Shift4 Payments Inc. Class A Common Stock (FOUR)

FairStock Score: 31/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am wary of fast revenue growth that does not reach the bottom line. Shift4's filed figures show revenue rising from $2.6B in FY2023 to $3.3B in FY2024 and $4.2B in FY2025, but net income fell from $230.0M in FY2024 to $119.0M in FY2025. In fiscal Q2 2026, revenue was $1.3B and net income $22.0M, a 1.70% margin; in fiscal Q2 2025 net income was $34.0M on $966.0M revenue. That pattern suggests scale but not durable pricing power. The payment platform may have switching costs, but the figures do not prove a wide moat.

In plain English: Shift4 Payments provides software and payment processing for businesses. It is growing revenue quickly, but profits are thin and fell in the latest quarter, and its debt load looks high. At the 2026-10-26 closing price of $36.99, the shares look expensive compared with the profit it earns and its net assets.

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Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer