AI brief of an SEC Form 8-K · Waystar Holding (WAY)

Waystar raises 2025 guidance as Q3 revenue rises 12% to $268.7 million

Positive Impact 4 of 5 guidance Written later

Waystar reported third-quarter 2025 revenue of $268.7 million, up 12% year over year, and net income of $30.6 million, or $0.17 per diluted share, compared with $5.4 million, or $0.03, 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.

Key points

  • Q3 revenue was $268.7 million, up from $240.1 million in Q3 2024.
  • Q3 net income was $30.6 million, or $0.17 per diluted share, versus $5.4 million, or $0.03, a year earlier.
  • Full-year 2025 revenue guidance is $1.085 billion to $1.093 billion, and adjusted EBITDA guidance is $451 million to $455 million, both raised.
  • Q3 non-GAAP net income was $67.8 million, or $0.37 per diluted share.

The filing

CompanyWaystar Holding (WAY)
Form8-K, current report
Filed with the SECOct 29, 2025, 4:02 PM ET
Accession number0001990354-25-000030

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 October 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.