Waystar Holding (WAY) Tax Rate (2023 - 2026)
Waystar Holding's quarterly Tax Rate came in at 27.58% in Q1 2026, down 913.0% year-on-year from 3.39% in Q1 2025, and down 38.36% quarter-over-quarter from 44.75% in Q4 2025.
Waystar Holding has reported Tax Rate for 4 years, with the latest figure at 27.58% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 913.0% year-over-year to 27.58%; the trailing twelve-month figure through Mar 2026 stood at 31.94% (down 1099.0% YoY), and the FY2025 full-year result was 34.74%, up 1957.0% from the prior year.
- Tax Rate for Q1 2026 stood at 27.58%, down from 44.75% in the prior quarter.
- The five-year high for Tax Rate was 44.75% in Q4 2025, with the low at 4.99% in Q4 2023.
- Average Tax Rate over 4 years is 30.1%, with a median of 29.62% recorded in 2025.
- Year-over-year, Tax Rate soared 3730 bps in 2024 and plunged 936 bps in 2025.
- Tracing WAY's Tax Rate over 4 years: stood at 4.99% in 2023, then soared by 748 bps to 42.29% in 2024, then climbed by 6 bps to 44.75% in 2025, then tumbled by 38 bps to 27.58% in 2026.
- The last three Tax Rate figures came in at 27.58% (Q1 2026), 44.75% (Q4 2025), and 28.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 23.09 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 2.26 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 40.49 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.58 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 32.53 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -4.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.58 |
| Mar 31, 2026 | 27.58 |
| Dec 31, 2025 | 44.75 |
| Dec 31, 2025 | 44.75 |
| Sep 30, 2025 | 28.33 |
| Sep 30, 2025 | 28.33 |
| Jun 30, 2025 | 30.91 |
| Jun 30, 2025 | 30.91 |
| Mar 31, 2025 | 36.71 |
| Mar 31, 2025 | 36.71 |
| Dec 31, 2024 | 42.29 |
| Dec 31, 2024 | 42.29 |
| Sep 30, 2024 | 37.69 |
| Sep 30, 2024 | 37.69 |
| Jun 30, 2024 | 34.54 |
| Jun 30, 2024 | 34.54 |
| Mar 31, 2024 | 27.56 |
| Mar 31, 2024 | 27.56 |
| Dec 31, 2023 | 4.99 |
| Dec 31, 2023 | 4.99 |
| Sep 30, 2023 | 23.32 |
| Sep 30, 2023 | 23.32 |
| Jun 30, 2023 | 22.55 |
| Jun 30, 2023 | 22.55 |