Shift4 Payments, Inc. (FOUR) Gross Margin (2019 - 2026)
Shift4 Payments (FOUR) reported Gross Margin of 34.44% for Q2 2026, up 4.21 percentage points from 30.23% a year earlier but down 0.53 percentage points from the prior quarter.
Shift4 Payments, Inc. (FOUR) Gross Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shift4 Payments' Gross Margin came in at 35.90%, up 5.37 percentage points year-over-year; for FY2025, it was 34.16%, up 4.95 percentage points from FY2024.
- Gross Margin has increased for four consecutive years, with a five-year change of +10.98 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 29.21% in FY2024 (+2.39 pp), 26.82% in FY2023 (+3.24 pp), 23.59% in FY2022 (+3.23 pp) and 20.36% in FY2021 (-2.83 pp).
- Five-year quarterly Gross Margin spans a low of 17.05% in Q3 2021 and a high of 37.82% in Q4 2025.
- Year over year, Gross Margin has now increased in each of the last nine quarters, with an average year-over-year change of +4.34 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 7.75 percentage points); the low point was Q3 2021 (a drop of 6.93 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 34.97% (Q1 2026), 37.82% (Q4 2025) and 36.45% (Q3 2025).
Peer Comparison
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% |
Shift4 Payments, Inc. Gross Margin 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=gross-margin&ticker=FOUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();