NASDAQ$WAY
Waystar Holding Corp · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Waystar Holding Corp reported strong Q4 2024 results with revenue and net income growth.
Waystar Holding Corp delivered strong financial performance in Q4 2024, with revenue increasing 18% year-over-year to $244.1 million. Net income reached $19.1 million, while non-GAAP net income stood at $52.1 million. The company reported a net income margin of 8% and an adjusted EBITDA margin of 41%. Revenue growth was driven by subscription and volume-based segments, both increasing significantly compared to the prior year.
- Revenue grew 18% year-over-year to $244.1 million.
- Net income reached $19.1 million with a margin of 8%.
- Non-GAAP net income totaled $52.1 million with adjusted EBITDA of $100.2 million.
- Subscription and volume-based revenue segments both showed strong growth.
Headline financials
Revenue & EPS history
Waystar Holding Corp · Revenue · Quarterly
$244M
Revenue by segment
Waystar Holding Corp · $223M total across 2 segments · Q1 2024
- Volume-Based Revenue$117M—52.5%
- Subscription Revenue$106M—47.5%
Forward guidance
Waystar expects continued revenue growth and strong adjusted EBITDA performance in FY 2025.
Tailwinds
- Total revenue expected to be between $1.0 billion and $1.016 billion.
- Adjusted EBITDA projected between $399 million and $407 million.
- Non-GAAP net income forecasted to range from $237 million to $243 million.
- Non-GAAP EPS expected to be between $1.29 and $1.32.
- Company remains focused on expanding its cloud-based healthcare payment solutions.
Headwinds
- Potential impact of macroeconomic conditions on client spending.
- Competitive pressures in the healthcare payment technology industry.
- Regulatory uncertainties that may affect operational costs.
- Stock-based compensation expenses may impact GAAP net income.
- Fluctuations in transaction volume could affect revenue growth projections.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 9 quarterly earnings reports · overlaid with Q4 2024
+3.4%
Avg return
Earnings day
+3.3%
Avg return
5 days after
+4.1%
Avg return
30 days after
67%
6 / 9 earnings
Positive
+9.2%
Q3 2023
Best reaction
-13.4%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.4% | -18.4% | -21.3% | |
| Q4 2025 | +8.6% | +11.9% | +10.6% | |
| Q3 2025 | -6.5% | -5.4% | -6.8% | |
| Q1 2025 | +6.2% | +8.7% | +7.6% | |
| Q4 2024 | -0.5% | -6.9% | -15.9% | |
| Q3 2024 | +9.2% | +8.1% | +6.6% | |
| Q3 2023 | +9.2% | +8.1% | +6.6% | |
| Q2 2023 | +8.9% | +11.6% | +24.9% | |
| Q2 2024 | +8.9% | +11.6% | +24.9% | |
| Q1 2024 | — | — | — | |
| Q4 2023 | — | — | — | |
| Q1 2023 | — | — | — | |
| Q4 2022 | — | — | — | |
| Q3 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q4 2021 | — | — | — | |
| Q3 2021 | — | — | — |
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