Waystar Holding Corp.
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 30, 2025
WAY$29.30+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
Unaudited Condensed Consolidated Statements of Operations (in Thousands, Except for Share and Per Share Data)
| | | | | | | |
|---|---|---|---|---|---|---|
| | Three months ended March 31, | |||||
| · · 2025 · 2024 | ||||||
| Revenue | | $256,435 | | $224,792 | ||
| Operating expenses | | | | | | |
| Cost of revenue (exclusive of depreciation and amortization expenses) | | 83,345 | | 75,192 | ||
| Sales and marketing | | 40,123 | | 33,780 | ||
| General and administrative | | 23,300 | | 26,135 | ||
| Research and development | | 11,078 | | 10,320 | ||
| Depreciation and amortization | | 33,380 | | 44,174 | ||
| Total operating expenses | | 191,226 | | 189,601 | ||
| Income from operations | | 65,209 | | 35,191 | ||
| Other expense | | | | | | |
| Interest expense | | (18,257) | | (55,812) | ||
| Related party interest expense | | (643) | | (1,372) | ||
| Income/(loss) before income taxes | | 46,309 | | (21,993) | ||
| Income tax expense/(benefit) | | 17,040 | | (6,061) | ||
| Net income/(loss) | | $29,269 | | $(15,932) | ||
| Net income/(loss) per share: | | | | | | |
| Basic | | $0.17 | | $(0.13) | ||
| Diluted | | $0.16 | | $(0.13) | ||
| Weighted-average shares outstanding: | | | | | | |
| Basic | | 172,188,237 | | 121,675,298 | ||
| Diluted | | 180,691,994 | | 121,675,298 | ||
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