secwatch.observer — SEC 8-K summary
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Issuer:     Waystar Holding Corp. (WAY)
CIK:        0001990354
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001104659-25-014518
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waystar Q4 revenue $244M (+18% YoY); FY2025 guidance revenue $1.0B-$1.016B
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- Q4 revenue $244.1M (+18% YoY), GAAP net income $19.1M ($0.11/sh), adjusted EBITDA $100.2M (41% margin).
- FY2024 revenue $944M (+19% YoY), net loss $19.1M (improved 62.7% YoY), adjusted EBITDA $383M (+15%).
- FY2025 guidance: revenue $1.0B-$1.016B, adjusted EBITDA $399M-$407M, non-GAAP EPS $1.29-$1.32.
- Key metrics: 1,203 clients >$100K LTM revenue (+15% YoY); NRR 110%; subscription rev $121.6M (+18%); volume rev $121.2M (+19%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1990354/000110465925014518/0001104659-25-014518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1990354/000110465925014518/tm256785d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-014518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer