Shift4 Payments, Inc. (FOUR-PA) Cost of Revenue (2019 - 2026)
Shift4 Payments (FOUR-PA) posted Cost of Revenue of $729.0 million for Q1 2026, down 1.37% on a QoQ basis from $739.1 million in Q4 2025, and up 23.35% year-over-year from $591.0 million in Q1 2025.
Shift4 Payments, Inc. (FOUR-PA) Cost of Revenue (2019 - 2026) Analysis & Trends
Shift4 Payments' Cost of Revenue history runs 8 years deep, the most recent figure standing at $729.0 million for Q1 2026.
- Quarterly Cost of Revenue rose 23.35% year-over-year to $729.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 18.95% YoY) and the FY2025 annual result came in at $2.8 billion, up 16.71% from the prior year.
- Cost of Revenue was $729.0 million for Q1 2026 at Shift4 Payments, down from $739.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $747.9 million in Q3 2025 and bottomed at $317.3 million in Q1 2022.
- A 5-year average of $543.5 million and a median of $519.6 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 69.23% — and 2025, when it advanced 13.19%.
- Shift4 Payments' Cost of Revenue stood at $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, then retreated by 1.37% to $729.0 million in 2026.
- Business Quant data shows FOUR-PA's Cost of Revenue at $729.0 million in Q1 2026, $739.1 million in Q4 2025, and $747.9 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 729.00 Mn |
| Mar 31, 2026 | 729.00 Mn |
| Dec 31, 2025 | 739.10 Mn |
| Dec 31, 2025 | 739.10 Mn |
| Sep 30, 2025 | 747.90 Mn |
| Sep 30, 2025 | 747.90 Mn |
| Jun 30, 2025 | 673.70 Mn |
| Jun 30, 2025 | 673.70 Mn |
| Mar 31, 2025 | 591.00 Mn |
| Mar 31, 2025 | 591.00 Mn |
| Dec 31, 2024 | 601.30 Mn |
| Dec 31, 2024 | 601.30 Mn |
| Sep 30, 2024 | 641.90 Mn |
| Sep 30, 2024 | 641.90 Mn |
| Jun 30, 2024 | 595.20 Mn |
| Jun 30, 2024 | 595.20 Mn |
| Mar 31, 2024 | 519.60 Mn |
| Mar 31, 2024 | 519.60 Mn |
| Dec 31, 2023 | 510.20 Mn |
| Dec 31, 2023 | 510.20 Mn |