8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $4.2B | $147M | 0.0% | 8.4% | $624M | $4.5B | $964M |
| 2024 | $3.3B | $295M | 0.0% | 7.4% | $493M | $2.8B | $1.2B |
| 2023 | $2.6B | $123M | 0.0% | 4.5% | $332M | $1.8B | $455M |
| 2022 | $2.0B | $87M | 0.0% | 4.8% | $267M | $1.8B | $703M |
| 2021 | $1.4B | -$48M | 20.4% | -3.6% | -$5M | $1.7B | $1.2B |
| 2020 | $767M | -$18M | 23.2% | -7.5% | -$800000 | $1.0B | $928M |
| 2019 | $731M | — | 23.7% | -0.6% | -$200000 | $657M | $4M |
| 2018 | $561M | — | 25.1% | -2.3% | $24M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1.1B | $15M | 0.0% | 4.5% | $128M | $4.5B | $473M |
| Dec '25 | $1.2B | $40M | 0.0% | 10.8% | $223M | $4.5B | $964M |
| Sep '25 | $1.2B | $28M | 0.0% | 9.7% | $165M | $4.7B | $1.5B |
| Jun '25 | $966M | $34M | 0.0% | 8.6% | $141M | $3.7B | $3.0B |
| Mar '25 | $848M | $17M | 0.0% | 2.9% | $95M | $2.8B | $1.2B |
| Dec '24 | $887M | $116M | 0.0% | 9.7% | $129M | $2.8B | $1.2B |
| Sep '24 | $909M | $54M | 0.0% | 8.8% | $141M | $2.8B | $1.4B |
| Jun '24 | $827M | $39M | 0.0% | 7.2% | $110M | $1.8B | $205M |
| Mar '24 | $707M | $21M | 0.0% | 3.0% | $114M | $1.8B | $523M |
| Dec '23 | $705M | $14M | 0.0% | 3.9% | $61M | $1.8B | $455M |
| Sep '23 | $675M | $33M | 0.0% | 6.6% | $107M | $1.7B | $692M |
| Jun '23 | $637M | $25M | 0.0% | 5.3% | $89M | $1.7B | $649M |
| Mar '23 | $547M | $15M | 0.0% | 1.6% | $77M | $1.7B | $744M |
| Dec '22 | $538M | $29M | 0.0% | 5.6% | $138M | $1.8B | $703M |
| Sep '22 | $547M | $43M | 0.0% | 9.8% | $60M | $1.8B | $673M |
| Jun '22 | $507M | $10M | 20.9% | 4.5% | $39M | $1.8B | $1.0B |
| Mar '22 | $402M | -$8M | 21.1% | -2.9% | $30M | $1.8B | $1.2B |
| Dec '21 | $399M | -$9M | 21.1% | -1.3% | -$5M | $1.7B | $1.2B |
| Sep '21 | $378M | -$9M | 17.0% | -1.5% | $0 | $1.7B | $1.3B |
| Jun '21 | $351M | $3M | 22.3% | 1.4% | $2M | $1.1B | $700M |
How the market has priced FOUR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Shift4 Payments, Inc.'s revenue has grown 40.4% per year. These are computed facts, not advice.
As of FY2025, Shift4 Payments, Inc. reported $4.5B of total debt against $964M of cash; operating income covered interest expense 1.8×.
In FY2025, gross margin was —, operating margin 8.4%, and net margin 3.5%.
As of Jun '26, Shift4 Payments, Inc. traded at a price-to-earnings ratio of about 23.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.