---
schema_version: "secwatch.filing_event.v1"
accession: "0001990354-26-000010"
form_type: "8-K"
ticker: "WAY"
cik: "0001990354"
company_name: "Waystar Holding Corp."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:34:33.090490+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Waystar Q4 revenue $304M +24% YoY; issues FY2026 guidance $1.27-$1.29B revenue

## Summary
- Q4 revenue $303.5M (+24% YoY); GAAP EPS $0.10, non-GAAP EPS $0.36; adjusted EBITDA $129.1M (43% margin).
- FY2025 revenue $1.1B (+17% YoY); net income $112.1M; adjusted EBITDA $462.1M (42% margin); NRR 112%.
- Subscription revenue Q4 $167.8M (+38% YoY); volume-based revenue $134.2M (+11%). FY subscription $558.4M (+22%).
- FY2026 guidance: revenue $1.274B-$1.294B; adjusted EBITDA $530M-$540M; non-GAAP EPS $1.59-$1.68.
- CEO highlights Iodine acquisition integration ahead of plan and AI-powered platform momentum.

## SEC filing metadata
- accession: 0001990354-26-000010
- form_type: 8-K
- ticker: WAY
- cik: 0001990354
- company_name: Waystar Holding Corp.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1990354/000199035426000010/0001990354-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1990354/000199035426000010/way-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001990354-26-000010
- JSON: https://secwatch.observer/filing/0001990354-26-000010.json
- Plain text: https://secwatch.observer/filing/0001990354-26-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.