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Waystar Holding (WAY) Research & Development (2023 - 2025)

Waystar Holding's Research & Development history spans 3 years, with the latest figure at $18.5 million for Q4 2025.

  • For Q4 2025, Research & Development rose 61.44% year-over-year to $18.5 million; the TTM value through Dec 2025 reached $54.6 million, up 11.99%, while the annual FY2025 figure was $54.6 million, 11.99% up from the prior year.
  • Research & Development reached $18.5 million in Q4 2025 per WAY's latest filing, up from $12.4 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.
  • Average Research & Development over 3 years is $11.9 million, with a median of $11.1 million recorded in 2024.
  • Peak YoY movement for Research & Development: skyrocketed 92.76% in 2024, then dropped 20.62% in 2025.
  • A 3-year view of Research & Development shows it stood at $9.8 million in 2023, then rose by 17.25% to $11.5 million in 2024, then soared by 61.44% to $18.5 million in 2025.
  • Per Business Quant, the three most recent readings for WAY's Research & Development are $18.5 million (Q4 2025), $12.4 million (Q3 2025), and $12.6 million (Q2 2025).