Shift4 Payments, Inc. (FOUR) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, Shift4 Payments reported revenue of $4.18B, up 25.5% from $3.33B the year before. Net income was $119.0M (a 2.8% net margin). Operating margin was 8.4%. Operating activities generated $634.0M of cash, leaving $624.0M of free cash flow. At fiscal year end, Shift4 Payments held $8.71B in total assets against $6.76B in total liabilities, including $964.0M of cash and equivalents.
Open the full interactive Shift4 Payments financials → Quarterly statements, key ratios, valuation history and price charts.
Shift4 Payments Key Stats
| Share Price | $38.84 |
|---|---|
| Market Cap | $3.09B |
| Revenue YoY Growth | +25.5% |
| 52-Week Range | $35.58 – $77.78 |
| Shares Outstanding | 79.3 million (basic, 2026 Q2) |
Shift4 Payments Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $766.9M | $1.37B | $1.99B | $2.56B | $3.33B | $4.18B |
| Cost of Goods Sold | $589.1M | $1.09B | — | — | — | — |
| Gross Profit | $177.8M | $278.4M | — | — | — | — |
| Operating Income | -$57.6M | -$49.2M | $94.7M | $114.8M | $247.0M | $351.0M |
| Pre-Tax Income | -$113.8M | -$77.1M | $86.9M | $119.5M | -$1.6M | $195.0M |
| Income Tax | -$2.4M | -$3.1M | $200,000 | -$3.4M | -$296.1M | $48.0M |
| Net Income | -$18.4M | -$48.2M | $75.1M | $86.2M | $229.6M | $119.0M |
| Diluted EPS | — | -$0.89 | $1.05 | $1.43 | — | — |
Shift4 Payments Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.18B | $1.19B | $1.12B | $1.29B |
| Net Income | $28.1M | $40.2M | $15.0M | $22.0M |
| Diluted EPS | $0.17 | — | -$0.01 | $0.08 |
Shift4 Payments Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $927.8M | $1.23B | $776.5M | $455.0M | $1.21B | $964.0M |
| Current Assets | $1.03B | $1.45B | $991.7M | $1.15B | $1.91B | $2.18B |
| Total Assets | $1.78B | $2.34B | $2.55B | $3.39B | $5.04B | $8.71B |
| Current Liabilities | $99.4M | $183.8M | $268.3M | $704.4M | $1.38B | $1.31B |
| Total Long-Term Debt | $1.01B | $1.74B | $1.77B | $1.77B | $2.84B | $4.55B |
| Total Liabilities | $1.11B | $1.94B | $2.07B | $2.52B | $4.02B | $6.76B |
| Shareholders' Equity | $459.6M | $272.8M | $347.3M | $653.3M | $806.6M | $1.44B |
Shift4 Payments Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $23.4M | $29.2M | $275.4M | $388.3M | $500.3M | $634.0M |
| Cash From Investing | -$102.1M | -$196.7M | -$516.8M | -$301.9M | -$691.1M | -$3.00B |
| Cash From Financing | $1.00B | $471.2M | -$214.6M | -$152.2M | $929.2M | $2.06B |
| Free Cash Flow | $18.6M | $21.0M | $267.4M | $374.6M | $493.2M | $624.0M |
Figures from Shift4 Payments' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Shift4 Payments financials page for every line item.
Shift4 Payments Company Profile
| Ticker | FOUR |
|---|---|
| Exchange | NYSE |
| Industry | Business Services (Other) (Services) |
| Headquarters | Center Valley, Pennsylvania |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001794669 |
Frequently Asked Questions
What was Shift4 Payments' revenue in fiscal 2025?
Shift4 Payments (FOUR) reported revenue of $4.18B for fiscal 2025.
What is Shift4 Payments' annual revenue history?
Shift4 Payments' annual revenue by fiscal year: 2020: $766.9M; 2021: $1.37B; 2022: $1.99B; 2023: $2.56B; 2024: $3.33B; 2025: $4.18B.
What was Shift4 Payments' net income in fiscal 2025?
Shift4 Payments reported net income of $119.0M for fiscal 2025.
How much free cash flow did Shift4 Payments generate in fiscal 2025?
Shift4 Payments generated $624.0M of free cash flow in fiscal 2025.
What was Shift4 Payments' revenue last quarter?
In its most recent reported quarter (2026 Q2), Shift4 Payments reported revenue of $1.29B.
How much debt does Shift4 Payments have?
Shift4 Payments reported $4.55B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Shift4 Payments are outstanding?
Shift4 Payments reported a weighted average of 79.3 million basic shares outstanding in 2026 Q2.
What is Shift4 Payments' market cap?
Based on its latest closing price, Shift4 Payments (FOUR) has a market capitalization of about $3.09B.
When does Shift4 Payments' fiscal year end?
Shift4 Payments' fiscal year end, as registered with the SEC, is December 31.
Where is Shift4 Payments headquartered?
Shift4 Payments lists its business address in Center Valley, Pennsylvania in its SEC filings.