SHIFT4 PAYMENTS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $119.0M | $230.0M | $86.0M | $75.1M | $-48.2M | $-18.4M | $-56.6M | $-55.4M |
| Depreciation & Amortization | $432.0M | $297.0M | $215.0M | $149.1M | $104.4M | $84.2M | $62.6M | $70.8M |
| Depreciation | — | — | — | — | $5.4M | $5.2M | $3.8M | $3.5M |
| Amortization | — | — | — | — | $55.7M | $53.5M | $48.6M | $52.5M |
| Stock-Based Compensation | $82.0M | $65.0M | $57.0M | $49.6M | $40.8M | $66.2M | $0 | — |
| Net Cash from Operating Activities | $634.0M | $500.0M | $346.0M | $275.4M | $3.0M | $4.0M | $8.0M | $25.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.0M | $7.0M | $14.0M | $8.0M | $8.2M | $4.8M | $8.2M | $1.6M |
| Business Acquisitions | $2.75B | $555.0M | $170.0M | $135.3M | $54.5M | $49.8M | $60.2M | $1.5M |
| Net Cash from Investing Activities | $-3.00B | $-691.0M | $-302.0M | $-516.8M | $-170.5M | $-82.7M | $-80.1M | $-41.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $453.0M | $146.0M | $105.0M | $185.9M | $19.5M | $0 | $0 | — |
| Net Cash from Financing Activities | $2.06B | $929.0M | $-110.0M | $-214.6M | $471.2M | $1.00B | $71.0M | $11.3M |
| Net Change in Cash | $-254.0M | $717.0M | $-55.0M | $-455.0M | $303.7M | $924.1M | $-1.1M | $-4.6M |
| Free Cash Flow | $624.0M | $493.0M | $332.0M | $267.4M | $-5.2M | $-800.0K | $-200.0K | $23.9M |