Shift4 Payments annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Shift4 Payments Operating Expenses Growth & History (FOUR)
Shift4 Payments's operating expenses was $1.08B for fiscal 2025.
View full Shift4 Payments company overviewShift4 Payments annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.08B | $351.0M | +48.35% |
| 2024 | 2024-12-31 | $726.0M | $153.0M | +26.70% |
| 2023 | 2023-12-31 | $573.0M | $197.5M | +52.60% |
| 2022 | 2022-12-31 | $375.5M | $47.9M | +14.62% |
| 2021 | 2021-12-31 | $327.6M | $92.2M | +39.17% |
| 2020 | 2020-12-31 | $235.4M | $57.6M | +32.40% |
| 2019 | 2019-12-31 | $177.8M | $24.0M | +15.60% |
| 2018 | 2018-12-31 | $153.8M | — | — |
Shift4 Payments quarterly operating expenses
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $351.0M | $142.0M | +67.94% |
| Q1 2026 | 2026-03-31 | $342.0M | $110.0M | +47.41% |
| Q4 2025 | 2025-12-31 | $321.6M | $121.5M | +60.72% |
| Q3 2025 | 2025-09-30 | $314.4M | $127.5M | +68.22% |
| Q2 2025 | 2025-06-30 | $209.0M | $36.4M | +21.09% |
| Q1 2025 | 2025-03-31 | $232.0M | $65.6M | +39.42% |
| Q4 2024 | 2024-12-31 | $200.1M | $32.3M | +19.25% |
| Q3 2024 | 2024-09-30 | $186.9M | $51.3M | +37.83% |
| Q2 2024 | 2024-06-30 | $172.6M | $39.6M | +29.77% |
| Q1 2024 | 2024-03-31 | $166.4M | $29.8M | +21.82% |
| Q4 2023 | 2023-12-31 | $167.8M | $53.7M | +47.06% |
| Q3 2023 | 2023-09-30 | $135.6M | $53.4M | +64.96% |
| Q2 2023 | 2023-06-30 | $133.0M | $50.1M | +60.43% |
| Q1 2023 | 2023-03-31 | $136.6M | $40.3M | +41.85% |
| Q4 2022 | 2022-12-31 | $114.1M | $25.0M | +28.06% |
| Q3 2022 | 2022-09-30 | $82.2M | $12.2M | +17.43% |
| Q2 2022 | 2022-06-30 | $82.9M | $9.7M | +13.25% |
| Q1 2022 | 2022-03-31 | $96.3M | $1.0M | +1.05% |
| Q4 2021 | 2021-12-31 | $89.1M | $32.3M | +56.87% |
| Q3 2021 | 2021-09-30 | $70.0M | $14.6M | +26.35% |
| Q2 2021 | 2021-06-30 | $73.2M | −$15.2M | −17.19% |
| Q1 2021 | 2021-03-31 | $95.3M | $60.5M | +173.85% |
| Q4 2020 | 2020-12-31 | $56.8M | $8.7M | +18.09% |
| Q3 2020 | 2020-09-30 | $55.4M | $900,000 | +1.65% |
| Q2 2020 | 2020-06-30 | $88.4M | $50.6M | +133.86% |
| Q1 2020 | 2020-03-31 | $34.8M | −$2.6M | −6.95% |
| Q4 2019 | 2019-12-31 | $48.1M | — | — |
| Q3 2019 | 2019-09-30 | $54.5M | — | — |
| Q2 2019 | 2019-06-30 | $37.8M | — | — |
| Q1 2019 | 2019-03-31 | $37.4M | — | — |
Shift4 Payments operating expenses trends
Over the last five fiscal years, Shift4 Payments's operating expenses increased from $235.4M to $1.08B, a change of $841.6M. The latest reported quarter, Q2 2026, shows $351.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shift4 Payments source filings ↗