Shift4 Payments (FOUR) Operating Margin (2019 - 2026)
Shift4 Payments (FOUR) posted Operating Margin of 4.46% for Q1 2026, down 58.55% on a QoQ basis from 10.76% in Q4 2025, and up 151.0% year-over-year from 1.78% in Q1 2025.
Shift4 Payments (FOUR) Operating Margin (2019 - 2026) Analysis & Trends
Shift4 Payments' Operating Margin history runs 8 years deep, the most recent figure standing at 4.46% for Q1 2026.
- Quarterly Operating Margin rose 151.0% year-over-year to 4.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.44% (up 122.0% YoY) and the FY2025 annual result came in at 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.
- Across five years, Operating Margin topped out at 10.76% in Q4 2025 and bottomed at 2.91% in Q1 2022.
- A 5-year average of 5.86% and a median of 5.58% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 1527 bps — and 2023, when it sank 316 bps.
- Shift4 Payments' 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 59 bps to 4.46% in 2026.
- Business Quant data shows FOUR's Operating Margin at 4.46% in Q1 2026, 10.76% in Q4 2025, and 9.74% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,338.31 Bn | 3,205.55 Bn | 60.48 Bn | 45.11% |
| 2 | PagSeguro Digital | 2,695.86 Bn | 2,695.86 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 364.54 Bn | 332.64 Bn | - | 31.97% |
| 4 | Repay Holdings | 322.97 Bn | 322.83 Bn | - | - |
| 5 | Palantir Technologies | 293.57 Bn | 285.55 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 223.94 Bn | 219.40 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 183.12 Bn | 180.02 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 118.12 Bn | 114.82 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 99.08 Bn | 98.14 Bn | 455.60 Mn | -9.69% |
| 10 | Shift4 Payments | 3.90 Bn | 3.43 Bn | 392.00 Mn | 4.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |