NYSE$FOUR
Shift4 Payments Inc · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Shift4 reported Q4 2025 gross revenue less network fees of $610M, net income of $53M, and non-GAAP EPS of $1.60.
Q4 2025 gross revenue less network fees (GRLNF) was $610 million (+51% YoY) on payment volume of $59 billion (+23%). Net income was $53 million with GAAP diluted EPS of $0.36 and non-GAAP EPS of $1.60; adjusted EBITDA was $304 million at a 50% margin. Gross revenue was $1.189 billion (+34%).
- GRLNF $610M (+51% YoY); volume $59B (+23%).
- Net income $53M; non-GAAP EPS $1.60.
- Adjusted EBITDA $304M at 50% margin.
- FY 2026 GRLNF and volume guidance issued.
Headline financials
Revenue & EPS history
Shift4 · Revenue · Quarterly
$610M
Forward guidance
FY 2026 GRLNF $2.50B–$2.60B, volume $240B–$260B, adjusted EBITDA $1.165B–$1.215B.
Tailwinds
- Vertical software and payments integration scaling.
- Strong adjusted EBITDA conversion.
Headwinds
- GAAP EPS below non-GAAP on acquisition amortization.
- Integration of Finaro/Appetize and competition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+3.7%
Avg return
Earnings day
+4.6%
Avg return
5 days after
+5.2%
Avg return
30 days after
61%
14 / 23 earnings
Positive
+21.7%
Q4 2022
Best reaction
-17.5%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.1% | -4.9% | -11.3% | |
| Q4 2025 | -15.5% | -13.0% | -22.5% | |
| Q3 2025 | -1.0% | +6.3% | +2.6% | |
| Q1 2025 | +12.8% | +3.4% | +16.2% | |
| Q4 2024 | -17.5% | -22.8% | -29.5% | |
| Q3 2024 | -3.4% | -7.5% | -4.2% | |
| Q2 2024 | +12.4% | +19.7% | +19.2% | |
| Q1 2024 | +2.9% | +0.6% | +15.3% | |
| Q4 2023 | +18.0% | +14.8% | -9.2% | |
| Q3 2023 | +16.5% | +23.5% | +41.4% | |
| Q2 2023 | +1.1% | +1.7% | -9.4% | |
| Q1 2023 | -10.8% | -6.4% | -0.3% | |
| Q4 2022 | +21.7% | +26.7% | +27.8% | |
| Q3 2022 | -0.4% | +17.8% | +13.4% | |
| Q2 2022 | +10.7% | +12.6% | +5.6% | |
| Q1 2022 | -1.0% | +0.6% | -9.9% | |
| Q4 2021 | -7.2% | -16.5% | +17.6% | |
| Q3 2021 | +14.4% | +20.8% | -6.3% | |
| Q2 2021 | +4.9% | -1.0% | -0.3% | |
| Q1 2021 | -8.3% | -12.2% | -0.2% | |
| Q4 2020 | +12.8% | +15.1% | +22.5% | |
| Q3 2020 | +0.9% | +11.1% | +15.8% | |
| Q2 2020 | +12.5% | +15.1% | +25.7% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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