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NYSE · Industrials

Shift4 Payments, Inc. (FOUR)

As-reported financials and SEC filings for Shift4 Payments, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Shift4 Payments, Inc.

Shift4 Payments, Inc. provides integrated software and payment processing solutions primarily in the United States, with expanding international operations. Its offerings include omni-channel payment processing, point-of-sale (POS) systems, eCommerce platforms, business intelligence tools, and tax-free shopping services through its Global Blue acquisition. The company serves a diverse range of merchants from small businesses to large enterprises across various industries, enabling them to manage payments and commerce operations more efficiently.

Snapshot

Revenue
$4.18B
Revenue growth (YoY)
25.5%
Net income
$119.0M
Diluted EPS
Gross margin
Operating margin
8.4%
Net margin
2.8%
FCF margin
14.9%
ROE
6.1%
net income / fiscal-year-end equity
P/E
72.3×
trailing when available, otherwise FY EPS
Market cap
$3.65B
Long-term debt / equity
2.33×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Shift4 Payments

  • Revenue grew 25.5% to $4.2B in FY2025, slower than the 29.9% the year before.
  • Operating margin turned positive at 8.4% in FY2025, from a 3.6% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.3B, up 34.1% from Q2 FY2025.
  • Free cash flow was $624M in FY2025, 14.9% of revenue.
  • Net income fell 48.3% to $119M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Shift4 Payments’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin8.4%
61st percentile of 605
Net margin2.8%
47th percentile of 645
FCF margin14.9%
86th percentile of 562
Revenue growth (YoY)+25.5%
87th percentile of 668
ROE6.1%
46th percentile of 600
P/E72.3×
93rd percentile of 434
Long-term debt / equity2.33×
92nd percentile of 409
Short interest6.15d
84th percentile of 676

Shift4 Payments’s P/E of 72.3 ranks in the 93rd percentile of the 434 peers with a meaningful P/E. Shift4 Payments’s long-term debt to equity of 2.33 ranks in the 92nd percentile of the 409 Industrials companies reporting it. Shift4 Payments’s revenue growth of +25.5% ranks in the 87th percentile of the 668 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$128.7M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$60.7M1.2MNew
Point72 Asset ManagementquantQ2 2026$57.0M1.2MAdded
Gotham Asset ManagementQ2 2026$6.9M140.9KReduced
Millennium ManagementquantQ2 2026$3.2M65.9KAdded
Two Sigma InvestmentsquantQ2 2026$699,24914.4KAdded
AQR Capital ManagementquantQ2 2026$286,9866.0KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-12
filed 2026-05-13
Isaacman Jared10% ownerBuy193.0K$40.66$7.8M
2026-05-11
filed 2026-05-13
Isaacman Jared10% ownerBuy195.5K$41.41$8.1M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.1M
settled 2026-08-14
Change vs prior
-7.5%
vs previous settlement
Days to cover
6.15
at avg daily volume
Avg daily volume
2.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1414.1M-7.5%6.15
2026-07-3115.2M-2.9%15.50
2026-07-1515.7M-0.5%13.43
2026-06-3015.7M-5.8%7.48
2026-06-1516.7M+12.3%8.75
2026-05-2914.9M-0.3%12.42
2026-05-1514.9M-5.0%7.28
2026-04-3015.7M+4.5%10.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.18B$3.33B$2.56B$1.99B$1.37B
Gross profit$278.4M
Operating income$351.0M$247.0M$115.0M$94.7M$-49.2M
Net income$119.0M$230.0M$86.0M$75.1M$-48.2M
Diluted EPS

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$964.0M$1.21B$455.0M$702.5M$1.23B
Current assets$2.18B$1.91B$1.15B$991.7M$1.45B
Total assets$8.71B$5.04B$3.39B$2.55B$2.34B
Current liabilities$1.31B$1.38B$704.4M$268.3M$183.8M
Long-term debt$4.54B$2.15B$1.75B$1.74B$1.74B
Total liabilities$6.76B$4.02B$2.52B$2.07B$1.94B
Total equity$1.95B$1.02B$868.4M$480.6M$399.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$634.0M$500.0M$346.0M$275.4M$3.0M
Capital expenditure$10.0M$7.0M$14.0M$8.0M$8.2M
Free cash flow$624.0M$493.0M$332.0M$267.4M$-5.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.29B34.1%$22.0M
Q1 FY2026$1.12B32.2%$15.0M
Q4 FY2025$1.19B33.9%$40.2M
Q3 FY2025$1.18B29.4%$28.1M
Q2 FY2025$966.0M16.8%$34.0M
Q1 FY2025$848.0M19.9%$17.0M
Q4 FY2024$887.4M25.8%$116.4M
Q3 FY2024$909.2M34.6%$53.8M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1794669

Selected SEC filings

10-K2026-02-27
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-13
View on EDGAR →
8-K2026-06-17
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.