FOUR · XBRL financial data

Shift4 Payments financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (FOUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	767	1,368	1,994	2,565	3,331	4,180
Cost of goods and services sold	589	1,089	—	—	—	—
Gross profit	178	278	—	—	—	—
Research and development	1	2	1	1	4	6
General and administrative	180	220	267	329	460	682
Total operating expenses	235	328	—	—	—	—
Other operating income (expense)	12	0	0	—	—	—
Operating income (loss)	(58)	(49)	95	115	247	351
Interest income	0	0	11	32	34	59
Interest expense	40	28	33	32	62	190
Other income (expense)	1	0	1	(4)	2	(9)
Income tax expense (benefit)	(2)	(3)	0	(3)	(296)	48
Net income (loss)	(18)	(48)	75	86	230	119
Weighted average shares, basic millions of shares	—	—	4	2	2	1
Weighted average shares, diluted millions of shares	—	—	4	2	2	1

Fiscal years (FOUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	928	1,232	777	455	1,212	964
Accounts receivable	93	206	195	257	349	742
Inventory	2	4	5	3	9	—
Prepaid and other current assets	12	12	15	33	43	125
Total current assets	1,034	1,454	992	1,153	1,910	2,181
Property and equipment, net	15	18	22	29	—	—
Right-of-use asset	37	19	20	23	37	67
Goodwill	477	538	735	1,111	1,456	2,704
Total assets	1,779	2,343	2,554	3,388	5,041	8,713
Accounts payable	61	121	167	205	248	679
Accrued liabilities	4	5	5	—	—	—
Current portion of long-term debt	1	0	—	0	687	10
Total current liabilities	99	184	268	704	1,380	1,314
Total deposits	—	—	0	72	—	—
Long-term debt	1,005	1,739	1,742	1,750	2,154	4,536
Lease liability, non-current	0	18	18	19	29	53
Total liabilities	1,109	1,943	2,073	2,519	4,024	6,756
Accumulated deficit	(279)	(325)	(364)	(347)	(228)	(467)
Total stockholders' equity	460	273	347	653	807	1,442
Total liabilities and equity	1,779	2,343	2,554	3,388	5,041	8,713
Common shares outstanding (cover page) millions of shares	81	—	—	—	—	81

Fiscal years (FOUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(18)	(48)	75	86	230	119
Stock-based compensation	66	41	50	57	66	82
Depreciation and amortization	84	104	149	215	297	432
Net cash from operating activities	23	3	275	388	500	634
Purchases of property and equipment	5	8	8	14	7	10
Net cash from investing activities	(102)	(171)	(517)	(302)	(691)	(2,998)
Proceeds from issuing common stock	—	—	—	0	0	88
Share repurchases	21	20	186	105	146	453
Proceeds from long-term debt	1,140	633	0	0	1,100	2,832
Net cash from financing activities	1,003	471	(215)	(152)	929	2,055
Net change in cash	924	304	(455)	(55)	717	(254)

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Shift4 Payments	356	1,295	63*	79.0M	—	Q2 FY26 10-QJun 30, 2026
Lyft	1,138	1,844	350*	378.5M	—	Q2 FY26 10-QJun 30, 2026
ExlService Holdings	154	634	119*	150.8M	—	Q3 FY26 10-QSep 30, 2026
Maplebear	757	1,043	494*	231.5M	—	Q2 FY26 10-QJun 30, 2026
Healthequity	256	351	136*	82.7M	—	Q2 FY27 10-QJul 31, 2026
WEX	593	524	(11)*	32.9M	28.9 quarters	Q3 FY26 10-QSep 30, 2026
Etsy	2,066	692	160*	86.2M	—	Q3 FY26 10-QSep 30, 2026
Amentum Holdings	459	3,490	146*	244.5M	—	Q3 FY26 10-QJul 3, 2026
ADT	228	1,349	440*	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.