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

Shift4 Payments has reported Cost of Revenue for 8 years, with the latest figure at $729.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 23.35% year-over-year to $729.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.9 billion (up 18.95% YoY), and the FY2025 full-year result was $2.8 billion, up 16.71% from the prior year.
• Cost of Revenue for Q1 2026 stood at $729.0 million, down from $739.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $747.9 million in Q3 2025, with the low at $317.3 million in Q1 2022.
• Historically, Cost of Revenue has averaged $543.5 million across 5 years, with a median of $519.6 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 69.23% — and 2025, when it increased 13.19%.
• Shift4 Payments' Cost of Revenue stood at $393.6 million in 2022, then grew by 29.62% to $510.2 million in 2023, then advanced by 17.86% to $601.3 million in 2024, then advanced by 22.92% to $739.1 million in 2025, then declined by 1.37% to $729.0 million in 2026.
• The last three Cost of Revenue figures came in at $729.0 million (Q1 2026), $739.1 million (Q4 2025), and $747.9 million (Q3 2025), per Business Quant data.