Filing Flows › Shift4 Payments (FOUR) › Q1 2026
Shift4 Payments (FOUR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Shift4 Payments (FOUR) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +32% from a year earlier and -6% from the quarter before. Operating margin was 4.5%, net earnings $12.0M (1.1% of revenue).
Shift4 Payments, Q1 2026: revenue $1.1B (+32% year over year), operating margin 4.5%, net earnings $12.0M, operating cash flow $134M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -6% | +32% |
| Operating profit | $50.0M | -61% | +100% |
| Net earnings | $12.0M | -70% | -29% |
| Operating cash flow | $134M | -40% | +40% |
| Free cash flow | $128M | -42% | +35% |
What changed
Revenue was $1.1B in Q1 2026, up 32% year over year and down 6% from the previous quarter. Payments-based revenue was the largest line at 82% of revenue. Payments-based revenue added $0.16B year over year (up 21%), 59% of the total change.
Operating profit was $0.05B, a 4.5% margin (up 1.5 points year over year). Of the extra revenue versus Q1 2025, 9% reached operating profit, above the 3% margin then. Total costs grew 30% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $0.01B, down 12% year over year ($0.01B including minority interests, which bore $3.0M of losses).
Operating cash flow was $0.13B (up 40% year over year), 1117% of net income including minority interests. Non-cash charges added back $0.14B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.01B left free cash flow of $0.13B.
Questions
What was Shift4 Payments' revenue in the first quarter 2026?
Shift4 Payments (FOUR) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +32% from a year earlier and -6% from the quarter before.
Was Shift4 Payments profitable in the first quarter 2026?
Operating profit was $50.0M (4.5% of revenue) and net earnings $12.0M.
Source: Shift4 Payments 10-Q on SEC EDGAR.