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

43.47 1.98 +4.77%
Market cap
$3.3B
P/E
66.3×
Fwd P/E
28.3×
Dividend yield
—
F-score
5/9
Altman Z
1.04
Beneish M
−1.88
Dividend safety
n/a

Shift4 Payments, Inc. (FOUR) Gross margin

Alert me on Gross margin

Shift4 Payments, Inc.'s gross margin over the twelve months to 30 June 2026 was 35.9%, up 1.7 percentage points from fiscal 2025 (34.2%). Over the past ten years it has ranged from 20.4% (fiscal 2021) to 34.2% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Infrastructure industry median of 59.2% and below the Technology sector median of 47.1%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 34.2% 4.95
FY2024 29.2% 2.39
FY2023 26.8% 3.23
FY2022 23.6% 3.23
FY2021 20.4% (2.82)
FY2020 23.2% (0.53)
FY2019 23.7% (1.39)
FY2018 25.1% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 34.4% (0.53)
Mar 2026 35.0% (2.87)
Dec 2025 37.8% 1.39
Sep 2025 36.5% 6.22
25 more quarters

Against its own ten years

Low 20.4% High 34.2%
Ten-year median 24.4%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
CLBT Cellebrite DI Ltd. compare 83.0%
AVPT AvePoint, Inc. compare 73.5%
APPN Appian Corporation compare 72.4%
WIX Wix.com Ltd. compare 66.6%
TDC Teradata Corporation compare 60.8%
FOUR Shift4 Payments, Inc. 35.9%
DLO DLocal Limited compare 34.3%
BLSH Bullish compare 0.16%
TCGL TechCreate Group Ltd. compare —
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on FOUR