Shift4 Payments (FOUR-PA) Cost of Revenue (2019 - 2026)
Shift4 Payments filings provide 7 years of Cost of Revenue readings, the most recent being $739.1 million for Q4 2025.
- On a quarterly basis, Cost of Revenue rose 22.92% to $739.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $2.8 billion, a 16.71% increase, with the full-year FY2025 number at $2.8 billion, up 16.71% from a year prior.
- Cost of Revenue hit $739.1 million in Q4 2025 for Shift4 Payments, down from $747.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $747.9 million in Q3 2025 to a low of $187.5 million in Q1 2021.
- Median Cost of Revenue over the past 5 years was $482.6 million (2023), compared with a mean of $480.0 million.
- Biggest five-year swings in Cost of Revenue: skyrocketed 147.64% in 2021 and later grew 13.19% in 2025.
- Shift4 Payments' Cost of Revenue stood at $315.3 million in 2021, then rose by 24.83% to $393.6 million in 2022, then rose by 29.62% to $510.2 million in 2023, then grew by 17.86% to $601.3 million in 2024, then grew by 22.92% to $739.1 million in 2025.
- The last three reported values for Cost of Revenue were $739.1 million (Q4 2025), $747.9 million (Q3 2025), and $673.7 million (Q2 2025) per Business Quant data.