Shift4 Payments, Inc. (FOUR) quarterly cash flow statement — complete operating, investing & financing history
Shift4 Payments, Inc. (FOUR) cash flow statement — 8-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 221M | 63M | 134M | 224M | 171.8M | 141.9M | 96.6M | 145.4M | 182.1M | 116.1M | 115M | 105.3M | 111.7M | 91.9M | 79.4M | 139.5M | 50.9M | 47.9M | 37.1M | 3.6M |
| Operating CF Margin % | 16.76% | 4.86% | 11.95% | 18.84% | 14.6% | 14.69% | 11.39% | 16.39% | 20.03% | 14.04% | 16.26% | 14.93% | 16.54% | 14.43% | 14.52% | 25.94% | 9.3% | 9.45% | 9.23% | 0.9% |
| Operating CF Growth % | 28.64% | -55.6% | 38.72% | 54.06% | -5.66% | 22.22% | -16% | 38.08% | 63.03% | 26.33% | 44.84% | -24.52% | 119.45% | 91.86% | 114.02% | 3775% | 147.09% | 614.93% | 2282.35% | -43.75% |
| Net Income | 40M | 24M | 12M | 25M | 33.4M | 41.1M | 19.5M | 139.3M | 95.4M | 39.2M | 20.6M | 13.7M | 46.5M | 36.8M | 20.4M | 38.5M | 46.4M | 15M | -13.2M | -13.7M |
| Depreciation & Amortization | 129M | 139M | 135M | 133.3M | 125.7M | 88.4M | 85.2M | 83.5M | 77.3M | 69.7M | 66.1M | 61.9M | 55.1M | 50M | 47.6M | 47.5M | 42.6M | 29.9M | 29.1M | 27.6M |
| Stock-Based Compensation | 19M | 31M | 16M | 0 | 15.6M | 15.2M | 26M | 14.1M | 14.3M | 14.3M | 22.8M | 11M | 12.4M | 13.1M | 20.9M | 11.2M | 12.2M | 9.3M | 16.9M | 13.9M |
| Deferred Taxes | -28M | 11M | -32M | 0 | 13.5M | -2.8M | -17.7M | -21.9M | -290.8M | -9.3M | 0 | 500K | -200K | -2.8M | -5.6M | 2.3M | 1.1M | 800K | -6.3M | 1.8M |
| Other Non-Cash Items | 7M | 2M | 11M | 77.7M | -47.9M | 14.5M | 600K | -46.3M | 263.7M | 26.9M | 1.6M | 32M | 13M | 10.7M | 4.2M | -7.6M | -32M | 3.4M | 5.2M | 2.5M |
| Working Capital Changes | 54M | -144M | -8M | -12M | 31.5M | -14.5M | -17M | -23.3M | 22.2M | -24.7M | 3.9M | -13.8M | -15.1M | -15.9M | -8.1M | 47.6M | -19.4M | -10.5M | 5.4M | -28.5M |
| Change in Receivables | 63M | 0 | 22M | 0 | 17.1M | -39.2M | 15.2M | -29M | -9.2M | -37.3M | 500K | -8.9M | -5.9M | -20.8M | -17.1M | 62.2M | -8.6M | -29.5M | -20M | -22.7M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 4.1M | 2.2M | 700K | 1.5M | 3.2M | 1.8M | 700K | -300K | 200K | 1.2M | 1.7M | -1.1M |
| Change in Payables | 9M | 0 | -56M | 0 | -16.5M | 7.6M | 9.4M | 0 | -11.8M | 15.3M | 21.4M | -1.1M | -3.8M | 14.3M | 5.3M | -6.9M | 8.4M | 20.4M | 15.4M | -2.6M |
| Cash from Investing | -85M | -105M | 16M | -217M | -2.65B | -47.2M | -85M | -255.9M | -53.7M | -341.8M | -39.7M | -150.8M | -43.1M | -76.6M | -31.4M | -33.8M | -395.9M | -43.2M | -43.9M | -34.7M |
| Capital Expenditures | -63M | -72M | -38M | -37M | 24.1M | -24.1M | -31.8M | -27M | 81.4M | -41M | -40.4M | -32.3M | -43.1M | -41.5M | -17.4M | -33.7M | -287.5M | -35.3M | -23.5M | -26.5M |
| CapEx % of Revenue | 4.78% | 5.56% | 3.39% | 3.11% | 2.05% | 2.49% | 3.75% | 3.04% | 8.95% | 4.96% | 5.71% | 4.58% | 6.38% | 6.51% | 3.18% | 6.27% | 52.53% | 6.97% | 5.85% | 6.64% |
| Acquisitions | -29M | -27M | 98M | -177M | -2.56B | 0 | -3.7M | -248.7M | -4.5M | -301.4M | 0 | -133.4M | 0 | -35.1M | -1.2M | -100K | -122.6M | 0 | -12.6M | -300K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 3M | -6M | -44M | -3M | -109M | -24.8M | -46.8M | -102.5M | -121.3M | -400K | -900K | 3.3M | 0 | 0 | -12.8M | 15.1M | 14.2M | -7.9M | -6.3M | 7.1M |
| Cash from Financing | 741M | -117M | -401M | -536M | 965.1M | 1.71B | -80.7M | -21.4M | 1.05B | -71M | -88.1M | -27.9M | -9.1M | -108.2M | -7M | -3.2M | -400K | -175.3M | -35.7M | -25.5M |
| Debt Issued (Net) | 981M | -2M | 55M | -185M | 1B | 863.2M | 26.8M | 73.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -200M | -26M | -295M | -316M | 87.8M | -85.3M | -62.9M | -110M | -20M | -15.9M | -9.1M | -8.6M | -4.8M | -96.8M | 0 | -2.5M | -400K | -167.2M | -18.7M | -19.5M |
| Dividends Paid | -15M | -16M | -15M | -15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -190M | -26M | -295M | -316M | 0 | -85.3M | -62.9M | -110M | -20M | -15.9M | -9.1M | -8.6M | -4.8M | -96.8M | 0 | -2.5M | -400K | -167.2M | -18.7M | -19.5M |
| Other Financing | -25M | -73M | -146M | -20M | -122.7M | 928.9M | -44.6M | 15.4M | 1.07B | -55.1M | -79M | -19.3M | -4.3M | -11.4M | -7M | -700K | 0 | -8.1M | -17M | -6M |
| Net Change in Cash | 877M | -162M | -262M | -524.7M | -1.54B | 1.87B | -54.3M | -156.8M | 1.19B | -299.2M | -19.3M | -61.5M | 58M | -92.6M | 41.4M | 103.8M | -345.5M | -170.8M | -42.5M | -56.6M |
| Free Cash Flow | 158M | -9M | 63M | 187M | 272.5M | 93M | 44.8M | 89.1M | 263.5M | 75.1M | 89.3M | 73M | 68.6M | 50.4M | 49.2M | 105.8M | -236.6M | 12.6M | 13.6M | -22.9M |
| FCF Margin % | 11.98% | -0.69% | 5.62% | 15.73% | 23.15% | 9.63% | 5.28% | 10.05% | 28.98% | 9.08% | 12.62% | 10.35% | 10.16% | 7.91% | 8.99% | 19.68% | -43.23% | 2.49% | 3.38% | -5.73% |
| FCF Growth % | -42.02% | -109.68% | 40.63% | 109.88% | 3.42% | 23.83% | -49.83% | 22.05% | 284.11% | 49.01% | 81.5% | -31% | 128.99% | 300% | 261.76% | 562.01% | -4364.15% | 215.6% | 179.07% | -154.44% |
| FCF per Share | 2.02 | -0.11 | 0.86 | 2.77 | 3.00 | 1.04 | 0.49 | 0.99 | 2.95 | 1.12 | 1.32 | 1.13 | 1.15 | 0.84 | 0.58 | 1.27 | -2.90 | 0.15 | 0.24 | -0.41 |
| FCF Conversion (FCF/Net Income) | 5.82x | 2.86x | 8.93x | 8.96x | 6.11x | 4.17x | 5.78x | 1.25x | 3.38x | 2.96x | 5.58x | 7.69x | 3.43x | 3.66x | 5.36x | 4.78x | 1.18x | 4.65x | -4.95x | -0.38x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |