Shift4 Payments, Inc. (NYSE: FOUR) reported its fourth‑quarter 2025 financial results on February 26 2026. Revenue reached $1.19 billion, a 34% year‑over‑year increase, while adjusted earnings per share were $1.60. The EPS figure was roughly in line with consensus estimates that ranged from $1.57 to $1.62, beating the lower estimate by $0.03 but missing the higher estimate by $0.02.
Revenue growth was driven by continued expansion of the company’s unified commerce platform and a larger global merchant base. Transaction volume rose, supporting the revenue increase, and cost control and pricing power helped maintain a 62‑basis‑point spread and a 50% adjusted EBITDA margin.
Management highlighted the unified commerce platform as a key driver and noted the expansion of its merchant base. The company is also integrating the Global Blue acquisition, which is reshaping its revenue mix, and is rolling out a stablecoin settlement platform, adding a new technology layer to its offerings.
For the first quarter of 2026, Shift4 guided revenue of $547.5 million, a sharp decline from the $1.19 billion reported in Q4 2025 and well below analyst expectations of $1.13 billion to $1.17 billion. The company also projected non‑GAAP EPS of $5.50 to $5.70, below the consensus of $6.45. The guidance signals a cautious outlook amid market uncertainties and headwinds that management believes will temper growth in the near term.
The market reacted negatively to the guidance, with investors concerned about the significant revenue and earnings miss. The weak outlook has intensified short‑selling pressure, reflecting heightened caution among investors about the company’s near‑term growth trajectory.
Compared to Q4 2024, when Shift4 reported $405 million in revenue and $205.9 million in adjusted EBITDA, the current quarter shows a strong acceleration in revenue and margin, underscoring the company’s ability to scale its platform while maintaining profitability.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.