Shift4 Payments, Inc. (FOUR)

Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally. The company offers a payments platform, which provides omnichannel card acceptance; and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa, QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay, and WeChat Pay. It also provides technology solutions, such as SkyTab POS, which provides purpose-built POS workstations; SkyTab Mobile, which provides pay-at-the-table, order-at-the-table, delivery, customer feedback, and email marketing solutions; SkyTab Venue, which provides mobile ordering, countertop POS, self-service kiosk, and digital wallet solutions; Lighthouse, a cloud-based suite of business intelligence tools that includes customer engagement, social media management, online reputation management, scheduling and product pricing, extensive reporting, and analytics; The Giving Block, a cryptocurrency donation marketplace; Shift4Shop, an e-commerce platform that creates a web store and tools to manage product catalog, order fulfillment and inventory management, search engine optimization, and secure hosting; and Marketplace, which enables integrations into third-party applications, as well as loyalty and inventory management. In addition, the company offers merchant operations and support services, including underwriting, onboarding, and activation; training; risk management; and support services. Further, it provides software partner operations and support services, including software integrations and compliance management; partner support; and partner services. The company distributes its products through independent software vendors, internal sales and support networks, enterprises, and value-added resellers. Shift4 Payments, Inc. was founded in 1999 and is headquartered in Center Valley, Pennsylvania.

Symbol
FOUR
Exchange
NYSE
Sector
Technology
Industry
Software - Infrastructure
Market cap
$2.98B
52 week range
34.56 - 86.73

Valuation

Share price
$38.46 (close of 2026-09-23)

Price performance

PeriodChange
1 day-2.31%
5 days-9.19%
1 month-19.76%
3 months-0.54%
6 months-12.65%
Year to date-38.92%
1 year-54.09%
3 years-29.31%
5 years-55.79%
All time+14.67%

Profitability and growth

Return on equity
6.11%
Return on invested capital
5.41%
Return on assets
1.37%
Return on capital employed
4.74%
Gross margin
25.62%
Net margin
2.85%
EBITDA margin
18.73%
Revenue growth
25.49%
Net income growth
-48.26%
Free cash flow growth
26.57%

Cash flow and balance sheet

Current ratio
1.21x
Net debt to EBITDA
4.49x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$4.18B
Cost of revenue
$3.11B
Gross profit
$1.07B
EBITDA
$783.00M
Net income
$119.00M
Research and development
$6.00M

Income statement by year

Period endRevenueGross profitNet income
2025-12-31$4.18B$1.07B$119.00M
2024-12-31$3.33B$732.00M$230.00M
2023-12-31$2.56B$460.00M$86.00M
2022-12-31$1.99B$377.50M$75.10M
2021-12-31$1.37B$278.40M$-48.20M
2020-12-31$766.90M$177.80M$-18.40M
2019-12-31$731.40M$173.40M$-56.60M
2018-12-31$560.60M$140.70M$-55.40M

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3125.62%2.85%6.11%5.41%
2024-12-3121.98%6.90%22.59%9.19%
2023-12-3117.93%3.35%9.90%5.25%
2022-12-3118.94%3.77%15.61%6.12%
2021-12-3120.36%-3.52%-12.06%-4.96%
2020-12-3123.18%-2.40%-2.75%-7.37%
2019-12-3123.71%-7.74%172.04%-0.73%
2018-12-3125.10%-9.88%-154.32%-25.07%

Cash and debt by year

Period endCashDebt
2025-12-31$964.00M$4.54B
2024-12-31$1.21B$2.15B
2023-12-31$455.00M$1.75B
2022-12-31$702.50M$1.74B
2021-12-31$1.23B$1.74B
2020-12-31$927.80M$1.01B
2019-12-31$3.70M$635.10M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$624.00M$82.00M
2024-12-31$493.00M$65.00M
2023-12-31$332.00M$57.00M
2022-12-31$267.40M$49.60M
2021-12-31$-5.20M$40.80M
2020-12-31$-800.00K$66.20M
2019-12-31$-200.00K-
2018-12-31$23.90M-

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$1.17

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.97
2026-05-07--
2026-02-26--
2025-11-06--
2025-08-05--
2025-04-29--
2025-02-18--
2024-11-12--

Filings and sources

Company website
shift4.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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