Shift4 Payments FOUR
NYSE FOUR
$42.29 -3.65 (-7.95%)
As of: Sep 8, 2026 · 3:59 PM EDT

Shift4 Payments (FOUR) Operating Expenses (2019 - 2026)

Shift4 Payments' (FOUR) quarterly Operating Expenses came in at $257.0 million in Q2 2026, up 73.65% on a YoY basis from $148.0 million in Q2 2025, and up 7.98% quarter-over-quarter from $238.0 million in Q1 2026.

Analysis

Shift4 Payments (FOUR) Operating Expenses (2019 - 2026) Analysis & Trends

Shift4 Payments (FOUR) has reported Operating Expenses for 8 consecutive years, with $257.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 73.65% year-over-year to $257.0 million; the trailing twelve-month figure through Jun 2026 stood at $932.9 million (up 58.68% YoY), and the FY2025 full-year result was $756.0 million, up 47.37% from the prior year.
  • Operating Expenses grew to $257.0 million in Q2 2026 per FOUR's latest filing, from $238.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $257.0 million in Q2 2026 and bottomed at $75.6 million in Q3 2022.
  • Historically, Operating Expenses has averaged $137.5 million across 5 years, with a median of $121.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses decreased 3.53% in 2023, then surged 73.65% in 2026.
  • Over 5 years, Operating Expenses stood at $93.2 million in 2022, then grew by 2.15% to $95.2 million in 2023, then jumped by 45.59% to $138.6 million in 2024, then soared by 66.02% to $230.1 million in 2025, then climbed by 11.69% to $257.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $257.0 million, $238.0 million, and $230.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Block 47.96 Bn 41.53 Bn 3.17 Bn 2.72 Bn
2 PayPal Holdings 46.69 Bn 35.44 Bn - 7.26 Bn
3 Fiserv 26.99 Bn 26.36 Bn 3.59 Bn 4.28 Bn
4 Corpay 26.69 Bn 19.68 Bn 1.19 Bn 260.40 Mn
5 Global Payments 24.17 Bn 18.76 Bn 2.03 Bn 2.98 Bn
6 Wex 6.49 Bn 384.52 Mn 463.80 Mn 233.50 Mn
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 385.77 Mn
8 Paymentus Holdings 4.46 Bn 4.08 Bn 94.31 Mn 61.69 Mn
9 dLocal 4.35 Bn 3.47 Bn 127.15 Mn -46.35 Mn
10 Shift4 Payments 3.34 Bn 2.98 Bn 446.00 Mn 257.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 257.00 Mn
Mar 31, 2026 238.00 Mn
Dec 31, 2025 230.10 Mn
Sep 30, 2025 207.80 Mn
Jun 30, 2025 148.00 Mn
Mar 31, 2025 169.00 Mn
Dec 31, 2024 138.60 Mn
Sep 30, 2024 132.30 Mn
Jun 30, 2024 123.10 Mn
Mar 31, 2024 119.00 Mn
Dec 31, 2023 95.20 Mn
Sep 30, 2023 85.60 Mn
Jun 30, 2023 90.30 Mn
Mar 31, 2023 92.90 Mn
Dec 31, 2022 93.20 Mn
Sep 30, 2022 75.60 Mn
Jun 30, 2022 82.90 Mn
Mar 31, 2022 96.30 Mn
Dec 31, 2021 89.10 Mn
Sep 30, 2021 70.00 Mn