Development shows it stood at $9.8 million in 2023, then increased by 17.25% to $11.5 million in 2024, then surged by 61.44% to $18.5 million in 2025, then slipped by 0.82% to $18.4 million in 2026.
• The last three Research & Development figures came in at $18.4 million (Q1 2026), $18.5 million (Q4 2025), and $12.4 million (Q3 2025), per Business Quant data.