Shift4 Payments (FOUR) Cash from Operations (2019 - 2026)
Shift4 Payments' Cash from Operations was $63 million in Q2 2026, down 55.6% from $142 million a year earlier and down 53.0% from the prior quarter.
Shift4 Payments (FOUR) Cash from Operations (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shift4 Payments' Cash from Operations was $593 million through Jun 30, 2026, up 16.0% year-over-year; for FY2025, it came in at $634 million, up 26.8% from FY2024.
- Cash from Operations has now increased for three consecutive years, with a five-year compound annual growth rate of 175.4% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $500 million in FY2024 (+44.5%), $346 million in FY2023 (+25.6%), $275.4 million in FY2022 and $3 million in FY2021 (-25.0%).
- Quarterly Cash from Operations has moved between -$3.3 million (Q4 2021) and $223.7 million (Q4 2025) over five years.
- Compared with a year earlier, Cash from Operations was higher in six of the last eight quarters, with growth averaging 27.7%.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2022 (growth of 365.0%); the worst was Q2 2026 (a decline of 55.6%).
- Per Business Quant data, FOUR's Cash from Operations in the three quarters before Q2 2026 was $134 million (Q1 2026), $223.7 million (Q4 2025) and $172.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 197.31 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 1.98 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 1.02 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 1.81 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 1.47 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 1.48 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 662.62 Mn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 29.01 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 283.89 Mn |
| 10 | Shift4 Payments | 5.76 Bn | 2.57 Bn | 446.00 Mn | 63.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.00 Mn |
| Mar 31, 2026 | 134.00 Mn |
| Dec 31, 2025 | 223.70 Mn |
| Sep 30, 2025 | 172.30 Mn |
| Jun 30, 2025 | 142.00 Mn |
| Mar 31, 2025 | 96.00 Mn |
| Dec 31, 2024 | 130.70 Mn |
| Sep 30, 2024 | 142.50 Mn |
| Jun 30, 2024 | 111.80 Mn |
| Mar 31, 2024 | 115.00 Mn |
| Dec 31, 2023 | 63.00 Mn |
| Sep 30, 2023 | 111.70 Mn |
| Jun 30, 2023 | 91.90 Mn |
| Mar 31, 2023 | 79.40 Mn |
| Dec 31, 2022 | 139.50 Mn |
| Sep 30, 2022 | 65.10 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 30.80 Mn |
| Dec 31, 2021 | -3.30 Mn |
| Sep 30, 2021 | 14.00 Mn |
Shift4 Payments Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=FOUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "FOUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();