Highest-materiality recent filing
Waystar shareholders re-elect four Class II directors, ratify KPMG as auditor at 2026 annual meeting
Four Class II directors re-elected: Demichiei (175.7M for, 1.7M withheld), Driscoll (153.5M for, 23.9M withheld), Moskowitz (172.3M for, 5.1M withheld), Young (176.9M for, 0.5M withheld).
Waystar Q1 revenue $313.9M (+22% YoY); non-GAAP EPS $0.42; FY2026 guidance issued
Revenue $313.9M (+22% YoY); GAAP net income $43.3M ($0.22 EPS), non-GAAP net income $81.2M ($0.42 EPS).
Waystar Q4 revenue $304M +24% YoY; issues FY2026 guidance $1.27-$1.29B revenue
Q4 revenue $303.5M (+24% YoY); GAAP EPS $0.10, non-GAAP EPS $0.36; adjusted EBITDA $129.1M (43% margin).
Waystar Chief Business Officer Eric Sinclair resigns effective March 2, 2026
Eric (Ric) Sinclair III notified Waystar of resignation on Feb 2, 2026.
Waystar Q3 revenue $268.7M (+12% YoY); raises FY2025 guidance
Q3 net income $30.6M ($0.17 GAAP EPS); non-GAAP net income $67.8M ($0.37).
Waystar closes Iodine acquisition for ~$459M cash + 16.6M shares; debt amended
Acquisition completed Oct 1, 2025; total consideration ~$458.6M cash plus 16.64M shares valued at $37.31/share.
Waystar enters underwriting agreement for secondary offering of 18M shares by selling stockholders
Secondary offering of 18,000,000 shares of common stock by selling stockholders; company sells no shares.
Waystar reprices $1.16B term loan; rate cut 25 bps, adds $250M for Iodine deal
Refinanced $1,157,711,636 in term loans; interest rate reduced to adjusted SOFR +2.00% from 2.25%.
Waystar Q2 revenue $270.7M (+15%), net income $32.2M, raises FY2025 guidance
Revenue $270.7M, up 15% YoY; subscription revenue $131.1M (+17%), volume-based $138.3M (+14%).
Waystar acquires Iodine Software for $1.25B enterprise value; prelim Q2 revenue ~$271M (+15% YoY)
Total enterprise value $1.25B; consideration 50/50 cash and stock (approx. $625M cash + 16.75M WAY shares).
Board expanded from 10 to 12 directors; charter amended to remove ten-person limit, approved by 72.5% of outstanding shares.
Waystar grants CEO Matt Hawkins 396,197 PSUs; plans board expansion to 12 directors
CEO Hawkins receives 396,197 PSUs with TSR-based vesting over 4 years (2025–2029), up to 200% of target.
Waystar Q1 revenue $256.4M (+14% YoY), net income $29.3M; raises FY2025 guidance
Revenue $256.4M, up 14% YoY; net income $29.3M, GAAP diluted EPS $0.16.
Waystar Q4 revenue $244M (+18% YoY); FY2025 guidance revenue $1.0B-$1.016B
Q4 revenue $244.1M (+18% YoY), GAAP net income $19.1M ($0.11/sh), adjusted EBITDA $100.2M (41% margin).
Waystar refinances $1.17B term loans at lower rates; revolver increased to $400M
Refinanced $1,166,772,750 term loans; interest rate reduced from 2.75% to 2.25% on SOFR-based loans.
Waystar Q3 revenue up 22% YoY to $240M; raises FY2024 revenue guidance to $926-934M
Revenue $240.1M (+22% YoY); net income $5.4M, GAAP EPS $0.03, non-GAAP EPS $0.14.
Waystar Q2 revenue up 20% to $234.5M; net loss $27.7M; guides FY revenue $902-918M
Revenue $234.5M (+20% YoY); GAAP net loss $27.7M ($0.21 loss per share).
Waystar refinances $1.29B term loans with SOFR+2.75% or ABR+1.75%
Refinanced $1,290,900,000 of existing term loans via Amendment No. 9 to First Lien Credit Agreement.
Waystar closes IPO of 45M shares at $21.50, adopts governance agreements
IPO closed June 10, 2024: 45M shares of common stock at $21.50/share, raising ~$968M.
the board expanded the size of the Board from ten directors to twelve directors and appointed Aashima Gupta to serve as a Class III director
Max materiality 0.85 · Median 0.70 · Most common event earnings