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

Shift4 Payments (FOUR) has reported Cost of Revenue for 8 consecutive years, with $849.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 25.96% year-over-year to $849.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.1 billion (up 22.2% YoY), and the FY2025 full-year result was $2.8 billion, up 16.71% from the prior year.
• Cost of Revenue rose to $849.0 million in Q2 2026 per FOUR's latest filing, from $729.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $849.0 million in Q2 2026 and bottomed at $317.3 million in Q1 2022.
• Historically, Cost of Revenue has averaged $560.5 million across 5 years, with a median of $555.3 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 69.23% in 2022, then gained 13.24% in 2025.
• Over 5 years, 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 climbed by 14.87% to $849.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $849.0 million, $729.0 million, and $739.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.