Shift4 Payments, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.18B | $3.33B | $2.57B | $1.99B | $1.37B | $766.9M | $731.4M | $560.6M |
| Cost of Revenue | $2.75B | $2.36B | $1.88B | $1.52B | $1.09B | $589.1M | $558.0M | $419.9M |
| Gross Profit | $1.43B | $973.0M | $688.0M | $470.2M | $278.4M | $177.8M | $173.4M | $140.7M |
| Gross Margin | 34.2% | 29.2% | 26.8% | 23.6% | 20.4% | 23.2% | 23.7% | 25.1% |
| Operating Expenses | ||||||||
| Research & Development | $6.0M | $4.0M | $1.0M | $500.0K | $1.8M | $1.2M | $1.6M | $1.6M |
| SG&A Expense | $682.0M | $459.0M | $329.0M | $267.4M | $219.5M | $186.5M | $117.1M | $79.8M |
| Operating Income | $351.0M | $247.0M | $115.0M | $94.7M | $-49.2M | $-57.6M | $-4.4M | $-13.1M |
| Operating Margin | 8.4% | 7.4% | 4.5% | 4.8% | -3.6% | -7.5% | -0.6% | -2.3% |
| Interest Expense | $15.0M | $9.0M | $32.1M | $32.5M | $28.0M | $40.2M | $51.5M | $47.0M |
| Pretax Income | $195.0M | $-1.0M | $120.0M | $86.9M | $-77.1M | $-113.8M | $-54.9M | $-59.5M |
| Income Tax Expense | $48.0M | $-296.0M | $-3.0M | $200.0K | $-3.1M | $-2.4M | $1.7M | $-4.1M |
| Net Income | $119.0M | $230.0M | $86.0M | $75.1M | $-48.2M | $-18.4M | $-56.6M | $-55.4M |
| Net Margin | 2.8% | 6.9% | 3.4% | 3.8% | -3.5% | -2.4% | -7.7% | -9.9% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 1.3M | 1.7M | 1.9M | 3.9M | — | 80.6M | — | — |
| Shares Outstanding (Diluted) | 1.3M | 1.7M | 1.9M | 3.9M | — | 80.6M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |