Shift4 Payments (FOUR-PA) Cost of Revenue (2019 - 2026)

Shift4 Payments (FOUR-PA) has reported Cost of Revenue for 8 consecutive years, with $729.0 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $729.0 million, up 23.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 18.95% YoY), and the FY2025 annual result was $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.
• Over five years, Cost of Revenue peaked at $747.9 million in Q3 2025 and troughed at $317.3 million in Q1 2022.
• Average Cost of Revenue over 5 years is $543.5 million, with a median of $519.6 million recorded in 2024.
• Year-over-year, Cost of Revenue soared 69.23% in 2022 and gained 13.19% in 2025.
• Over 5 years, Cost of Revenue stood at $393.6 million in 2022, then gained by 29.62% to $510.2 million in 2023, then increased by 17.86% to $601.3 million in 2024, then increased by 22.92% to $739.1 million in 2025, then decreased by 1.37% to $729.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $729.0 million in Q1 2026, $739.1 million in Q4 2025, and $747.9 million in Q3 2025.