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

Shift4 Payments (FOUR) posted Operating Margin of 4.46% for Q1 2026, down 58.55% quarter-over-quarter from 10.76% in Q4 2025, and up 151.0% year-on-year from 1.78% in Q1 2025.

Shift4 Payments (FOUR) Operating Margin (2019 - 2026) Analysis & Trends

Shift4 Payments (FOUR) has reported Operating Margin for 8 consecutive years, with 4.46% the latest figure, recorded in Q1 2026.

  • Operating Margin for Q1 2026 came in at 4.46%, up 151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.44% (up 122.0% YoY), and the FY2025 annual result was 8.4%, up 98.0% from the prior year.
  • Operating Margin was 4.46% for Q1 2026 at Shift4 Payments, down from 10.76% in the prior quarter.
  • Over five years, Operating Margin peaked at 10.76% in Q4 2025 and troughed at 2.91% in Q1 2022.
  • Average Operating Margin over 5 years is 5.86%, with a median of 5.58% recorded in 2022.
  • Year-over-year, Operating Margin surged 1527 bps in 2022 and plunged 316 bps in 2023.
  • Over 5 years, Operating Margin stood at 5.58% in 2022, then slipped by 30 bps to 3.91% in 2023, then soared by 148 bps to 9.69% in 2024, then advanced by 11 bps to 10.76% in 2025, then tumbled by 59 bps to 4.46% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 4.46% in Q1 2026, 10.76% in Q4 2025, and 9.74% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 46.33%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 31.97%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 46.18%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 15.30%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.06%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 31.36%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -9.69%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 8.43%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -2.84%
10 Shift4 Payments 3.62 Bn 3.16 Bn 392.00 Mn 4.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.46%
Dec 31, 2025 10.76%
Sep 30, 2025 9.74%
Jun 30, 2025 8.60%
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%
Jun 30, 2021 1.40%