Shift4 Payments, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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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.
Sep 30, 2026 · Filed Nov 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(Unaudited) (in millions of $USD, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Gross revenue | $1,319 | $1,177 | $3,735 | $2,991 |
| Cost of sales (exclusive of certain depreciation and amortization expense shown separately below) | (860) | (748) | (2,438) | (2,013) |
| General and administrative expenses | (216) | (189) | (663) | (473) |
| Revaluation of contingent liabilities | 1 | 3 | 1 | 7 |
| Depreciation and amortization expense (a) | (83) | (86) | (271) | (199) |
| Professional expenses | (19) | (35) | (55) | (69) |
| Advertising and marketing expenses | (12) | (7) | (34) | (21) |
| Income from operations | 130 | 115 | 275 | 223 |
| Loss on extinguishment of debt | — | (9) | — | (12) |
| Interest income | 12 | 17 | 20 | 49 |
| Other income (expense), net | 3 | (1) | 3 | (5) |
| Gain on investments in securities | — | — | 2 | — |
| Change in TRA liability | (1) | — | (1) | 2 |
| Interest expense | (78) | (61) | (208) | (129) |
| Income before income taxes | 66 | 61 | 91 | 128 |
| Income tax expense | (26) | (28) | (15) | (34) |
| Net income | 40 | 33 | 76 | 94 |
| Less: Net income attributable to noncontrolling interests | (2) | (5) | (1) | (15) |
| Net income attributable to Shift4 Payments, Inc. | 38 | 28 | 75 | 79 |
| Less: Preferred dividends | (16) | (15) | (47) | (25) |
| Net income attributable to common stockholders | $22 | $13 | $28 | $54 |
| Net income per share attributable to Class A and Class C common stockholders (b) | ||||
| Basic | $0.38 | $0.19 | $0.46 | $0.78 |
| Diluted | $0.37 | $0.17 | $0.46 | $0.70 |
| Weighted average Class A and Class C common shares outstanding (b) | ||||
| Basic | 77,512,381 | 68,561,823 | 76,825,680 | 68,503,198 |
| Diluted | 78,213,540 | 90,682,921 | 77,498,364 | 90,874,987 |
| See accompanying notes to unaudited condensed consolidated financial statements. | ||||
(a)Depreciation and amortization expense includes depreciation of equipment under lease of$25 million and$73 million for the three and nine months ended September 30, 2026, respectively, and $20 million and $53 million for the three and nine months ended September 30, 2025, respectively.
(b)Prior to fiscal year 2026, the Company presented basic and diluted net income per share separately for Class A and Class C common stock. In the current period, the Company elected to present a single net income per share amount for these classes as they have identical economic rights. Prior period amounts have been conformed to the current presentation.
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