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

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's Cost of Revenue at $729.0 million in Q1 2026, $739.1 million in Q4 2025, and $747.9 million in Q3 2025.