Waystar Holding annual operating margin
2022
2023
2024
2025
Waystar Holding Operating Margin Growth & History (WAY)
Waystar Holding's operating margin was 22.68% for fiscal 2025.
View full Waystar Holding company overviewWaystar Holding annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 22.68% | +9.57 pp |
| 2024 | 2024-12-31 | 13.11% | −4.85 pp |
| 2023 | 2023-12-31 | 17.96% | +5.27 pp |
| 2022 | 2022-12-31 | 12.69% | — |
Waystar Holding quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.79% | −0.17 pp |
| Q1 2026 | 2026-03-31 | 25.64% | +0.21 pp |
| Q4 2025 | 2025-12-31 | 19.44% | −2.33 pp |
| Q3 2025 | 2025-09-30 | 22.42% | +11.11 pp |
| Q2 2025 | 2025-06-30 | 23.96% | +20.44 pp |
| Q1 2025 | 2025-03-31 | 25.43% | +9.77 pp |
| Q4 2024 | 2024-12-31 | 21.77% | — |
| Q3 2024 | 2024-09-30 | 11.31% | −5.03 pp |
| Q2 2024 | 2024-06-30 | 3.52% | −15.46 pp |
| Q1 2024 | 2024-03-31 | 15.65% | — |
| Q3 2023 | 2023-09-30 | 16.33% | — |
| Q2 2023 | 2023-06-30 | 18.98% | — |
Waystar Holding operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Waystar Holding's operating margin increased from 12.69% to 22.68%, a change of +9.99 percentage points. The latest reported quarter, Q2 2026, shows 23.79%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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