Price
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Smart Score
Above averageHealthcare is one of the largest and most complex vertical end-markets within the U.S. economy, accounting for 18.0% of the U.S. gross domestic product as of 2024. According to the Council for Affordable Quality Healthcare (CAQH), total U.S. healthcare spending was $4.9 trillion in 2024. National health expenditures are expected to grow 5.8% annually reaching 20.3% of GDP in 2033. According to the CAQH, the U.S. spends $440 billion on healthcare administrative costs per year.
In the company’s own words · 10-K filed Feb 17, 2026 · SEC EDGAR
Business segments
Q1 2026 · $313.9MThe company’s own SEC segment disclosure.
- Subscription And Circulation$172.2M55%
- Volume Based$139.5M44%
- Implementation Services And Other$2.2M1%
Waystar Holding Corp. (WAY) reported revenue of $320M in Q2 2026 (quarter ended June 30, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 69% and net income of $41M (13% of revenue). For the full year FY2025, revenue was $1.10B (+17% year on year) and net income $112M. Its largest product in 2026-Q1 was Subscription And Circulation at $172M, 55% of the disclosed total, just ahead of Volume Based at 44%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.
Health Information Services
Ranks #7 of 14 by Smart Score