Shift4 Payments, Inc. (FOUR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.12B | 1.19B | 1.18B | 966.2M | 848.3M | 887M | 909.2M | 827M | 707.4M | 705.4M | 675.4M | 637M | 547M | 537.7M | 547.3M | 506.7M | 401.9M | 399.4M | 377.8M | 351M |
| Revenue Growth % | 32.15% | 34.05% | 29.44% | 16.83% | 19.92% | 25.74% | 34.62% | 29.83% | 29.32% | 31.19% | 23.41% | 25.72% | 36.1% | 34.63% | 44.87% | 44.36% | 67.95% | 89.38% | 75.88% | 147.53% |
| Cost of Goods Sold | 729M | 739M | 747.9M | 673.7M | 591.3M | 600.8M | 641.9M | 595.2M | 519.6M | 510.2M | 495.1M | 470.1M | 401.6M | 393.6M | 411.6M | 400.9M | 317.3M | 315.3M | 313.4M | 272.9M |
| COGS % of Revenue | 65.03% | 62.15% | 63.55% | 69.73% | 69.7% | 67.73% | 70.6% | 71.97% | 73.45% | 72.33% | 73.3% | 73.8% | 73.42% | 73.2% | 75.21% | 79.12% | 78.95% | 78.94% | 82.95% | 77.75% |
| Gross Profit | 392M | 450M | 429M | 292.5M | 257M | 286.2M | 267.3M | 231.8M | 187.8M | 195.2M | 180.3M | 166.9M | 145.4M | 144.1M | 135.7M | 105.8M | 84.6M | 84.1M | 64.4M | 78.1M |
| Gross Margin % | 34.97% | 37.85% | 36.45% | 30.27% | 30.3% | 32.27% | 29.4% | 28.03% | 26.55% | 27.67% | 26.7% | 26.2% | 26.58% | 26.8% | 24.79% | 20.88% | 21.05% | 21.06% | 17.05% | 22.25% |
| Gross Profit Growth % | 52.53% | 57.23% | 60.49% | 26.19% | 36.85% | 46.62% | 48.25% | 38.89% | 29.16% | 35.46% | 32.87% | 57.75% | 71.87% | 71.34% | 110.71% | 35.47% | 63.32% | 63.94% | 25.05% | 147.15% |
| Operating Expenses | 342M | 322M | 314.4M | 209.4M | 231.6M | 200.2M | 186.9M | 172.6M | 166.4M | 167.8M | 135.6M | 133M | 136.6M | 114.1M | 82.2M | 82.8M | 96.3M | 89.1M | 69.9M | 73.2M |
| OpEx % of Revenue | 30.51% | 27.08% | 26.71% | 21.67% | 27.3% | 22.57% | 20.56% | 20.87% | 23.52% | 23.79% | 20.08% | 20.88% | 24.97% | 21.22% | 15.02% | 16.34% | 23.96% | 22.31% | 18.5% | 20.85% |
| Selling, General & Admin | 248M | 238M | 231.4M | 152.7M | 179.3M | 143.7M | 133.8M | 125.6M | 119.5M | 105M | 86.7M | 91.5M | 94.3M | 81.5M | 90.1M | 66.1M | 77.6M | 72.8M | 54.9M | 57.7M |
| SG&A % of Revenue | 22.12% | 20.02% | 19.66% | 15.8% | 21.14% | 16.2% | 14.72% | 15.19% | 16.89% | 14.89% | 12.84% | 14.36% | 17.24% | 15.16% | 16.46% | 13.05% | 19.31% | 18.23% | 14.53% | 16.44% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 0 | 0 | 0 | 1.8M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.09% | - | - | - | 0.45% | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 50M | 128M | 114.6M | 83.1M | 25.4M | 86M | 80.4M | 59.2M | 21.4M | 27.4M | 44.7M | 33.9M | 8.8M | 30M | 53.5M | 22.9M | -11.7M | -5M | -5.6M | 4.9M |
| Operating Margin % | 4.46% | 10.77% | 9.74% | 8.6% | 2.99% | 9.7% | 8.84% | 7.16% | 3.03% | 3.88% | 6.62% | 5.32% | 1.61% | 5.58% | 9.78% | 4.52% | -2.91% | -1.25% | -1.48% | 1.4% |
| Operating Income Growth % | 96.85% | 48.84% | 42.54% | 40.37% | 18.69% | 213.87% | 79.87% | 74.63% | 143.18% | -8.67% | -16.45% | 48.03% | 175.21% | 700% | 1055.36% | 367.35% | 73.1% | 9.09% | -43.59% | 108.63% |
| EBITDA | 185M | 262M | 239.7M | 171.5M | 110.6M | 169.5M | 157.7M | 128.9M | 87.5M | 89.3M | 99.8M | 83.9M | 56.4M | 77.5M | 89.5M | 52.8M | 17.4M | 22.6M | 20.2M | 30.6M |
| EBITDA Margin % | 16.5% | 22.04% | 20.37% | 17.75% | 13.04% | 19.11% | 17.34% | 15.59% | 12.37% | 12.66% | 14.78% | 13.17% | 10.31% | 14.41% | 16.35% | 10.42% | 4.33% | 5.66% | 5.35% | 8.72% |
| EBITDA Growth % | 67.27% | 54.57% | 52% | 33.05% | 26.4% | 89.81% | 58.02% | 53.64% | 55.14% | 15.23% | 11.51% | 58.9% | 224.14% | 242.92% | 343.07% | 72.55% | 195.6% | 21.51% | 25.47% | 179.07% |
| D&A (Non-Cash Add-back) | 135M | 134M | 125.1M | 88.4M | 85.2M | 83.5M | 77.3M | 69.7M | 66.1M | 61.9M | 55.1M | 50M | 47.6M | 47.5M | 36M | 29.9M | 29.1M | 27.6M | 25.8M | 25.7M |
| EBIT | 53M | 128M | 103.8M | 95.1M | 39.9M | 151.4M | -190M | 60.8M | 38M | 29.8M | 55.4M | 41.5M | 24.9M | 50.6M | 27.3M | 24.4M | -11.5M | -4.9M | -5.4M | 4.9M |
| Net Interest Income | -60M | -51M | -43.3M | -20.2M | -16.1M | -13.7M | -8.6M | -3.1M | -2.7M | -2.1M | 1.6M | 800K | -500K | -2M | -4.8M | -7M | -7.9M | -7.8M | -7.4M | -6.3M |
| Interest Income | 5M | 10M | 17.5M | 19.2M | 12.4M | 13.6M | 9.7M | 5M | 5.4M | 5.9M | 9.6M | 8.8M | 7.6M | 5.9M | 3.5M | 1.4M | 0 | 0 | 0 | 0 |
| Interest Expense | 65M | 61M | 60.8M | 39.4M | 28.5M | 27.3M | 18.3M | 8.1M | 8.1M | 8M | 8M | 8M | 8.1M | 7.9M | 8.3M | 8.4M | 7.9M | 7.8M | 7.4M | 6.3M |
| Other Income/Expense | -62M | -61M | -54.1M | -27.4M | -14M | 38.1M | -288.7M | -6.5M | 8.5M | -5.6M | 2.7M | -400K | 8M | 12.7M | -5.9M | -6.9M | -7.7M | -7.7M | -7.2M | -6.3M |
| Pretax Income | -12M | 67M | 60.5M | 55.7M | 11.4M | 124.1M | -208.3M | 52.7M | 29.9M | 21.8M | 47.4M | 33.5M | 16.8M | 42.7M | 47.6M | 16M | -19.4M | -12.7M | -12.8M | -1.4M |
| Pretax Margin % | -1.07% | 5.63% | 5.14% | 5.76% | 1.34% | 13.99% | -22.91% | 6.37% | 4.23% | 3.09% | 7.02% | 5.26% | 3.07% | 7.94% | 8.7% | 3.16% | -4.83% | -3.18% | -3.39% | -0.4% |
| Income Tax | -24M | 14M | 27.1M | 14.6M | -8.1M | -15.2M | -280.5M | -1.8M | 1.4M | 2.6M | 900K | -3.3M | -3.6M | 4.2M | 1.2M | 1M | -6.2M | 1M | 1M | -5.9M |
| Effective Tax Rate % | 200% | 20.9% | 44.79% | 26.21% | -71.05% | -12.25% | 134.66% | -3.42% | 4.68% | 11.93% | 1.9% | -9.85% | -21.43% | 9.84% | 2.52% | 6.25% | 31.96% | -7.87% | -7.81% | 421.43% |
| Net Income | 15M | 25M | 28.1M | 34M | 16.7M | 116M | 53.8M | 39.2M | 20.6M | 13.7M | 32.6M | 25.1M | 14.8M | 29.2M | 43.1M | 10.3M | -7.5M | -9.4M | -9.2M | 3.2M |
| Net Margin % | 1.34% | 2.1% | 2.39% | 3.52% | 1.97% | 13.08% | 5.92% | 4.74% | 2.91% | 1.94% | 4.83% | 3.94% | 2.71% | 5.43% | 7.88% | 2.03% | -1.87% | -2.35% | -2.44% | 0.91% |
| Net Income Growth % | -10.18% | -78.45% | -47.77% | -13.27% | -18.93% | 746.72% | 65.03% | 56.18% | 39.19% | -53.08% | -24.36% | 143.69% | 297.33% | 410.64% | 568.48% | 221.88% | 77.13% | 24.19% | -84% | 420% |
| Net Income (Continuing) | 12M | 53M | 33.4M | 41.1M | 19.5M | 139.3M | 72.2M | 54.5M | 28.5M | 19.2M | 46.5M | 36.8M | 20.4M | 38.5M | 46.4M | 15M | -13.2M | -13.7M | -13.8M | 4.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 127M | 515M | 562.3M | 398.1M | 210.8M | 211.1M | 236M | 258M | 221.3M | 215.1M | 140.8M | 122.7M | 134.6M | 133.3M | 118.3M | 83.9M | 129.7M | 126.9M | 137M | 151.6M |
| EPS (Diluted) | -0.01 | 0.37 | 0.14 | 0.32 | 0.20 | 1.43 | 0.60 | 0.58 | 0.30 | 0.21 | 0.55 | 0.42 | 0.18 | 0.46 | 0.53 | 0.13 | -0.13 | -0.18 | -0.17 | 0.06 |
| EPS Growth % | -106.81% | -74.15% | -76.67% | -44.83% | -33.43% | 581.62% | 9.09% | 38.1% | 66.67% | -54.35% | 3.77% | 223.08% | 238.46% | 355.56% | 411.76% | 120.34% | 79.03% | -111.61% | -41.67% | 328.68% |
| EPS (Basic) | -0.01 | 0.37 | 0.19 | 0.35 | 0.24 | 1.64 | 0.78 | 0.59 | 0.31 | 0.21 | 0.56 | 0.43 | 0.26 | 0.51 | 0.78 | 0.20 | -0.13 | -0.18 | -0.17 | 0.06 |
| Diluted Shares Outstanding | 73.64M | 67.42M | 90.68M | 89.26M | 90.7M | 89.85M | 89.36M | 67.25M | 67.66M | 64.77M | 59.43M | 60.24M | 84.48M | 83.42M | 81.45M | 82.52M | 56.69M | 55.81M | 55.81M | 54.24M |
| Basic Shares Outstanding | 73.64M | 67.42M | 67.8M | 67.8M | 69.15M | 69.96M | 68.45M | 66.13M | 66.14M | 63.92M | 58.3M | 58.98M | 57.48M | 57.04M | 55.15M | 51.79M | 56.69M | 55.81M | 55.81M | 54.24M |
| Dividend Payout Ratio | - | 60% | 51.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |