Shift4 Payments (FOUR) Gross Margin (2019 - 2026)
Shift4 Payments' (FOUR) quarterly Gross Margin came in at 34.44% in Q2 2026, up 421.0% on a YoY basis from 6.61% in Q2 2025, and down 1.51% quarter-over-quarter from 34.97% in Q1 2026.
Analysis
Shift4 Payments (FOUR) Gross Margin (2019 - 2026) Analysis & Trends
Shift4 Payments (FOUR) has reported Gross Margin for 8 consecutive years, with 34.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 421.0% year-over-year to 34.44%; the trailing twelve-month figure through Jun 2026 stood at 35.9% (up 537.0% YoY), and the FY2025 full-year result was 34.16%, up 495.0% from the prior year.
- Gross Margin declined to 34.44% in Q2 2026 per FOUR's latest filing, from 34.97% in the prior quarter.
- Across five years, Gross Margin topped out at 37.82% in Q4 2025 and bottomed at 20.88% in Q2 2022.
- Historically, Gross Margin has averaged 28.95% across 5 years, with a median of 27.86% in 2023.
- The widest YoY moves for Gross Margin: up 775 bps in 2022, down 137 bps in 2022.
- Over 5 years, Gross Margin stood at 26.8% in 2022, then advanced by 3 bps to 27.69% in 2023, then gained by 16 bps to 32.24% in 2024, then gained by 17 bps to 37.82% in 2025, then fell by 9 bps to 34.44% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 34.44%, 34.97%, and 37.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 47.84% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 67.76% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 88.75% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 61.04% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 61.55% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 42.18% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 26.14% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 31.81% |
| 10 | Shift4 Payments | 3.34 Bn | 2.98 Bn | 446.00 Mn | 34.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.44% |
| Mar 31, 2026 | 34.97% |
| Dec 31, 2025 | 37.82% |
| Sep 30, 2025 | 36.45% |
| Jun 30, 2025 | 30.23% |
| Mar 31, 2025 | 30.31% |
| Dec 31, 2024 | 32.24% |
| Sep 30, 2024 | 29.40% |
| Jun 30, 2024 | 28.03% |
| Mar 31, 2024 | 26.55% |
| Dec 31, 2023 | 27.69% |
| Sep 30, 2023 | 26.70% |
| Jun 30, 2023 | 26.20% |
| Mar 31, 2023 | 26.58% |
| Dec 31, 2022 | 26.80% |
| Sep 30, 2022 | 24.79% |
| Jun 30, 2022 | 20.88% |
| Mar 31, 2022 | 21.05% |
| Dec 31, 2021 | 21.06% |
| Sep 30, 2021 | 17.05% |