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Friday 6 November 2026 Export FOUR’s income statement to Excel — free account

Shift4 Payments, Inc.

FOUR Technology Software Infrastructure

Shift4 Payments, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 25.5% from fiscal 2024.

Revenue
+34.1%
EPS
−77.1%
Free cash flow
−109.1%
Total debt
+20.9%

Quarter to June 2026, against a year earlier

42.60 2.22 −4.95%
Market cap
$3.4B
P/E
67.6×
Fwd P/E
28.3×
Dividend yield
—
F-score
5/9
Altman Z
1.04
Beneish M
−1.88
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 33.61
Sold, $m 1.18
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 2 — 1 — — — — — —
Sell 2 — — — — — — — — — — —
Insider Ownership 29.91%

Capital & Financial Ratios $m

Size
Market Cap 3,380.00
Revenue ttm 4,782.00
Net income ttm 122.00
Free cash flow ttm 311.00
Net debt Q 4,155.00
Valuation
P/E 67.62 (above 35: high)
Forward P/E 28.30
Price / sales 0.71
Forward P/S Powerpack
Price / FCF 10.86
Price / book 1.95
Financial health
Current ratio Q 1.21
Debt / equity Q 2.60 (above 2: weak)
Interest coverage Q 1.46
Growth
Revenue growth Q +34.06% (above 0%: growing)
Operating income growth Q +14.46% (above 0%: growing)
EPS, this year +0.06%
EPS, next year A +14.78%
Revenue, next year A +22.37% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +10.38%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.6×, against a ten-year median of 2.2×; over the ten years it ranged from 1.5× in 2026 to 6.8× in 2021.
P/E against its own 10 years 90.67%
10-year low 10-year high
P/S against its own 10 years 4.70%
10-year low 10-year high
P/B against its own 10 years 7.64%
10-year low 10-year high
EV/Sales against its own 10 years 6.75%
10-year low 10-year high
EV/FCF against its own 10 years 47.30%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 539 1,212 964 356
Receivables 257 349 742 809
Inventory 3 9 — —
Other 321 298 350 753
1,153 1,910 2,181 2,071
2023 2024 2025 Q'26
Payables 205 248 679 633
ST’ Debt — 687 10 10
Other 389 297 366 759
704 1,379 1,314 1,710

Compound Annual Growth %

10y 5y 3y
Sales — 40.37% 27.99%
Cash Flow — 175.43% 32.04%
Earnings — 0.00% 1.70%
Book Value — 23.78% 59.41%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 1.19 Actual 1.32

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 1.46 1.47 Beat by 0.01
Q4 FY25 1.57 1.60 Beat by 0.03
Q1 FY26 0.99 0.97 Miss by 0.02
Q2 FY26 1.19 1.32 Beat by 0.13
Q3 FY26 1.35 — Reports 5 November 2026

EPS $

Mar Jun Sep Dec Year
’26 (0.01) 0.08 — — —
’25 0.20 0.32 0.17 0.36 1.08
’24 0.31 0.58 0.74 1.44 3.03
’23 0.24 0.42 0.55 0.21 1.43
’22 (0.13) 0.18 0.57 0.46 1.05
’21 (0.62) 0.05 (0.17) (0.18) (0.89)
’20 (0.11) (0.03) (0.12) (0.28) (0.43)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,121 1,295 — — —
’25 848 966 1,177 1,189 4,180
’24 707 827 909 887 3,331
’23 547 637 675 706 2,565
’22 402 507 547 538 1,994
’21 239 351 378 399 1,368
’20 199 142 215 211 767
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 134 63 — — —
’25 96 142 172 224 634
’24 115 112 143 131 500
’23 79 92 112 63 346
’22 31 40 65 140 275
’21 (7) (1) 14 (3) 3
’20 10 (3) 10 (13) 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 66 (9) — — —
’25 47 99 98 156 400
’24 75 71 94 88 327
’23 51 57 69 30 208
’22 12 12 34 113 171
’21 (22) (18) (8) (24) (72)
’20 6 (6) 1 (27) (25)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 561 731 767 1,368 1,994 2,565 3,331 4,180 4,782 +33.2% 5,115 5,793 6,493 +15.8%
Gross margin, % — — 25.10 23.71 23.18 20.36 23.59 26.82 29.21 34.16 35.91 +9.1 pt
EBT — — (59) (55) (114) (77) 87 120 (1) 195 153 n/m
EBT margin, % — — (10.61) (7.51) (14.84) (5.64) 4.36 4.68 (0.03) 4.67 3.20 +15.3 pt
Net income — 0 (55) (57) (111) (74) 87 123 295 147 122 n/m
Per share, $
Per share, $ Revenue — — 12.19 15.90 17.03 24.90 35.49 42.98 49.22 61.42 60.32 +26.0%
Earnings — — (1.19) (1.23) (0.43) (0.89) 1.34 1.45 3.36 1.15 0.63 n/m
Cash flow — — 0.55 0.17 0.09 0.05 4.90 5.80 7.39 9.32 7.48 +49.6%
Capex — — (0.12) (0.36) (0.64) (1.37) (1.86) (2.31) (2.56) (3.44) (3.56) +61.2%
Free cash flow — — 0.43 (0.19) (0.56) (1.31) 3.04 3.49 4.83 5.88 3.92 +45.2%
Book value — — 0.00 (0.72) 14.88 7.28 8.56 14.55 15.04 28.61 21.88 n/m
Shares, m — — 46 46 45 55 56 60 68 68 72 +5.8%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 38.80 49.90 31.07 54.76 67.62 21.8
P/S — — 0.00 0.00 4.43 2.33 1.48 1.71 2.11 1.03 0.71 1.6
P/B — — 0.00 0.00 5.07 7.96 6.12 5.04 6.90 2.20 1.95 4.2
EV/Sales — — 0.82 0.82 4.53 2.70 1.96 2.18 2.60 1.88 1.58 2.2
EV/FCF — — 26.07 26.07 (138.95) (51.23) 22.89 26.65 26.46 19.67 24.22 (5.3)
Cash, $m
Cash, $m Operating cash flow — — 26 8 4 3 275 346 500 634 593 +58.3%
Capex — — (6) (17) (29) (75) (104) (138) (173) (234) (282) +70.4%
Free cash flow — — 20 (9) (25) (72) 171 208 327 400 311 +53.5%
Balance, $m
Balance, $m Working capital — — (28) (23) 934 1,270 723 449 531 867 361 n/m
Net debt — — 549 637 79 512 970 1,211 1,629 3,582 4,155 +30.7%
Shareholders’ equity — — — (33) 670 400 481 868 1,018 1,947 1,735 n/m
Returns, %
Returns, % ROA — — 0.00 (14.44) (1.44) (2.34) 3.07 2.89 5.46 1.15 0.56 +1.2 pt
ROIC — — (1.49) (0.46) (4.81) (3.37) 4.08 3.46 5.83 3.97 4.12 +5.5 pt
ROE — — (1,385.00) (1,397.53) (5.78) (9.01) 17.06 12.75 24.39 7.93 3.20 +1,392.9 pt
People
People Employees — — — 738 1,311 1,753 2,300 3,030 4,000 6,300 — +43.0%
Revenue/emp, $m — — 0.00 0.99 0.58 0.78 0.87 0.85 0.83 0.66 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Shift4 Payments, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
APPN Appian Corporation $3.9B — (loss-making) 1,228× +25.47% (above 0%: growing) +54.55% (above 0%: growing) −210.79% (below 0%: shrinking) 0.00% 9.08% Compare
DLO DLocal Limited $3.8B 19.2× 15.9× +55.84% (above 0%: growing) +26.67% (above 0%: growing) +12.57% (above 0%: growing) 31.81% 16.05% Compare
PAY Paymentus Holdings, Inc. $3.7B 44.7× 45.6× +19.77% (above 0%: growing) +55.71% (above 0%: growing) +32.10% (above 0%: growing) 25.21% 9.01% Compare
AVPT AvePoint, Inc. $3.5B 45.6× 57.7× +19.48% (above 0%: growing) +50.00% (above 0%: growing) −13.62% (below 0%: shrinking) 72.20% 8.73% Compare
FOUR Shift4 Payments, Inc. $3.4B 67.6× 28.3× +34.06% (above 0%: growing) −77.14% (below 0%: shrinking) −109.09% (below 0%: shrinking) 34.44% 7.34%
WIX Wix.com Ltd. $3.2B — (loss-making) — (loss-making) +14.93% (above 0%: growing) n/m −64.35% (below 0%: shrinking) 65.77% (10.44%) Compare
BLSH Bullish $3.1B — (loss-making) — (loss-making) −44.34% (below 0%: shrinking) n/m +2.25% (above 0%: growing) 0.25% (0.87%) Compare
CLBT Cellebrite DI Ltd. $3.1B 51.3× 48.2× +15.77% (above 0%: growing) −62.50% (below 0%: shrinking) −79.43% (below 0%: shrinking) 80.78% 5.30% Compare
TDC Teradata Corporation $3.0B 6.7× 7.7× +0.49% (above 0%: growing) +444.44% (above 0%: growing) +169.23% (above 0%: growing) 59.27% 11.71% Compare
Median of peers $3.3B 44.7× 46.9× +17.63% +52.28% −5.68% 45.54% 8.87%

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 1.54%
Jared Isaacman 28.66%
BlackRock, Inc. 8.79%
Durable Capital Partners LP 8.33%
Darlington Partners Capital Management, LP 7.02%
Wasatch Advisors LP 5.30%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Shift4 Payments, Inc. (FOUR) Latest News

5 Nov

Impact 3 · · Moby
Impact 3 · · Exec Edge
Impact 3 · · The Motley Fool
Impact 3 · · The Motley Fool transcript
Impact 3 · · StockStory

29 Oct

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22 Oct

Impact 3 · · Business Wire

14 Oct

Impact 3 · · Insider Monkey

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5 Oct

Impact 3 · · StockStory

27 Sep

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27 Aug

Impact 3 ·

26 Aug

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15 Aug

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13 Aug

Impact 4 · · The Motley Fool transcript

11 Aug

Impact 3 · · paymentsdive.com

10 Aug

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8 Aug

Impact 3 · · MarketBeat transcript

7 Aug

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6 Aug

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Impact 3 · · Moby transcript
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29 Jul

Impact 3 ·

FOUR metrics, ten years each

stockrow.com/FOUR · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com