Waystar Holding (WAY) revenue breakdown

Healthcare · Health Information Services · Market cap $5.1B

By product, Subscription revenue is the largest at 51% of fiscal 2025 revenue; Volume-based revenue grew fastest, 17% a year over 3 years.

Revenue by product

Fiscal years, as Waystar Holding reports them in its 10-K filings; fiscal 2025 total $1.1B.

Products2022202320242025Share
Subscription revenue$367M$401M$458M$558M 51%
Volume-based revenue$335M$386M$480M$535M 49%
Implementation services and other revenue$3M$4M$6M$6M 1%
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for WAY.
Open WAY in Investingly

Questions

Where does Waystar Holding make its money?

In fiscal 2025, by product: Subscription revenue $558M, Volume-based revenue $535M, Implementation services and other revenue $6M.

From Waystar Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.