Technology
Waystar Holding Corp.(WAY)
Live Price
Offline$18.75
+1.63% today
1Y Change
-50.86%
Window
Jun 23, 2025 โ Jun 15, 2026
- Market Cap
- $4.01B
- Revenue Growth
- +16.5%
- EPS Growth
- +584.6%
- Dividend Yield
- 0.0%
Coverage: 246 bars ยท Jun 23, 2025 โ Jun 15, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Waystar Holding Corp. (WAY) is a Technology stock with a market cap of $4.01B and listed on NASDAQ. The stock last traded around $18.75 and down 50.9% across the available one-year price window (Jun 23, 2025 โ Jun 15, 2026). Baseline metrics include revenue growth of +16.5%, EPS growth of +584.6%, a dividend yield of 0.0%. What stands out right now is revenue +16.5%, EPS +584.6%, free cash flow +98.7% with operating margin 24.3% and ROIC 3.4%. Valuation already assumes a fairly strong business story at P/E 31.7 and price/sales 3.5. Stock Foundry combines WAY price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+16.5% vs +11.9% peer median
Operating Margin
Above sector median
+24.3% vs +22.0% peer median
P/E
Above sector median
31.7 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 29, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +16.5% and EPS at +584.6%, with operating margin around 24.3%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -8.2% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 29, 2026 | โ | -15.4% | -21.3% | -23.3% |
2026 Feb 17, 2026 | -7.7% | +4.5% | +3.8% | +1.8% |
2025 Oct 29, 2025 | +8.8% | -6.5% | -7.2% | -6.5% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
WAY
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
WAY Max Drawdown
-56.15%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for WAY and SPY.
Company Overview
Waystar Holding Corp.
NASDAQ Global Select
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. The company primarily serves healthcare industry. Waystar Holding Corp. was founded in 2017 and is based in Lehi, Utah.
- Leadership
- Matthew J. Hawkins
- IPO Date
- Jun 7, 2024
- Employees
- 1.5k
- Street Address
- 1550 Digital Drive
- Mailing
- Lehi, UT, 84043
- Region
- Lehi, UT, US
- Reporting Currency
- USD
- Investor Line
- 844-492-9782
- Last Updated
- May 5, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 31.7
- EV/EBITDA
- 9.3
- Price/Sales
- 3.5
- Price/Book
- 1.0
Growth
- Revenue
- +16.5%
- EPS
- +584.6%
- Free Cash Flow
- +98.7%
Profitability
- Gross Margin
- 65.2%
- Operating Margin
- 24.3%
- Net Margin
- 10.9%
- ROE
- 3.5%
- ROIC
- 3.4%
Balance Sheet
- Debt/Equity
- 0.01
- Current Ratio
- 1.76
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.