)
Visual
earnings real time
Waystar (WAY) investor relations material
Waystar Barclays 23rd Annual Global Technology Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Barclays 23rd Annual Global Technology Conference summary10 Dec, 2025
Business overview and recent performance
Cloud-native platform serves over 1 million healthcare providers, including 17 of the top 20 US hospitals, reaching about 50% of the US patient population.
AI-driven automation enhances efficiency in insurance verification, claim processing, and patient payment solutions.
Achieved six consecutive quarters of revenue and EBITDA beats, with updated 2025 guidance reflecting $1.09 billion in revenue and 12% year-over-year growth.
Maintains Adjusted EBITDA margins above 40%, converting most of it to free cash flow.
Business model is split 50/50 between subscription and volume-based revenue, with high predictability and 98% visibility into future revenue.
Revenue cycle management and automation
Platform automates front-end insurance eligibility, mid-cycle clinical data structuring, and back-end claim processing.
Processes 6 billion insurance claims annually, totaling nearly $2 trillion in gross charges, with a 99% first-pass acceptance rate.
AI tools automate appeals for denied claims and provide integrated patient payment insights.
Recent Iodine acquisition adds advanced AI for unstructured clinical data, improving claim accuracy and value for providers.
Automation addresses $400 billion in annual administrative waste in healthcare.
AI strategy and monetization
AI is central to product strategy, with proprietary data from both Waystar and Iodine fueling model development.
GenAI capabilities automate prior authorizations and appeal letters, delivering efficiency and accuracy.
Over 30% of year-to-date bookings are from new AI solutions, reflecting strong client adoption.
Monetization includes elongating client relationships, annual price increases, new AI SKUs, and internal efficiency gains.
Operating leverage from AI supports a 40% Adjusted EBITDA margin target, with reinvestment in innovation and growth.
AI monetization: pricing and new SKUs impact
Iodine cross-sell impact on growth drivers
Volumetric revenue seasonality and predictability
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Waystar earnings date
Q4 202520 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
Waystar Holding Corp. provides healthcare organizations with mission-critical cloud software designed to simplify healthcare payments. The company's enterprise-grade platform automates and streamlines complex payment processes, enhancing accuracy in claims and billing, improving data integrity, and reducing labor costs for providers. Waystar serves approximately 30,000 clients, including physician practices, clinics, surgical centers, laboratories, and large hospitals, and is used by around one million providers across the United States. Waystar is headquartered in Lehi, Utah, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage