Shift4 Payments, Inc.
For the period ended Mar 31, 2025. Filed Apr 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 29, 2025
FOUR$45.01+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(Unaudited)(in millions, except share and per share amounts)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $1,167.3 | $1,211.9 |
| Settlement assets | 289.0 | 298.1 |
| Accounts receivable, net | 330.6 | 348.7 |
| Prepaid expenses and other current assets | 57.2 | 51.7 |
| Total current assets | 1,844.1 | 1,910.4 |
| Noncurrent assets | ||
| Equipment for lease, net | 176.9 | 165.1 |
| Property, plant and equipment, net | 24.0 | 27.2 |
| Right-of-use assets | 35.2 | 36.9 |
| Collateral held by the card networks | 38.8 | 37.5 |
| Goodwill | 1,472.2 | 1,455.6 |
| Residual commission buyouts, net | 135.9 | 157.2 |
| Capitalized customer acquisition costs, net | 66.9 | 65.3 |
| Other intangible assets, net | 767.3 | 758.4 |
| Deferred tax assets | 396.3 | 396.8 |
| Other noncurrent assets | 46.1 | 31.0 |
| Total assets | $5,003.7 | $5,041.4 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Current portion of debt | $687.8 | $686.9 |
| Settlement liabilities | 281.9 | 293.3 |
| Accounts payable | 263.0 | 248.3 |
| Accrued expenses and other current liabilities | 100.6 | 120.5 |
| Current portion of TRA liability | 1.1 | 4.3 |
| Deferred revenue | 11.0 | 15.5 |
| Current lease liabilities | 10.9 | 11.0 |
| Total current liabilities | 1,356.3 | 1,379.8 |
| Noncurrent liabilities | ||
| Long-term debt | 2,155.7 | 2,154.1 |
| Noncurrent portion of TRA liability | 361.4 | 361.2 |
| Deferred tax liabilities | 44.4 | 60.6 |
| Noncurrent lease liabilities | 27.6 | 29.3 |
| Other noncurrent liabilities | 42.3 | 38.7 |
| Total liabilities | 3,987.7 | 4,023.7 |
| Commitments and contingencies (Note 15) | ||
| Stockholders' equity | ||
| Preferred stock, $0.0001 par value, 20,000,000 shares authorized at March 31, 2025 and December 31, 2024, none issued and outstanding | — | — |
| Class A common stock, $0.0001 par value per share, 300,000,000 shares authorized, 67,470,986 and 67,737,305 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | — | — |
| Class B common stock, $0.0001 par value per share, 100,000,000 shares authorized, 19,801,028 and 19,801,028 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively. | — | — |
| Class C common stock, $0.0001 par value per share, 100,000,000 shares authorized, 1,347,373 and 1,519,826 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively. | — | — |
| Additional paid-in capital | 1,067.4 | 1,063.0 |
| Accumulated other comprehensive loss | (2.6) | (28.2) |
| Retained deficit | (259.6) | (228.2) |
| Total stockholders' equity attributable to Shift4 Payments, Inc. | 805.2 | 806.6 |
| Noncontrolling interests | 210.8 | 211.1 |
| Total stockholders' equity | 1,016.0 | 1,017.7 |
| Total liabilities and stockholders' equity | $5,003.7 | $5,041.4 |
| See accompanying notes to unaudited condensed consolidated financial statements. | ||
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