Waystar Holding annual gross margin
2022
2023
2024
2025
Waystar Holding Gross Margin Growth & History (WAY)
Waystar Holding's gross margin was 68.33% for fiscal 2025.
View full Waystar Holding company overviewWaystar Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 68.33% | +1.79 pp |
| 2024 | 2024-12-31 | 66.54% | −1.89 pp |
| 2023 | 2023-12-31 | 68.42% | −1.09 pp |
| 2022 | 2022-12-31 | 69.51% | — |
Waystar Holding quarterly gross margin
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 69.44% | +1.60 pp |
| Q1 2026 | 2026-03-31 | 69.08% | +1.59 pp |
| Q4 2025 | 2025-12-31 | 69.48% | +2.07 pp |
| Q3 2025 | 2025-09-30 | 68.31% | +1.85 pp |
| Q2 2025 | 2025-06-30 | 67.84% | +2.14 pp |
| Q1 2025 | 2025-03-31 | 67.50% | +0.95 pp |
| Q4 2024 | 2024-12-31 | 67.41% | — |
| Q3 2024 | 2024-09-30 | 66.46% | −1.65 pp |
| Q2 2024 | 2024-06-30 | 65.70% | −3.43 pp |
| Q1 2024 | 2024-03-31 | 66.55% | — |
| Q3 2023 | 2023-09-30 | 68.10% | — |
| Q2 2023 | 2023-06-30 | 69.13% | — |
Waystar Holding gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Waystar Holding's gross margin decreased from 69.51% to 68.33%, a change of −1.19 percentage points. The latest reported quarter, Q2 2026, shows 69.44%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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