Waystar Q1 revenue rises 14% to $256.4 million; full-year 2025 guidance raised
Waystar reported first-quarter 2025 revenue of $256.4 million, up 14% year-over-year, and net income of $29.3 million, compared with a net loss of $15.9 million a year earlier. The company also raised its full-year 2025 revenue and adjusted EBITDA guidance, which signals management's confidence in the rest of the year for shareholders.
Key points
- Q1 2025 revenue of $256.4 million, up 14% from $224.8 million a year earlier
- Net income of $29.3 million, or $0.16 per diluted share, versus a net loss of $15.9 million, or $0.13 per share, in Q1 2024
- Full-year 2025 total revenue guidance set at $1.006 billion to $1.022 billion, and adjusted EBITDA guidance at $406 million to $414 million, both raised per the release
- Adjusted EBITDA of $107.7 million, with an adjusted EBITDA margin of 42%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.