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

Shift4 Payments has reported Operating Expenses for 8 years, with the latest figure at $238.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 52.56% year-over-year to $238.0 million; the trailing twelve-month figure through Mar 2026 stood at $753.4 million (up 45.61% YoY), and the FY2025 full-year result was $700.0 million, up 48.62% from the prior year.
• Operating Expenses for Q1 2026 stood at $238.0 million, up from $174.1 million in the prior quarter.
• The five-year high for Operating Expenses was $238.0 million in Q1 2026, with the low at $82.5 million in Q3 2022.
• Historically, Operating Expenses has averaged $124.3 million across 5 years, with a median of $112.9 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses slipped 9.45% — and 2025, when it surged 59.26%.
• Shift4 Payments' Operating Expenses stood at $93.2 million in 2022, then grew by 22.75% to $114.4 million in 2023, then rose by 11.01% to $127.0 million in 2024, then jumped by 37.09% to $174.1 million in 2025, then surged by 36.7% to $238.0 million in 2026.
• The last three Operating Expenses figures came in at $238.0 million (Q1 2026), $174.1 million (Q4 2025), and $193.5 million (Q3 2025), per Business Quant data.