FOUR
$40.46+1.74%
Shift4 Payments Inc.Stock · TechnologyRussell 3000 · 0.005% of IWVRussell 1000 · 0.004% of IWBUS Stock Market · 0.004% of VTI
FOUR financial statements
The full income statement, balance sheet, and cash-flow statement for Shift4 Payments Inc. (FOUR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2021-03 80.9M2021-06 82.9M2021-09 82.9M2022-12 3.9M2023-12 1.9M2024-12 1.7M2025-12 1.3M2026-03 79.3M2026-06 79.0M-2.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.18B+25.5% | 3.33B+29.9% | 2.56B+28.7% | 1.99B+45.8% | 1.37B+78.3% | ||
| Lease income | — | — | — | 18.3M+8.9% | 16.8M | |
| — | — | — | — | 278M+56.6% | ||
| Cost of revenue | — | — | — | — | 1.09B+84.9% | |
| — | — | — | — | 328M+39.2% | ||
| Research & development | 6.00M+50.0% | 4.00M+300.0% | 1.00M+100.0% | 500K-72.2% | 1.80M+50.0% | |
| Selling, general & administrative | 682M+48.6% | 459M+39.5% | 329M+23.0% | 267M+21.8% | 220M+17.7% | |
| General & administrative | 682M+48.6% | 459M+39.5% | 329M+23.0% | 267M+21.8% | 220M+17.7% | |
| Restructuring | — | — | — | — | 200K-50.0% | |
| Amortization of intangibles | — | — | — | — | 55.7M+4.1% | |
| Provision for credit losses | 16.0M+128.6% | 7.00M-22.2% | 9.00M-10.0% | 10.0M-11.5% | 11.3M+46.8% | |
| Operating income | 351M+42.1% | 247M+114.8% | 115M+21.4% | 94.7M+292.5% | -49.2M+14.6% | |
| Interest expense | 190M+206.5% | 62.0M+93.1% | 32.1M-1.2% | 32.5M+16.1% | 28.0M-30.3% | |
| Interest & investment income | 59.0M+73.5% | 34.0M+6.3% | 32.0M+196.3% | 10.8M | 0.00 | |
| Other non-operating income | -9.00M-550.0% | 2.00M+150.0% | -4.00M-900.0% | 500K+400.0% | 100K-83.3% | |
| Pre-tax income | 195M+19600.0% | -1.00M-100.8% | 120M+38.1% | 86.9M+212.7% | -77.1M+32.2% | |
| Income tax | 48.0M+116.2% | -296M-9766.7% | -3.00M-1600.0% | 200K+106.5% | -3.10M-29.2% | |
| 119M-48.3% | 230M+167.4% | 86.0M+14.5% | 75.1M+255.8% | -48.2M-162.0% | ||
| Net income to non-controlling interest | 28.0M-56.9% | 65.0M+75.7% | 37.0M+219.0% | 11.6M+145.0% | -25.8M+72.3% | |
| Preferred dividends | 40.0M | 0.00 | 0.00 | 0.00 | — | |
| Net income to common | 78.0M-65.8% | 228M+165.1% | 86.0M+14.5% | 75.1M+253.6% | -48.9M-152.1% | |
| Weighted-avg shares (basic) | 1.33M-20.1% | 1.67M-14.1% | 1.94M-49.7% | 3.86M | — | |
| Weighted-avg shares (diluted) | 1.33M-20.1% | 1.67M-14.1% | 1.94M-49.7% | 3.86M | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.18B+14.2% | 1.91B+65.6% | 1.15B+16.3% | 992M-31.8% | 1.45B+40.6% | ||
| Cash & equivalents | 964M-20.5% | 1.21B+166.4% | 455M-35.2% | 703M-43.0% | 1.23B+32.7% | |
| Accounts receivable | 742M+112.6% | 349M+35.9% | 257M+31.7% | 195M-5.3% | 206M+122.1% | |
| Inventory | — | 8.90M+161.8% | 3.40M-29.2% | 4.80M+37.1% | 3.50M+133.3% | |
| Prepaid expenses | 125M+145.1% | 51.0M+56.9% | 32.5M+111.0% | 15.4M+21.3% | 12.7M+10.4% | |
| Other current assets | — | — | — | 1.30M+160.0% | 500K-50.0% | |
| 8.71B+72.8% | 5.04B+48.8% | 3.39B+32.6% | 2.55B+9.0% | 2.34B+31.7% | ||
| Property, plant & equipment | — | — | 28.6M+28.3% | 22.3M+21.2% | 18.4M+21.9% | |
| Operating lease right-of-use | 67.0M+81.1% | 37.0M+62.3% | 22.8M+16.9% | 19.5M+5.4% | 18.5M | |
| Goodwill | 2.70B+85.7% | 1.46B+31.0% | 1.11B+51.2% | 735M+36.7% | 538M+12.7% | |
| Intangible assets | 3.01B+206.9% | 981M+18.2% | 830M+28.3% | 647M+243.1% | 189M+1.2% | |
| Deferred tax assets | 391M-1.5% | 397M | 0.00 | — | — | |
| Other non-current assets | 85.0M+174.2% | 31.0M-61.7% | 80.9M+642.2% | 10.9M+473.7% | 1.90M+216.7% | |
| Total non-current assets | — | — | — | 1.56B+75.7% | 889M+19.2% | |
| 1.31B-4.7% | 1.38B+95.8% | 704M+162.5% | 268M+46.0% | 184M+84.9% | ||
| Accounts payable | 679M+173.8% | 248M+21.2% | 205M+22.7% | 167M+37.7% | 121M+99.8% | |
| Accrued liabilities | — | — | — | 4.90M+2.1% | 4.80M+33.3% | |
| Deferred revenue | 13.0M-18.8% | 16.0M-22.3% | 20.6M+26.4% | 16.3M+8.7% | 15.0M+92.3% | |
| Short-term & current debt | 10.0M-98.5% | 687M | 0.00 | — | 0.00-100.0% | |
| Current lease liability | 17.0M+54.5% | 11.0M+41.0% | 7.80M+47.2% | 5.30M+10.4% | 4.80M | |
| Other current liabilities | — | — | — | 5.10M-29.2% | 7.20M+71.4% | |
| 6.76B+67.9% | 4.02B+59.7% | 2.52B+21.5% | 2.07B+6.7% | 1.94B+75.1% | ||
| Long-term debt | 4.54B+110.6% | 2.15B+23.1% | 1.75B+0.5% | 1.74B+0.2% | 1.74B+72.9% | |
| Deferred revenue (non-current) | — | — | — | 2.80M+16.7% | 2.40M | |
| Non-current lease liability | 53.0M+82.8% | 29.0M+54.3% | 18.8M+3.9% | 18.1M+1.1% | 17.9M | |
| Operating lease liability (total) | 70.0M+73.7% | 40.3M+51.5% | 26.6M+13.7% | 23.4M+3.1% | 22.7M | |
| Deferred tax liabilities | 471M+672.1% | 61.0M+112.5% | 28.7M+54.3% | 18.6M+6100.0% | 300K-89.3% | |
| Other non-current liabilities | 36.0M-7.7% | 39.0M+178.6% | 14.0M-47.2% | 26.5M+1004.2% | 2.40M+41.2% | |
| Total non-current liabilities | — | — | — | 1.81B+2.6% | 1.76B+74.2% | |
| 1.44B+78.7% | 807M+23.5% | 653M+88.1% | 347M+27.3% | 273M-40.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 889M-16.4% | 1.06B+7.8% | 986M+40.3% | 703M+13.5% | 619M-16.1% | |
| Retained earnings | -467M-104.8% | -228M+34.2% | -347M+4.6% | -364M-11.8% | -325M-16.7% | |
| Treasury stock | — | — | — | 0.00-100.0% | 21.1M | |
| Accumulated other comprehensive income | 47.0M+267.9% | -28.0M-298.6% | 14.1M+69.9% | 8.30M | 0.00 | |
| Non-controlling interest | 505M+139.3% | 211M-1.9% | 215M+61.4% | 133M+5.0% | 127M-39.7% | |
| Total equity incl. non-controlling | 1.95B+91.3% | 1.02B+17.1% | 869M+80.7% | 481M+20.3% | 400M-40.3% | |
| Total liabilities & equity | 8.71B+72.8% | 5.04B+48.8% | 3.39B+32.6% | 2.55B+9.0% | 2.34B+31.7% | |
| Shares outstanding (cover) | 81.2M | — | — | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 634M+26.8% | 500M+44.5% | 346M+25.6% | 275M+9080.0% | 3.00M-25.0% | ||
| Depreciation & amortization | 432M+45.5% | 297M+38.1% | 215M+44.2% | 149M+42.8% | 104M+24.0% | |
| Intangible amortization | — | — | — | — | 55.7M+4.1% | |
| Share-based compensation | 82.0M+26.2% | 65.0M+14.0% | 57.0M+14.9% | 49.6M+21.6% | 40.8M-38.4% | |
| Deferred income taxes | 7.00M+102.2% | -322M-3925.0% | -8.00M-281.0% | -2.10M+16.0% | -2.50M-92.3% | |
| Change in receivables | -5.00M-106.7% | 75.0M+41.5% | 53.0M+1392.7% | -4.10M-103.4% | 121M+525.4% | |
| Change in inventory | — | -8.30M-15.3% | -7.20M-157.1% | -2.80M-55.6% | -1.80M-50.0% | |
| Change in payables | 4.00M-84.0% | 25.0M+66.7% | 15.0M-59.8% | 37.3M-34.0% | 56.5M+2925.0% | |
| -3.00B-333.9% | -691M-128.8% | -302M+41.6% | -517M-203.1% | -171M-106.2% | ||
| Capital expenditure | 10.0M+42.9% | 7.00M-50.0% | 14.0M+75.0% | 8.00M-2.4% | 8.20M+70.8% | |
| Free cash flow | 624M+26.6% | 493M+48.5% | 332M+24.2% | 267M+5242.3% | -5.20M-550.0% | |
| Acquisitions | 2.75B+394.6% | 555M+226.5% | 170M+25.6% | 135M+148.3% | 54.5M+9.4% | |
| Purchases of investments | 3.00M | 0.00 | 0.00-100.0% | 1.50M-95.1% | 30.5M | |
| Sales/maturities of investments | 3.00M-97.6% | 126M+740.0% | 15.0M | 0.00 | 0.00 | |
| 2.06B+121.2% | 929M+944.5% | -110M+48.7% | -215M-145.5% | 471M-53.0% | ||
| Long-term debt issued | 2.83B+157.5% | 1.10B | 0.00 | 0.00-100.0% | 633M-44.5% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 88.0M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 453M+210.3% | 146M+39.0% | 105M-43.5% | 186M+853.3% | 19.5M | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -1.00M+80.0% | -5.00M | 0.00 | 0.00 | — | |
| FX effect on cash | 55.0M+361.9% | -21.0M-290.9% | 11.0M+1000.0% | 1.00M | 0.00 | |
| Net change in cash | -254M-135.4% | 717M+1403.6% | -55.0M+87.9% | -455M-249.8% | 304M-67.1% | |
| Interest paid | 165M+587.5% | 24.0M+0.0% | 24.0M-1.6% | 24.4M+16.7% | 20.9M-46.7% | |
| Income taxes paid | 63.0M+350.0% | 14.0M+180.0% | 5.00M+614.3% | 700K+75.0% | 400K-50.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 84.0M-51.5% | 173M | — | — | 4.91B-19.2% | |
| P/E | 0.7×-6.3% | 0.8×-80.3% | 3.8× | — | — | |
| P/S | 0.0×-61.4% | 0.1× | — | — | 4.2×-47.5% | |
| P/B | 0.1×-72.9% | 0.2× | — | — | 16.4×+24.4% | |
| P/FCF | 0.1×-61.7% | 0.4× | — | — | — | |
| Earnings yield | 141.7%+6.7% | 132.8%+408.0% | 26.1% | — | — | |
| FCF yield | 743.0%+161.0% | 284.7% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K/A |
About this data
Source: FOUR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FOUR filings on SEC EDGAR → Not investment advice.