Shift4 Payments (FOUR) Operating Margin (2019 - 2026)
Shift4 Payments' (FOUR) quarterly Operating Margin came in at 7.34% in Q2 2026, down 126.0% on a YoY basis from 28.22% in Q2 2025, and up 64.47% quarter-over-quarter from 4.46% in Q1 2026.
Analysis
Shift4 Payments (FOUR) Operating Margin (2019 - 2026) Analysis & Trends
Shift4 Payments (FOUR) has reported Operating Margin for 8 consecutive years, with 7.34% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 126.0% year-over-year to 7.34%; the trailing twelve-month figure through Jun 2026 stood at 8.1% (up 50.0% YoY), and the FY2025 full-year result was 8.4%, up 98.0% from the prior year.
- Operating Margin rose to 7.34% in Q2 2026 per FOUR's latest filing, from 4.46% in the prior quarter.
- Across five years, Operating Margin topped out at 10.76% in Q4 2025 and bottomed at 2.91% in Q1 2022.
- Historically, Operating Margin has averaged 5.94% across 5 years, with a median of 6.1% in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 1527 bps in 2022, then tumbled 316 bps in 2023.
- Over 5 years, Operating Margin stood at 5.58% in 2022, then decreased by 30 bps to 3.91% in 2023, then surged by 148 bps to 9.69% in 2024, then gained by 11 bps to 10.76% in 2025, then slumped by 32 bps to 7.34% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 7.34%, 4.46%, and 10.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 49.71 Bn | 43.24 Bn | 3.17 Bn | 6.75% |
| 2 | PayPal Holdings | 47.38 Bn | 36.12 Bn | - | 16.44% |
| 3 | Fiserv | 28.18 Bn | 27.58 Bn | 3.59 Bn | 19.18% |
| 4 | Corpay | 27.33 Bn | 20.64 Bn | 1.19 Bn | 35.28% |
| 5 | Global Payments | 24.60 Bn | 19.84 Bn | 2.03 Bn | 10.15% |
| 6 | Shift4 Payments | 7.14 Bn | 6.90 Bn | 446.00 Mn | 7.34% |
| 7 | Wex | 6.65 Bn | 551.23 Mn | 463.80 Mn | 26.97% |
| 8 | Aci Worldwide | 5.36 Bn | 5.19 Bn | 181.57 Mn | 10.37% |
| 9 | dLocal | 4.58 Bn | 3.70 Bn | 127.15 Mn | 16.05% |
| 10 | Paymentus Holdings | 4.56 Bn | 4.18 Bn | 94.31 Mn | 9.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.34% |
| Mar 31, 2026 | 4.46% |
| Dec 31, 2025 | 10.76% |
| Sep 30, 2025 | 9.74% |
| Jun 30, 2025 | 8.59% |
| Mar 31, 2025 | 2.95% |
| Dec 31, 2024 | 9.69% |
| Sep 30, 2024 | 8.84% |
| Jun 30, 2024 | 7.16% |
| Mar 31, 2024 | 3.03% |
| Dec 31, 2023 | 3.91% |
| Sep 30, 2023 | 6.62% |
| Jun 30, 2023 | 5.32% |
| Mar 31, 2023 | 1.61% |
| Dec 31, 2022 | 5.58% |
| Sep 30, 2022 | 9.78% |
| Jun 30, 2022 | 4.52% |
| Mar 31, 2022 | -2.91% |
| Dec 31, 2021 | -1.25% |
| Sep 30, 2021 | -1.48% |