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

Waystar Holding's Research & Development history runs 4 years deep, the most recent figure standing at $45.8 million for Q1 2026.

• On a quarterly basis, Research & Development rose 14.22% year-over-year to $45.8 million in Q1 2026; TTM through Mar 2026 was $29.4 million, a 84.24% decrease from a year earlier, with the FY2025 full-year figure at $54.6 million, down 65.19% from the prior year.
• Research & Development rose to $45.8 million in Q1 2026 per WAY's latest filing, from -$74.2 million in the prior quarter.
• Across five years, Research & Development topped out at $62.4 million in Q4 2024 and bottomed at -$74.2 million in Q4 2025.
• The 4-year median for Research & Development is $34.9 million (2023), against an average of $24.8 million.
• Across the five-year window, Research & Development jumped 328.56% in 2024 and slumped 218.79% in 2025, its largest moves.
• Year by year, Research & Development stood at $30.9 million in 2023, then surged by 101.8% to $62.4 million in 2024, then slumped by 218.79% to -$74.2 million in 2025, then surged by 161.78% to $45.8 million in 2026.
• Per Business Quant, the three latest WAY Research & Development figures stand at $45.8 million (Q1 2026), -$74.2 million (Q4 2025), and $45.2 million (Q3 2025).