Company Analysis

Waystar Holding Corp. (WAY)

Nasdaq: WAY · Services-Computer Integrated Systems Design · Lehi, UT · filing with the SEC since 2023
Grade6.8
◀ Past 6.7● Present 7.0▶ Future 6.4
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022
Report filedFeb 17, 2026Feb 18, 2025··
Revenue1,099,278943,549791,010704,874
Cost of revenue348,162315,730249,767214,891
Research and development54,62348,77535,33232,807
Sales and marketing178,017156,935124,437111,470
General and administrative128,623111,75362,92473,089
Total costs and expenses849,973819,824648,928r615,424
Operating income249,305123,725142,08389,450
Income before income taxes171,763-22,545-63,834-65,875
Income tax expense59,674-3,420-12,500-14,420
Net income including non-controlling interests·-19,125-51,334-51,455
Net income112,089-19,125-51,334-51,455
Net income to common shareholders112,089-19,125-51,334-51,455
Earnings per share, basic0.63-0.13-0.42-0.42
Earnings per share, diluted0.61-0.13-0.42-0.42
Weighted average shares, basic177,926,745149,915,839121,675,430121,684,771
Weighted average shares, diluted184,783,285149,915,839121,675,430121,684,771
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton WAY · research, not advice