Waystar Holding Corp. — Third Quarter 2026 Earnings Summary

Waystar Holding Corp. reported third-quarter 2026 revenue of $325.6 million, representing a 21% year-over-year increase, driven by a 34% rise in subscription revenue. The company achieved a net income of $31.0 million and a non-GAAP net income of $87.1 million, resulting in an adjusted EBITDA margin of 43%. Key performance metrics included a net revenue retention rate of 108% and 1,488 clients contributing over $100,000 in trailing twelve-month revenue. Waystar provided full-year 2026 guidance projecting total revenue between $1.277 billion and $1.287 billion and adjusted EBITDA between $543 million and $549 million.