Waystar Holding Corp Earnings Reports

Waystar posted $270.7 million in revenue and $32.2 million in net income for Q2 2025, driven by growth in both subscription and volume-based revenue. Adjusted EBITDA margin reached 42%, and the company raised full-year guidance.

Waystar Holding Corp. delivered a strong first quarter in 2025, achieving 14% year-over-year revenue growth to $256.4 million. The company reported a net income of $29.3 million and an adjusted EBITDA of $107.7 million, demonstrating robust profitability with net income margins exceeding 10% and adjusted EBITDA margins over 40%.

Waystar Holding Corp delivered strong financial performance in Q4 2024, with revenue increasing 18% year-over-year to $244.1 million. Net income reached $19.1 million, while non-GAAP net income stood at $52.1 million. The company reported a net income margin of 8% and an adjusted EBITDA margin of 41%. Revenue growth was driven by subscription and volume-based segments, both increasing significantly compared to the prior year.