Shift4 Payments (FOUR) Operating Leases (2021 - 2026)
Shift4 Payments (FOUR) reported Operating Leases of $39 million for Q2 2026, up 50.0% from $26 million a year earlier but down 7.1% from the prior quarter.
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Analysis
Shift4 Payments (FOUR) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Shift4 Payments posted Operating Leases of $53 million, up 82.8% from FY2024.
- Operating Leases has increased for four consecutive years, with a four-year compound annual growth rate of 31.2% (FY2021 to FY2025).
- By year, Operating Leases came in at $29 million in FY2024 (+54.3%), $18.8 million in FY2023 (+3.9%), $18.1 million in FY2022 (+1.1%) and $17.9 million in FY2021.
- Five-year quarterly Operating Leases spans a low of $15.9 million in Q3 2022 and a high of $53 million in Q4 2025.
- Year over year, Operating Leases has now increased in each of the last nine quarters, with growth averaging 55.6% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2025 (growth of 101.6%); the low point was Q1 2024 (a decline of 9.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $42 million (Q1 2026), $53 million (Q4 2025) and $51.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Shift4 Payments | 5.76 Bn | 2.57 Bn | 446.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.00 Mn |
| Mar 31, 2026 | 42.00 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Sep 30, 2025 | 51.20 Mn |
| Jun 30, 2025 | 26.00 Mn |
| Mar 31, 2025 | 27.60 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Sep 30, 2024 | 25.40 Mn |
| Jun 30, 2024 | 24.40 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 18.80 Mn |
| Sep 30, 2023 | 18.80 Mn |
| Jun 30, 2023 | 18.50 Mn |
| Mar 31, 2023 | 18.80 Mn |
| Dec 31, 2022 | 18.10 Mn |
| Sep 30, 2022 | 15.90 Mn |
| Jun 30, 2022 | 16.00 Mn |
| Mar 31, 2022 | 16.60 Mn |
| Dec 31, 2021 | 17.90 Mn |
API Access
Shift4 Payments Operating Leases 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=operating-leases&ticker=FOUR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();