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Shift4 Payments (FOUR) Operating Expenses (2019 - 2025)

Shift4 Payments' Operating Expenses history spans 7 years, with the latest figure at $230.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 66.02% year-over-year to $230.1 million; the TTM value through Dec 2025 reached $741.7 million, up 50.75%, while the annual FY2025 figure was $756.0 million, 47.37% up from the prior year.
  • Operating Expenses reached $230.1 million in Q4 2025 per FOUR's latest filing, up from $193.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $230.1 million in Q4 2025 to a low of $51.2 million in Q4 2022.
  • Average Operating Expenses over 5 years is $112.2 million, with a median of $95.8 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: surged 173.85% in 2021, then tumbled 42.54% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $89.1 million in 2021, then tumbled by 42.54% to $51.2 million in 2022, then soared by 123.44% to $114.4 million in 2023, then grew by 21.15% to $138.6 million in 2024, then soared by 66.02% to $230.1 million in 2025.
  • Per Business Quant, the three most recent readings for FOUR's Operating Expenses are $230.1 million (Q4 2025), $193.5 million (Q3 2025), and $147.8 million (Q2 2025).