Waystar Holding (WAY) Tax Rate (2023 - 2026)
Waystar Holding (WAY) posted quarterly Tax Rate of 27.54% for Q2 2026, down 339.0% year-over-year from 11.52% in Q2 2025, and little changed quarter-over-quarter from 27.64% in Q1 2026.
Waystar Holding (WAY) Tax Rate (2023 - 2026) Analysis & Trends
Waystar Holding's Tax Rate history runs 4 years deep, the most recent figure standing at 27.54% for Q2 2026.
- In Q2 2026, Tax Rate fell 339.0% year-over-year to 27.54%; the TTM figure through Jun 2026 stood at 30.92% (down 527.0% YoY), while the FY2025 annual figure was 34.74%, up 1957.0% from the prior year.
- Tax Rate for Q2 2026 stood at 27.54%, roughly flat from 27.64% in the prior quarter.
- The five-year high for Tax Rate was 44.7% in Q4 2025, with the low at 4.99% in Q4 2023.
- The 4-year median for Tax Rate is 28.33% (2025), against an average of 29.95%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 3730 bps in 2024, then tumbled 966 bps in 2025.
- Waystar Holding's Tax Rate stood at 4.99% in 2023, then jumped by 748 bps to 42.29% in 2024, then gained by 6 bps to 44.7% in 2025, then slumped by 38 bps to 27.54% in 2026.
- Business Quant data shows WAY's Tax Rate at 27.54% in Q2 2026, 27.64% in Q1 2026, and 44.7% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 7.39% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 3.83% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.67% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 27.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.76% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.14% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 41.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.54% |
| Jun 30, 2026 | 27.54% |
| Jun 30, 2026 | 27.54% |
| Mar 31, 2026 | 27.64% |
| Mar 31, 2026 | 27.64% |
| Mar 31, 2026 | 27.64% |
| Dec 31, 2025 | 44.70% |
| Dec 31, 2025 | 44.70% |
| Dec 31, 2025 | 44.70% |
| Sep 30, 2025 | 28.33% |
| Sep 30, 2025 | 28.33% |
| Sep 30, 2025 | 28.33% |
| Jun 30, 2025 | 30.92% |
| Jun 30, 2025 | 30.92% |
| Jun 30, 2025 | 30.92% |
| Mar 31, 2025 | 36.80% |
| Mar 31, 2025 | 36.80% |
| Mar 31, 2025 | 36.80% |
| Dec 31, 2024 | 42.29% |
| Dec 31, 2024 | 42.29% |