Shift4 Payments, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.2B | $3.3B | $2.6B | $2.0B | $1.4B |
| Cost of revenue | — | — | — | — | $1.1B |
| Gross profit | — | — | — | — | $278.4M |
| Research and development | $6.0M | $4.0M | $1.0M | $500,000 | $1.8M |
| Operating expenses | — | — | — | — | $327.6M |
| Operating income | $351.0M | $247.0M | $115.0M | $94.7M | -$49.2M |
| Interest expense | $190.0M | $62.0M | $32.1M | $32.5M | $28.0M |
| Pretax income | $195.0M | -$1.0M | $120.0M | $86.9M | -$77.1M |
| Income tax expense | $48.0M | -$296.0M | -$3.0M | $200,000 | -$3.1M |
| Net income | $119.0M | $230.0M | $86.0M | $75.1M | -$48.2M |
| Balance Sheet | |||||
| Cash and equivalents | $964.0M | $1.2B | $455.0M | $702.5M | $1.2B |
| Current assets | $2.2B | $1.9B | $1.2B | $991.7M | $1.5B |
| Total assets | $8.7B | $5.0B | $3.4B | $2.6B | $2.3B |
| Current liabilities | $1.3B | $1.4B | $704.4M | $268.3M | $183.8M |
| Total liabilities | $6.8B | $4.0B | $2.5B | $2.1B | $1.9B |
| Total debt | $4.6B | $2.9B | $1.8B | $1.8B | $1.8B |
| Stockholders' equity | $1.4B | $807.0M | $653.3M | $347.3M | $272.8M |
| Cash Flow Statement | |||||
| Cash from operations | $634.0M | $500.0M | $346.0M | $275.4M | $3.0M |
| Depreciation and amortization | $432.0M | $297.0M | $215.0M | $149.1M | $104.4M |
| Stock-based compensation | $82.0M | $65.0M | $57.0M | $49.6M | $40.8M |
| Capital expenditure | $10.0M | $7.0M | $14.0M | $8.0M | $8.2M |
| Free cash flow | $624.0M | $493.0M | $332.0M | $267.4M | -$5.2M |
| Share repurchases | $453.0M | $146.0M | $105.0M | $185.9M | $19.5M |
Shares outstanding 79.3M · Free float 70.1%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.