Business
Waystar Reports Fourth Quarter and Fiscal Year 2025 Results, Provides 2026 Guidance
Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the fourth quarter and full year ended December 31, 2025.
About this update from Waystar Holding Corp.
[{"type":"text","content":"Q4 revenue of $304M, up 24% YoY","length":31,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 net income of $20.0M and non-GAAP net income of $70.7M ","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 net income margin of 7%; adjusted EBITDA margin of 43%","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"FY 2025 revenue of $1,099M, up 17% YoY","length":38,"tagName":"p","attribs":{}},{"type":"text","content":"FY net income of $112.1M and non-GAAP net income of $262.9M ","length":59,"tagName":"p","attribs":{}},{"type":"text","content":"FY net income margin of 10%; adjusted EBITDA margin of 42% ","length":58,"tagName":"p","attribs":{}},{"type":"text","content":"LEHI, Utah and LOUISVILLE, Ky., Feb. 17, 2026 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the fourth quarter and full year ended December 31, 2025.","length":239,"tagName":"p"},{"type":"image","alt":"Waystar's logo (PRNewsfoto/Waystar)","displaySize":"","headline":null,"caption":"Waystar's logo (PRNewsfoto/Waystar)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/d287e412c2b57a2fcccb8983764ba027"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2AAFfTWXuWFyRI1pKtFzjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d287e412c2b57a2fcccb8983764ba027","width":400,"height":200}},"href":"https://mma.prnewswire.com/media/2513691/Waystar_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Waystar is delivering strong growth and momentum—driving record bookings, integrating the Iodine acquisition ahead of plan, and accelerating AI-powered innovation across our platform," said Matt Hawkins, Chief Executive Officer of Waystar. "We are leading healthcare's AI transformation by advancing the autonomous revenue cycle, leveraging unmatched proprietary data and deep domain expertise to deliver meaningful outcomes for providers. Our 2026 guidance reflects a robust pipeline, accelerating demand for an end-to-end AI-powered platform, and disciplined execution to sustain durable, profitable growth."","length":635,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2025 F...