Waystar (WAY) Q2 Revenue Jumps 15%
Waystar (NASDAQ:WAY), a leading provider of cloud-based healthcare payment software, reported second quarter 2025 earnings results on July 30, 2025. The main news: GAAP revenue climbed to $270.7 million in Q2 2025, exceeding consensus estimates by $11.17 million, and non-GAAP earnings per share (EPS) reached $0.36, above the $0.34 non-GAAP analysts expected. The company announced robust growth across its platform, especially in AI-powered provider solutions. Management raised guidance for full-year 2025, highlighting continued demand and the rapid onboarding of large clients, while also noting the business’s recurring revenue model and strong free cash flow. Overall, the period saw outperformance versus expectations, sustained high adjusted EBITDA margins (42%), and progress toward strategic goals.
Source: Analyst estimates for the quarter provided by FactSet.
Waystar is a cloud-based healthcare payment technology company. It delivers software that automates and streamlines the complex billing and payment cycle for medical providers. Its platform processes over six billion healthcare payment transactions annually as of 2025, and helps providers maximize revenue by reducing claim denials and speeding up payments.
Source Fool.com