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Shift4 Payments Inc (FOUR) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · DATA UPDATED 2026-08-28

Shift4 Payments Inc (FOUR) operates in the SOFTWARE - INFRASTRUCTURE industry and is headquartered in Center Valley, United States with about 6,300 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, FOUR reported $4.2B in revenue and $119M in net income.

Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally.

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FOUR Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Revenue$4.8B$4.2B$3.3B$2.6B$2.0B$1.4B$767M$731M$561M
Gross Profit$1.7B$1.4B$973M$688M$470M$278M$178M$173M$141M
Gross Margin %35.9%34.2%29.2%26.8%23.6%20.4%23.2%23.7%25.1%
Operating Income (EBIT)$388M$351M$247M$115M$95M($49M)($58M)($4M)($13M)
Operating Margin %8.1%8.4%7.4%4.5%4.8%-3.6%-7.5%-0.6%-2.3%
Net Income$90M$119M$230M$86M$75M($49M)($18M)($57M)($55M)
Net Margin %1.9%2.9%6.9%3.4%3.8%-3.6%-2.4%-7.7%-9.9%
EBITDA$913M$817M$357M$366M$268M$55M$11M$59M$63M
Earnings Per Share (EPS)$1.16$1.34$2.51$1.46$0.91$-0.89$-0.41$-1.23$-1.42
Shares Outstanding (M)80M89M92M59M83M55M45M46M39M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FOUR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.3B$1.1B$1.2B$1.2B$966M$848M$887M$909M
Gross Profit$446M$392M$450M$429M$292M$257M$286M$267M
Gross Margin %34.4%35.0%37.9%36.4%30.3%30.3%32.3%29.4%
Operating Income (EBIT)$95M$50M$128M$115M$83M$25M$86M$80M
Operating Margin %7.3%4.5%10.8%9.7%8.6%3.0%9.7%8.8%
Net Income$22M$15M$25M$28M$34M$17M$116M$54M
Net Margin %1.7%1.3%2.1%2.4%3.5%2.0%13.1%5.9%
EBITDA$241M$188M$255M$229M$184M$125M$235M($113M)
Earnings Per Share (EPS)$0.28$0.20$0.37$0.31$0.38$0.18$1.29$0.60
Shares Outstanding (M)80M74M67M91M89M91M90M89M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FOUR Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash from Operations (CFO)$593M$634M$500M$388M$275M$29M$23M$27M$26M
Capital Expenditures (CapEx)$281M$135M$190M$138M$380M$86M$33M$20M$9M
Free Cash Flow (FCF)$312M$499M$311M$251M($105M)($56M)($10M)$7M$16M
FCF Margin %6.5%11.9%9.3%9.8%-5.2%-4.1%-1.2%0.9%2.9%
Dividends Paid$60M$30M$0M$0M$0M$0M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FOUR Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$63M$134M$224M$172M$142M$97M$145M$182M
Capital Expenditures (CapEx)$72M$71M$37M$101M$49M$52M$56M$81M
Free Cash Flow (FCF)($9M)$63M$187M$71M$93M$45M$89M$101M
FCF Margin %-0.7%5.6%15.7%6.0%9.6%5.3%10.1%11.1%
Dividends Paid$16M$15M$15M$14M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FOUR Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$8.7B$8.7B$5.0B$3.4B$2.6B$2.3B$1.8B$784M$739M
Cash & Cash Equivalents$356M$964M$1.2B$455M$776M$1.2B$928M$4M$5M
Total Liabilities$7.0B$6.8B$4.0B$2.5B$2.1B$1.9B$1.1B$817M$697M
Total Debt (Short + Long-Term)$4.5B$4.6B$2.9B$1.8B$1.7B$1.7B$1.0B$640M$554M
Total Shareholders' Equity$1.6B$1.4B$807M$868M$347M$273M$460M($29M)$41M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FOUR viewer.

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