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FOURShift4 Payments, Inc.
$51.38$3.6B
Overview & Verdict
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FOUR logoShift4 Payments, Inc.(FOUR)Earnings, Financials & Key Ratios

FOUR•NYSE
$51.38
47.6× P/E·Price updated Jul 6, 2026
SectorTechnologyIndustryInfrastructure SoftwareSub-IndustryPayments and fintech infrastructure
AboutShift4 Payments, Inc. provides integrated payment processing and technology solutions in the United States. It provides omni-channel card acceptance and processing solutions, including credit, debit, contactless card, Europay, Mastercard and visa, QR Pay, and mobile wallets, as well as alternative payment methods; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; reporting and analytical tools; and web-store design, hosting, shopping cart management, and fulfillment integration, as well as tokenization, payment device and chargeback management, fraud prevention, and gift card solutions. The company also offers VenueNext that provides mobile ordering, countertop POS, and self-service kiosk services, as well as digital wallet to facilitate food and beverage, merchandise, and loyalty for stadium and entertainment venues; and Shift4Shop, which offers eCommerce solutions, including website builder, shopping cart, product catalog, order management, marketing, search engine optimization, secure hosting, and mobile webstores. In addition, it provides Lighthouse, a cloud-based business intelligence tool that includes customer engagement, social media management, online reputation management, scheduling, and product pricing, as well as reporting and analytics; SkyTab, a hybrid-cloud-based integrated POS solution; SkyTab Mobile, a mobile payment solution; and marketplace technology for integrations into third-party applications. Further, the company offers merchant management, training and education, marketing management, and incentives tracking solutions. Additionally, it provides merchant underwriting, onboarding and activation, training, risk management, and support services; and software integrations and compliance management, and partner support and services. The company was founded in 1999 and is headquartered in Allentown, Pennsylvania.Show more
  • Revenue$4.18B+25.5%
  • EBITDA$783M+44.0%
  • Net Income$119M-48.2%
  • EPS (Diluted)1.08-64.4%
  • Gross Margin34.16%+16.9%
  • EBITDA Margin18.73%+14.8%
  • Operating Margin8.4%+13.2%
  • Net Margin2.85%-58.7%
  • ROE8%-67.1%

FOUR Price & Volume

Shift4 Payments, Inc. (FOUR) stock price & volume — 10-year historical chart

Loading chart...

Aggressive Inorganic Growth Strains Operational Profitability Metrics

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Expanding
Profitability:Strained
Financial:Strained
Cash Flow:Mixed
Primary Risk:High leverage and goodwill

Key Thesis Takeaways

  • Shift4 Payments demonstrates robust top-line momentum with 32.1% year-over-year revenue growth in 2026Q1, yet the firm's reliance on debt-funded acquisitions to drive scale appears to be masking underlying profitability challenges.
  • The company's aggressive capital allocation, including $316M in share repurchases during 2025Q4, combined with a $4.6B debt load, creates significant financial risk in a commoditized payment processing environment.
  • Investors should monitor whether the firm can achieve sustainable operating leverage, as current margins remain thin with a 1.3% net margin reported in 2026Q1.

Verdict Logic

while the forward P/E of 8.51 suggests potential value, the persistent negative retained earnings of $644M and high leverage warrant caution regarding long-term solvency.

FOUR Growth Metrics

Shift4 Payments, Inc. (FOUR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years40.37%
3 Years27.99%
TTM28.28%

Profit CAGR

10 Years-
5 Years-
3 Years16.58%
TTM-54.76%

EPS CAGR

10 Years-
5 Years-
3 Years0.94%
TTM-70.96%

Return on Capital

10 Years1.6%
5 Years4.09%
3 Years6.25%
Last Year6.35%

FOUR Recent Earnings

Shift4 Payments, Inc. (FOUR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.97-2.0%
$0.99
Rev
$549M-49.5%
$1.1B
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$1.60+1.9%
$1.57
Rev
$610M-1.3%
$618M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$1.47+0.7%
$1.46
Rev
$1.2B-2.3%
$1.2B
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$1.10-8.3%
$1.20
Rev
$966M-18.6%
$1.2B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.97vs $0.99-2.0%
$549Mvs $1.1B-49.5%
Q1 2026Feb 26, 2026
$1.60vs $1.57+1.9%
$610Mvs $618M-1.3%
Q4 2025Nov 6, 2025
$1.47vs $1.46+0.7%
$1.2Bvs $1.2B-2.3%
Q3 2025Aug 5, 2025
$1.10vs $1.20-8.3%
$966Mvs $1.2B-18.6%
Based on last 12 quarters of dataView full earnings history →

Latest FOUR News

Recent stock market news and headlines for Shift4 Payments, Inc. (FOUR)

Business Wire·4 days ago
Shift4 Announces Fifth Dividend Date for Mandatory Convertible Preferred Stock

CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 Payments, Inc. (“Shift4” or the “Company”) (NYSE: FOUR), announced today, in connection with the 10,000,000 shares of 6% Series A Mandatory Convertible Preferred Stock issued on May 5, 2025, consistent with the terms laid out in the offering, the Board of Directors has declared a dividend of $1.50 per share to be paid in cash on August 3, 2026 to holders of record as of the close of business on July 15, 2026. Subject to the terms of the Mandatory Conv.

Seeking Alpha·6 days ago
Shift4 Payments: Poised To Win As The Experience Economy Continues To Expand

Shift4 Payments has lost over half its value in the past year, yet I see a strong buy opportunity. FOUR reported Q4 2025 revenues of $1.12B, up 32.15% YoY, beating analyst expectations by $34.04M. EPS for the quarter was $0.97, exceeding consensus by $0.01, signaling robust operational performance.

The Motley Fool·6 days ago
Shift4 Payments vs. PayPal: Which FinTech Stock Is a Better Buy in 2026?

Shift4 Payments specializes in high-volume, complex payment environments like hotels and stadiums. PayPal remains a global leader in digital wallets with over 430 million active accounts.

Zacks Investment Research·Jun 29, 2026
Shift4 Payments (FOUR) Surges 8.8%: Is This an Indication of Further Gains?

Shift4 Payments (FOUR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Seeking Alpha·Jun 29, 2026
Shift4 Payments: Staying Bullish On Leading FinTech

Shift4 Payments (FOUR) is positioned as a leading integrated payments processor with strong niche market leadership and a diverse customer base. FOUR's Q1 results outperformed 2026 guidance, with volume up 24% yoy and international revenue up 51%, signaling underappreciated growth potential. Valuation remains attractive at ~8.5x forward earnings, with consensus 2027 EPS at $6.75 and potential upside to $7.40, implying 30-35% stock appreciation.

Peers Comparison

Key metrics vs top competitors for Shift4 Payments, Inc. (FOUR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FOUR logoFOURShift4 Payments, Inc.Current
$51.38$3.55B47.5725.5%2.85%8%0.66%
PAX logoPAXPatria Investments Limited
$11.15$1.78B20.652.56%22.33%14.36%—
PAYO logoPAYOPayoneer Global Inc.
$7.13$2.39B37.537.68%6.76%10.01%—
PRTH logoPRTHPriority Technology Holdings, Inc.
$7.07$582.25M10.408.33%5.85%——
FLYW logoFLYWFlywire Corporation
$18.33$2.19B166.6426.59%6.65%5.87%—
EVTC logoEVTCEVERTEC, Inc.
$28.80$1.77B13.0910.21%13.95%18.65%—

Compare FOUR vs Peers

Shift4 Payments, Inc. (FOUR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PAX

Most directly comparable listed peer for FOUR.

Scale Benchmark

vs V

Larger-name benchmark to compare FOUR against a more recognizable public peer.

Peer Set

Compare Top 5

vs PAX, PAYO, PRTH, FLYW

FOUR SEC Filings & Documents

Shift4 Payments, Inc. (FOUR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Mar 9, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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FOUR Frequently Asked Questions

Shift4 Payments, Inc. (FOUR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Shift4 Payments, Inc.'s revenue?

Shift4 Payments, Inc. (FOUR) reported $4.45B in revenue for fiscal year 2025. This represents a 694% increase from $560.6M in 2018.

How fast is Shift4 Payments, Inc. growing?

Shift4 Payments, Inc. (FOUR) grew revenue by 25.5% over the past year. This is strong growth.

Is FOUR profitable?

Yes, Shift4 Payments, Inc. (FOUR) is profitable, generating $102.1M in net income for fiscal year 2025 (2.8% net margin).

Dividend & Returns
Does FOUR pay dividends?

Yes, Shift4 Payments, Inc. (FOUR) pays a dividend with a yield of 0.66%. This makes it attractive for income-focused investors.

What is FOUR's return on equity?

Shift4 Payments, Inc. (FOUR) has a return on equity (ROE) of 8.0%. This is below average, suggesting room for improvement.

What is Shift4 Payments, Inc.'s free cash flow?

Shift4 Payments, Inc. (FOUR) generated $648.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in FOUR back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →