Shift4 Payments (FOUR) Net Margin (2019 - 2026)
Shift4 Payments (FOUR) recorded Net Margin of 0.54% in Q2 2026, down 1.94 percentage points from 2.48% a year earlier but up 0.63 percentage points from the prior quarter.
Shift4 Payments (FOUR) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Shift4 Payments' Net Margin came in at 0.92% as of Jun 30, 2026, down 4.93 percentage points year-over-year; for FY2025, it was 1.89%, down 5.01 percentage points from FY2024.
- Annual Net Margin has a five-year change of +4.42 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 6.90% in FY2024 (+3.55 pp), 3.35% in FY2023 (-0.41 pp), 3.77% in FY2022 (+7.29 pp) and -3.52% in FY2021 (-1.00 pp).
- Quarterly Net Margin has ranged from -2.44% in Q3 2021 to 13.12% in Q4 2024 over the past five years.
- On a year-over-year basis, Net Margin has declined for six consecutive quarters, with an average year-over-year change of -1.34 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 11.84 percentage points in Q1 2022, against a drop of 11.03 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.09% (Q1 2026), 2.09% (Q4 2025) and 1.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -29.46% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 12.72% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 1.34% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -498.45% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 18.55% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 11.85% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.39% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.60% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 7.64% |
| 10 | Shift4 Payments | 5.76 Bn | 2.57 Bn | 446.00 Mn | 0.54% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54% |
| Mar 31, 2026 | -0.09% |
| Dec 31, 2025 | 2.09% |
| Sep 30, 2025 | 1.10% |
| Jun 30, 2025 | 2.48% |
| Mar 31, 2025 | 2.00% |
| Dec 31, 2024 | 13.12% |
| Sep 30, 2024 | 5.92% |
| Jun 30, 2024 | 4.74% |
| Mar 31, 2024 | 2.91% |
| Dec 31, 2023 | 1.91% |
| Sep 30, 2023 | 4.83% |
| Jun 30, 2023 | 3.94% |
| Mar 31, 2023 | 2.71% |
| Dec 31, 2022 | 5.43% |
| Sep 30, 2022 | 7.88% |
| Jun 30, 2022 | 2.03% |
| Mar 31, 2022 | -1.87% |
| Dec 31, 2021 | -2.35% |
| Sep 30, 2021 | -2.44% |
Shift4 Payments Net 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=net-margin&ticker=FOUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();