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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(Unaudited) (in millions, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Gross revenue | $848.3 | $707.4 |
| Cost of sales (exclusive of certain depreciation and amortization expense shown separately below) | (591.3) | (519.6) |
| General and administrative expenses | (154.0) | (107.1) |
| Revaluation of contingent liabilities | 3.7 | (2.1) |
| Depreciation and amortization expense (a) | (56.0) | (44.8) |
| Professional expenses | (18.6) | (8.0) |
| Advertising and marketing expenses | (6.7) | (4.4) |
| Income from operations | 25.4 | 21.4 |
| Interest income | 12.4 | 5.4 |
| Other income (expense), net | (1.2) | 1.4 |
| Gain on investments in securities | 0.3 | 11.0 |
| Change in TRA liability | 3.0 | (1.2) |
| Interest expense | (28.5) | (8.1) |
| Income before income taxes | 11.4 | 29.9 |
| Income tax benefit (expense) | 8.1 | (1.4) |
| Net income | 19.5 | 28.5 |
| Less: Net income attributable to noncontrolling interests | (2.8) | (7.9) |
| Net income attributable to Shift4 Payments, Inc. | $16.7 | $20.6 |
| Basic net income per share | ||
| Class A net income per share - basic | $0.24 | $0.31 |
| Class A weighted average common stock outstanding - basic | 67,700,208 | 64,444,479 |
| Class C net income per share - basic | $0.24 | $0.31 |
| Class C weighted average common stock outstanding - basic | 1,452,252 | 1,694,915 |
| Diluted net income per share | ||
| Class A net income per share - diluted | $0.20 | $0.31 |
| Class A weighted average common stock outstanding - diluted | 90,703,736 | 65,962,229 |
| Class C net income per share - diluted | $0.20 | $0.31 |
| Class C weighted average common stock outstanding - diluted | 1,452,252 | 1,694,915 |
| See accompanying notes to unaudited condensed consolidated financial statements. | ||
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