Waystar Posts 21% Revenue Gain in Third Quarter 2026
Waystar Holding Corp. reported Q3 2026 revenue of $325.6M, up 21% year over year, with a net income margin of 10%.
Waystar Holding Corp. (Nasdaq: WAY), a healthcare payments technology provider headquartered in Lehi, Utah and Louisville, Kentucky, reported third-quarter 2026 revenue of $325.6 million, a 21% increase compared with the same period a year earlier, the company announced Monday.
Net income for the quarter reached $31.0 million, translating to a net income margin of 10%. On a non-GAAP basis, net income came in at $87.1 million, reflecting the company's adjusted profitability after excluding certain items.
Read more Northwind Group Issues $231M Loan for Midtown NYC Office Conversion →
Waystar's adjusted EBITDA margin stood at 43% for the quarter, a figure that signals strong operational leverage within its software platform. The gap between GAAP and non-GAAP earnings is notable, a common feature among technology companies carrying significant amortization of intangible assets or stock-based compensation costs.
The double-digit revenue growth underscores sustained demand for healthcare revenue cycle management solutions as providers and payers continue investing in automation and payment accuracy tools. Waystar went public on Nasdaq under the ticker WAY and has positioned itself as a consolidating force in the fragmented healthcare financial technology sector.
Continue reading at All Financial Services & Investing.
