Shift4 Payments, Inc. (FOUR) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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FOUR Revenue Growth
Revenue Breakdown (FY 2024)
FOUR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
FOUR Revenue Analysis (2018–2024)
As of May 6, 2026, Shift4 Payments, Inc. (FOUR) generated trailing twelve-month (TTM) revenue of $3.88 billion, reflecting exceptional growth of +29.4% year-over-year. The most recent quarter (Q3 2025) recorded $1.18 billion in revenue, up 21.8% sequentially.
Looking at the longer-term picture, FOUR's 5-year compound annual growth rate (CAGR) stands at +35.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $3.33 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows FOUR's business is primarily driven by Payments Based Revenue (90%), and Subscription And Other Revenues (10%). With over half of revenue concentrated in Payments Based Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including PAX, PAYO (+7.7% YoY), and PRTH (+8.3% YoY), FOUR has underperformed the peer group in terms of revenue growth. Compare FOUR vs PAX →
FOUR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $3.9B | +29.4% | +35.4% | 7.4% | ||
| $384M | - | - | 34.2% | ||
| $1.1B | +7.7% | +25.0% | 11.8% | ||
| $953M | +8.3% | +18.7% | 14.8% | ||
| $623M | +36772.8% | +36.4% | 1.8% | ||
| $1.62T | +191307.3% | +401.4% | 21.1% |
FOUR Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $3.33B | +29.9% | $973.1M | 29.2% | $247.0M | 7.4% |
| 2023 | $2.56B | +28.7% | $687.8M | 26.8% | $114.8M | 4.5% |
| 2022 | $1.99B | +45.8% | $470.2M | 23.6% | $94.7M | 4.8% |
| 2021 | $1.37B | +78.3% | $278.4M | 20.4% | $-49,200,000 | -3.6% |
| 2020 | $766.9M | +4.9% | $177.8M | 23.2% | $-57,600,000 | -7.5% |
| 2019 | $731.4M | +30.5% | $173.4M | 23.7% | $-4,400,000 | -0.6% |
| 2018 | $560.6M | - | $140.7M | 25.1% | $-13,100,000 | -2.3% |
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Start ComparisonFOUR — Frequently Asked Questions
Quick answers to the most common questions about buying FOUR stock.
Is FOUR's revenue growth accelerating or slowing?
FOUR revenue is accelerating at +29.4% year-over-year, exceeding the 5-year CAGR of +35.4%. TTM revenue reached $3.9B. Growth momentum has increased versus prior periods.
What is FOUR's long-term revenue growth rate?
Shift4 Payments, Inc.'s 5-year revenue CAGR of +35.4% reflects the sustained expansion pattern. Current YoY growth of +29.4% is above this long-term average.
How is FOUR's revenue distributed by segment?
FOUR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.