FOUR

Updated: Apr 30, 2026 12:41 AM

Shift4 Payments Inc

Market Cap: $4.63B P/S: 4x Ownership — Insider: 28.7% | Institutional: 99.8% | Retail: -28.5% TECHNOLOGY SOFTWARE - INFRASTRUCTURE

Shift4 Payments, Inc. provides integrated payment processing and technology solutions in the United States. The company is headquartered in Allentown, Pennsylvania.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        8/8 dates (100%)
  ✅ grossProfit                         8/8 dates (100%)
  ✅ netIncome                           8/8 dates (100%)

Plot for FOUR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -4.18B                 -2.09B                  0.00B                  2.09B                   4.18B
               |                      |                      |                      |                       |

  2018-12-31 |                                              |  0.56B
  2019-12-31 |                                              |  0.73B
  2020-12-31 |                                              |  0.77B
  2021-12-31 |                                              |  1.37B
  2022-12-31 |                                               |  1.99B
  2023-12-31 |                                               |  2.56B
  2024-12-31 |                                               |  3.33B
  2025-12-31 |                                               |  4.18B

               |                      |                      |                      |                       |
               -4.18B                 -2.09B                  0.00B                  2.09B                   4.18B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  researchAndDevelopment              6/8 dates (75%)
  ✅ sellingGeneralAndAdministrative     8/8 dates (100%)
  ✅ costofGoodsAndServicesSold          8/8 dates (100%)

Plot for FOUR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                  0.69B                  1.38B                  2.06B                   2.75B
               |                      |                      |                      |                       |

  2018-12-31 |  0.42B
  2019-12-31 |  0.56B
  2020-12-31 |  0.59B
  2021-12-31 |  1.09B
  2022-12-31 |  1.52B
  2023-12-31 |  1.88B
  2024-12-31 |  2.36B ⊗
  2025-12-31 |  2.75B ⊗

               |                      |                      |                      |                       |
               0.00B                  0.69B                  1.38B                  2.06B                   2.75B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         8/8 dates (100%)
  ✅ shortLongTermDebtTotal              8/8 dates (100%)
  ✅ operatingCashflow                   8/8 dates (100%)

Plot for FOUR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                  1.15B                  2.31B                  3.46B                   4.62B
               |                      |                      |                      |                       |

  2018-12-31 |  0.55B
  2019-12-31 |  0.64B
  2020-12-31 |  1.01B
  2021-12-31 |  1.76B
  2022-12-31 |  1.77B
  2023-12-31 |  1.78B
  2024-12-31 |  2.88B
  2025-12-31 |  4.62B

               |                      |                      |                      |                       |
               0.00B                  1.15B                  2.31B                  3.46B                   4.62B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   8/8 dates (100%)
  ✅ capitalExpenditures                 8/8 dates (100%)

Plot for FOUR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00M                 158.50M                317.00M                475.50M                 634.00M
               |                      |                      |                      |                       |

  2018-12-31 |  25.50M
  2019-12-31 |  26.70M
  2020-12-31 |  32.90M
  2021-12-31 |  85.50M
  2022-12-31 |  380.00M
  2023-12-31 |  388.30M
  2024-12-31 |  500.30M
  2025-12-31 |  634.00M

               |                      |                      |                      |                       |
               0.00M                 158.50M                317.00M                475.50M                 634.00M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         8/8 dates (100%)
  ✅ totalLiabilities                    8/8 dates (100%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for FOUR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -8.71B                 -4.36B                  0.00B                  4.36B                   8.71B
               |                      |                      |                      |                       |

  2018-12-31 |                                               |  0.74B
  2019-12-31 |                                              |  0.82B
  2020-12-31 |                                               |  1.78B
  2021-12-31 |                                               |  2.34B
  2022-12-31 |                                               |  2.55B
  2023-12-31 |                                               |  3.39B
  2024-12-31 |                                               |  5.04B
  2025-12-31 |                                               |  8.71B

               |                      |                      |                      |                       |
               -8.71B                 -4.36B                  0.00B                  4.36B                   8.71B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           8/8 dates (100%)
  ✅ shortLongTermDebtTotal              8/8 dates (100%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for FOUR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -4.62B                 -2.31B                  0.00B                  2.31B                   4.62B
               |                      |                      |                      |                       |

  2018-12-31 |                                              |  0.55B
  2019-12-31 |                                              |  0.64B
  2020-12-31 |                                              |  1.01B
  2021-12-31 |                                              |  1.76B
  2022-12-31 |                                               |  1.77B
  2023-12-31 |                                               |  1.78B
  2024-12-31 |                                               |  2.88B
  2025-12-31 |                                               |  4.62B

               |                      |                      |                      |                       |
               -4.62B                 -2.31B                  0.00B                  2.31B                   4.62B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for FOUR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -1.19B                 -0.59B                  0.00B                  0.59B                   1.19B
               |                      |                      |                      |                       |

  2019-12-31 |                                              |  0.20B
  2020-03-31 |                                              |  0.20B
  2020-06-30 |                                              |  0.14B
  2020-09-30 |                                              |  0.21B
  2020-12-31 |                                              |  0.21B
  2021-03-31 |                                              |  0.24B
  2021-06-30 |                                               |  0.35B
  2021-09-30 |                                              |  0.38B
  2021-12-31 |                                              |  0.40B
  2022-03-31 |                                              |  0.40B
  2022-06-30 |                                               |  0.51B
  2022-09-30 |                                               |  0.55B
  2022-12-31 |                                               |  0.54B
  2023-03-31 |                                               |  0.55B
  2023-06-30 |                                               |  0.64B
  2023-09-30 |                                               |  0.68B
  2023-12-31 |                                               |  0.71B
  2024-03-31 |                                               |  0.71B
  2024-06-30 |                                               |  0.83B
  2024-09-30 |                                               |  0.91B
  2024-12-31 |                                               |  0.89B
  2025-03-31 |                                               |  0.85B
  2025-06-30 |                                               |  0.97B
  2025-09-30 |                                               |  1.18B
  2025-12-31 |                                               |  1.19B

               |                      |                      |                      |                       |
               -1.19B                 -0.59B                  0.00B                  0.59B                   1.19B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE researchAndDevelopment              5/25 dates (20%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for FOUR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                 186.97M                373.95M                560.92M                 747.90M
               |                      |                      |                      |                       |

  2019-12-31 |  151.90M
  2020-03-31 |  156.00M ⊗
  2020-06-30 |  110.20M ⊗
  2020-09-30 |  163.30M ⊗
  2020-12-31 |  159.60M
  2021-03-31 |  187.50M ⊗
  2021-06-30 |  272.90M ⊗
  2021-09-30 |  313.40M ⊗
  2021-12-31 |  315.30M
  2022-03-31 |  317.30M ⊗
  2022-06-30 |  400.90M ⊗
  2022-09-30 |  411.60M ⊗
  2022-12-31 |  393.60M
  2023-03-31 |  401.60M ⊗
  2023-06-30 |  470.10M ⊗
  2023-09-30 |  495.10M ⊗
  2023-12-31 |  510.20M
  2024-03-31 |  519.60M ⊗
  2024-06-30 |  595.20M ⊗
  2024-09-30 |  641.90M ⊗
  2024-12-31 |  600.80M ⊗
  2025-03-31 |  591.30M ⊗
  2025-06-30 |  673.70M ⊗
  2025-09-30 |  747.90M ⊗
  2025-12-31 |  739.00M ⊗

               |                      |                      |                      |                       |
               0.00M                 186.97M                373.95M                560.92M                 747.90M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for FOUR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -4.79B                 -2.39B                  0.00B                  2.39B                   4.79B
               |                      |                      |                      |                       |

  2019-12-31 |                                              |  0.64B
  2020-03-31 |                                               |  0.71B
  2020-06-30 |                                              |  0.44B
  2020-09-30 |                                               |  0.44B
  2020-12-31 |                                               |  1.01B
  2021-03-31 |                                              |  1.12B
  2021-06-30 |                                               |  1.12B
  2021-09-30 |                                               |  1.74B
  2021-12-31 |                                               |  1.76B
  2022-03-31 |                                               |  1.76B
  2022-06-30 |                                               |  1.76B
  2022-09-30 |                                               |  1.76B
  2022-12-31 |                                               |  1.77B
  2023-03-31 |                                               |  1.77B
  2023-06-30 |                                               |  1.77B
  2023-09-30 |                                               |  1.77B
  2023-12-31 |                                               |  1.78B
  2024-03-31 |                                               |  1.78B
  2024-06-30 |                                               |  1.79B
  2024-09-30 |                                               |  2.87B
  2024-12-31 |                                               |  2.88B
  2025-03-31 |                                               |  2.88B
  2025-06-30 |                                               |  3.77B
  2025-09-30 |                                               |  4.79B
  2025-12-31 |                                               |  4.62B

               |                      |                      |                      |                       |
               -4.79B                 -2.39B                  0.00B                  2.39B                   4.79B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for FOUR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -287.50M               -143.75M                 0.00M                 143.75M                 287.50M
               |                      |                      |                      |                       |

  2019-12-31 |                                              |  -6.40M
  2020-03-31 |                                               |  9.70M
  2020-06-30 |                                              |  -3.00M
  2020-09-30 |                                               |  10.60M
  2020-12-31 |                                               |  15.40M
  2021-03-31 |                                              |  15.50M
  2021-06-30 |                                               |  17.60M
  2021-09-30 |                                               |  25.90M
  2021-12-31 |                                               |  26.50M
  2022-03-31 |                                               |  37.10M
  2022-06-30 |                                               |  47.90M
  2022-09-30 |                                               |  287.50M
  2022-12-31 |                                               |  139.50M
  2023-03-31 |                                               |  79.40M
  2023-06-30 |                                               |  91.90M
  2023-09-30 |                                               |  111.70M
  2023-12-31 |                                               |  105.30M
  2024-03-31 |                                               |  115.00M
  2024-06-30 |                                               |  116.10M
  2024-09-30 |                                               |  182.10M
  2024-12-31 |                                               |  145.40M
  2025-03-31 |                                               |  96.60M
  2025-06-30 |                                               |  141.90M
  2025-09-30 |                                               |  171.80M
  2025-12-31 |                                               |  224.00M

               |                      |                      |                      |                       |
               -287.50M               -143.75M                 0.00M                 143.75M                 287.50M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for FOUR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -8.99B                 -4.49B                  0.00B                  4.49B                   8.99B
               |                      |                      |                      |                       |

  2019-12-31 |                                              |  0.82B
  2020-03-31 |                                              |  0.88B
  2020-06-30 |                                               |  1.01B
  2020-09-30 |                                               |  1.12B
  2020-12-31 |                                               |  1.78B
  2021-03-31 |                                               |  1.81B
  2021-06-30 |                                               |  1.73B
  2021-09-30 |                                               |  2.36B
  2021-12-31 |                                               |  2.34B
  2022-03-31 |                                               |  2.43B
  2022-06-30 |                                               |  2.30B
  2022-09-30 |                                               |  2.49B
  2022-12-31 |                                               |  2.55B
  2023-03-31 |                                               |  2.61B
  2023-06-30 |                                               |  2.59B
  2023-09-30 |                                               |  2.65B
  2023-12-31 |                                               |  3.39B
  2024-03-31 |                                               |  3.41B
  2024-06-30 |                                               |  3.49B
  2024-09-30 |                                               |  5.05B
  2024-12-31 |                                               |  5.04B
  2025-03-31 |                                               |  5.00B
  2025-06-30 |                                               |  6.99B
  2025-09-30 |                                               |  8.99B
  2025-12-31 |                                               |  8.71B

               |                      |                      |                      |                       |
               -8.99B                 -4.49B                  0.00B                  4.49B                   8.99B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for FOUR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -4.79B                 -2.39B                  0.00B                  2.39B                   4.79B
               |                      |                      |                      |                       |

  2019-12-31 |                                              |  0.64B
  2020-03-31 |                                              |  0.71B
  2020-06-30 |                                              |  0.44B
  2020-09-30 |                                              |  0.44B
  2020-12-31 |                                              |  1.01B
  2021-03-31 |                                              |  1.12B
  2021-06-30 |                                               |  1.12B
  2021-09-30 |                                              |  1.74B
  2021-12-31 |                                              |  1.76B
  2022-03-31 |                                              |  1.76B
  2022-06-30 |                                               |  1.76B
  2022-09-30 |                                               |  1.76B
  2022-12-31 |                                               |  1.77B
  2023-03-31 |                                               |  1.77B
  2023-06-30 |                                               |  1.77B
  2023-09-30 |                                               |  1.77B
  2023-12-31 |                                               |  1.78B
  2024-03-31 |                                               |  1.78B
  2024-06-30 |                                               |  1.79B
  2024-09-30 |                                               |  2.87B
  2024-12-31 |                                               |  2.88B
  2025-03-31 |                                               |  2.88B
  2025-06-30 |                                               |  3.77B
  2025-09-30 |                                               |  4.79B
  2025-12-31 |                                               |  4.62B

               |                      |                      |                      |                       |
               -4.79B                 -2.39B                  0.00B                  2.39B                   4.79B

Price History

Volume

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