Saturday 17 October 2026 Export FOUR’s income statement to Excel — free account

Shift4 Payments, Inc.

Shift4 Payments, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 25.5% from fiscal 2024. In the quarter to June 2026, revenue grew 34.1%, EPS fell 77.1%, free cash flow fell 109.1% and total debt rose 20.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

39.43 0.09 +0.23%

Follow FOUR

Alert me

Market cap: $3.1B
P/E: 62.6×
Fwd P/E: 19.1×
Dividend yield: —
F-score: 5/9
Altman Z: 1.04
Beneish M: −1.88
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 33.61

Total sells 1.28

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	2	—	1	—	—	—	—	—
Sell	1	2	—	—	—	—	—	—	—	—	—	—

Insider Ownership 64.95%

Capital & Financial Ratios $m

Market Cap 3,110.00

Revenue 4,782.00

Net Income 122.00

Free Cash Flow 311.00

Net Debt 4,155.00

Current Ratio 1.21

Debt/Equity 2.60

P/E ratio 62.59

Fwd P/E 19.10

P/S ratio 1.31

P/B ratio 3.60

Past 5Y EPS Growth —

This Y EPS Growth 0.63%

Next Y EPS Growth 18.06%

Next Y revenue growth 22.42%

Next 5Y EPS Growth 12.38%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 87.88%

10-year low 10-year high

P/S against its own 10 years 12.63%

10-year low 10-year high

P/B against its own 10 years 8.91%

10-year low 10-year high

EV/Sales against its own 10 years 35.19%

10-year low 10-year high

EV/FCF against its own 10 years 70.89%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

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%

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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.01)	0.08	—	—	—
’25	0.11	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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	30.00	48.58	29.39	42.91	55.87	61.23	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	75.45	104.11	66.86	76.51	116.85	127.50
People
People	Employees	—	—	—	738	1,311	1,753	2,300	3,030	4,000	6,300
	Revenue/emp, $m	—	—	0.00	0.99	0.58	0.78	0.87	0.85	0.83	0.66
Income, $m
Income, $m	Revenue	—	—	561	731	767	1,368	1,994	2,565	3,331	4,180
	Gross margin, %	—	—	25.10	23.71	23.18	20.36	23.59	26.82	29.21	34.16
	EBT	—	—	(59)	(55)	(114)	(77)	87	120	(1)	195
	EBT margin, %	—	—	(10.61)	(7.51)	(14.84)	(5.64)	4.36	4.68	(0.03)	4.67
	Net income	—	0	(55)	(57)	(111)	(74)	87	123	295	147
	Depreciation	—	—	75	69	90	110	157	242	306	456
Per share, $
Per share, $	Revenue	—	—	12.19	15.90	17.03	24.90	35.49	42.98	49.22	61.42
	Earnings	—	—	(1.19)	(1.23)	(0.43)	(0.89)	1.34	1.45	3.36	1.15
	Cash flow	—	—	0.55	0.17	0.09	0.05	4.90	5.80	7.39	9.32
	Capex	—	—	(0.12)	(0.36)	(0.64)	(1.37)	(1.86)	(2.31)	(2.56)	(3.44)
	Free cash flow	—	—	0.43	(0.19)	(0.56)	(1.31)	3.04	3.49	4.83	5.88
	Book value	—	—	0.00	(0.72)	14.88	7.28	8.56	14.55	15.04	28.61
	Shares, m	—	—	46	46	45	55	56	60	68	68
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	38.80	49.90	31.07	59.71
	P/S	—	—	0.00	0.00	4.43	2.33	1.48	1.71	2.11	1.03
	P/B	—	—	0.00	0.00	5.07	7.96	6.12	5.04	6.90	2.20
	EV/Sales	—	—	0.82	0.82	4.53	2.70	1.96	2.18	2.60	1.88
	EV/FCF	—	—	26.07	26.07	(138.95)	(51.23)	22.89	26.65	26.46	19.67
Cash, $m
Cash, $m	Operating cash flow	—	—	26	8	4	3	275	346	500	634
	Capex	—	—	(6)	(17)	(29)	(75)	(104)	(138)	(173)	(234)
	Free cash flow	—	—	20	(9)	(25)	(72)	171	208	327	400
Balance, $m
Balance, $m	Working capital	—	—	(28)	(23)	934	1,270	723	449	531	867
	Total debt	—	—	554	640	1,006	1,744	1,747	1,750	2,841	4,546
	Net debt	—	—	549	637	79	512	970	1,211	1,629	3,582
	Shareholders’ equity	—	—	—	(33)	670	400	481	868	1,018	1,947
Returns, %
Returns, %	ROA	—	—	0.00	(14.44)	(1.44)	(2.34)	3.07	2.89	5.46	1.15
	ROIC	—	—	(1.49)	(0.46)	(4.81)	(3.37)	4.08	3.46	5.83	3.97
	ROE	—	—	(1,385.00)	(1,397.53)	(5.78)	(9.01)	17.06	12.75	24.39	7.93

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WIX Wix.com Ltd.	$3.4B	— (loss-making)	— (loss-making)	+14.93% (above 0%: growing)	n/m	−64.35% (below 0%: shrinking)	65.77%	(10.44%)	Compare
AVPT AvePoint, Inc.	$3.2B	43.4×	42.5×	+22.03% (above 0%: growing)	+1,200.00% (above 0%: growing)	−25.04% (below 0%: shrinking)	73.10%	8.21%	Compare
APPN Appian Corporation	$3.1B	— (loss-making)	— (loss-making)	+19.11% (above 0%: growing)	n/m	+416.88% (above 0%: growing)	71.21%	(2.68%)	Compare
FOUR Shift4 Payments, Inc.	$3.1B	62.6×	19.1×	+34.06% (above 0%: growing)	−77.14% (below 0%: shrinking)	−109.09% (below 0%: shrinking)	34.44%	7.34%
PAGS PagSeguro Digital Ltd.	$3.1B	7.7×	5.3×	+12.61% (above 0%: growing)	+21.88% (above 0%: growing)	−67.14% (below 0%: shrinking)	53.43%	38.71%	Compare
TCGL TechCreate Group Ltd.	$3.1B	—	—	—	—	—	—	—	Compare
TDC Teradata Corporation	$2.9B	6.2×	7.8×	+0.49% (above 0%: growing)	+444.44% (above 0%: growing)	+169.23% (above 0%: growing)	59.27%	11.71%	Compare
CLBT Cellebrite DI Ltd.	$2.9B	46.0×	46.1×	+15.77% (above 0%: growing)	−62.50% (below 0%: shrinking)	−79.43% (below 0%: shrinking)	80.78%	5.30%	Compare
NTCT NetScout Systems, Inc.	$2.8B	22.8×	29.6×	+12.68% (above 0%: growing)	n/m	−38.15% (below 0%: shrinking)	78.86%	6.88%	Compare
Median of peers	$3.1B	22.8×	29.6×	+14.93%	+233.16%	−38.15%	71.21%	6.88%

All 173 Software Infrastructure stocks →

Shift4 Payments, Inc. (FOUR) key facts

Strength: Shift4 Payments, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 25.5% from fiscal 2024.
Shift4 Payments, Inc. (FOUR) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, FOUR traded at $39.43, a market capitalization of $3.1 billion.
Return on equity was 7.93% and debt-to-equity 2.60.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.04 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.