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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |