Growth Metrics

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 🔒
DateValue
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