Quarterly ResultApr 29, 2026, 04:33 PM
WAY Q1 Revenue +22.4% to $313.9M; Net Income +47.9% to $43.3M
AI Summary
Waystar Holding Corp. reported strong first-quarter results for 2026, with revenue increasing by 22.4% to $313.9 million and net income surging by 47.9% to $43.3 million. Basic earnings per share rose to $0.23 from $0.17 in the prior year. The company also saw a significant increase in net cash provided by operating activities, up 32.2% to $84.9 million.
Key Highlights
- Revenue increased 22.4% to $313.9 million for Q1 2026.
- Net income grew 47.9% to $43.3 million for Q1 2026.
- Basic EPS rose to $0.23 in Q1 2026 from $0.17 in Q1 2025.
- Subscription revenue increased 37.7% to $172.2 million.
- Volume-based revenue increased 7.4% to $139.5 million.
- Net cash provided by operating activities increased 32.2% to $84.9 million.
- Total assets increased to $5.84 billion as of March 31, 2026.