Waystar Q2 revenue beats analyst expectations
WAY•Outlook
- Waystar expects 2026 revenue between $1.276 bln and $1.294 bln
- Company sees 2026 adjusted EBITDA between $535 mln and $545 mln
- Waystar expects 2026 non-GAAP net income between $322 mln and $340 mln
Overview
- Healthcare payment software firm's Q2 revenue rose 18% yr/yr, beating analyst expectations
- Adjusted EPS for Q2 beat analyst expectations
Result drivers
- Provider adoption - Co said results were driven by growing provider adoption of its platform
- Platform capabilities - Co cited the breadth of its platform, scale of data, and impact of AltitudeAI as supporting client performance
- Subscription revenue growth - Q2 subscription revenue rose 34% yr/yr, outpacing volume-based revenue growth
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $319.7 mln | $316.16 mln (21 Analysts) |
