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Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET Chief Executive Officer — David Lauber Chief Financial Officer — Christopher Cruz David Lauber: Thanks, Tom, and good morning, everyone. Thank you for joining us today. Before I get into the quarter, I want to take a moment to acknowledge what is happening in the world. Our thoughts are, first and foremost, with those in harm's way in the Middle East. We are praying for a quick and peaceful resolution to the conflict. That context matters as we talk about our results today, not only because of the difficulties it presents, but because of how we performed despite an otherwise challenging market backdrop. With that said, there are 3 key messages that define our first quarter results. First, our diversified business delivered durable and resilient growth in the face of a difficult environment. Second, our international expansion remains on track and continues to scale. And third, our competitive differentiation across our key experience economy verticals remains as strong as it's ever been. Let me start with Q1 results. We performed in line with our previously provided guidance, including 32% year-over-year growth in gross revenues, 49% year-over-year growth in gross revenue less network fees, 39% year-over-year growth in adjusted EBITDA and 26% year-over-year growth in adjusted free cash flow. When adjusting for our acquisitions, our organic gross revenue less network fees grew 11%, and this was in spite of a drag of roughly 400 basis points from intentionally deprecated legacy revenue streams. We believe there is further room for expansion as we continue delivering our market-leading products to new geographies around the world. The performance we delivered this quarter in our payments-based revenue streams is a testimony to this. Total payments-based revenue less network fees grew 25% in Q1, with the Americas-based revenue less network fees growing 15% and worldwide payments-based revenue less network fees growing 51%. Our most mature Americas market is growing in the mid-teens, and our growth market grew over 50%. We were not immune to the unforeseen events in the Middle East as the conflict impacts inbound travel to Europe as well as many GCC countries. Despite the travel disruptions in the Middle East conflict, we've delivered results above our guiding KPIs. I also want to address the sa...

Image source: The Motley Fool. Thursday, February 26, 2026 at 8:30 a.m. ET Chief Executive Officer — David Lauber Chief Financial Officer — Christopher Cruz Operator — [Operator] David Lauber: Good morning. It's great to be speaking with you all. 2025 was yet another pivotal year for Shift4. We produced record results executed on transformative M&A, grew nicely and diversified the quality of our business. That's all while overcoming the occasional setback in more ways than one. We also fundamentally strengthened our global footprint, our technology capabilities, and organized our talent around our priorities that will continue to move the needle in 2026. As mentioned in my shareholder letter, the rapid expansion across multiple verticals has created confusion as to exactly why we win and who we compete with. This is understandable, but from our perspective, each vertical we serve is carefully selected based on the lessons we've learned over 28 years. Contrary to popular belief, we are in these verticals because we view the competitive landscape as narrow and as such, typically have fewer -- one or fewer good competitors in each vertical. To simplify things for everyone, I will succinctly say that we power the experience economy. We enable businesses to deliver the moments that matter and can be found anywhere you shop, dine, stay or play. These experiences demand high availability and often in-person engagement and come with high expectations from both the guests and the merchant. What as little as 5 years ago, might have been Shift4 powering a night out at your local -- at your favorite local restaurant has evolved into us earning the responsibility to power some of the largest global resorts operating 24/7, championship matches and so much more. In a world of constant innovation, especially digitally, the skill sets to power high-demand person experiences is increasingly valued. Now to touch on some highlights for the quarter and the full year. We closed on the acquisition of Global Blue back in July, marking our entry into the luxury retail vertical. As a quick reminder, Global Blue is a market share leader of tax-free shopping capabilities to merchants selling luxury goods with the #1 market share globally and a 4x relative market share to their nearest competitor. Global Blue's business remained resilient despite the weakening U.S. dollar and rising ten...

ShawSpring Partners reported a full exit from Shift4 Payments (NYSE:FOUR) in its May 14, 2026, SEC filing, selling 1,148,861 shares in a trade estimated at $63.41 million based on quarterly average pricing. According to the SEC filing dated May 14, 2026, ShawSpring Partners sold its entire stake of 1,148,861 shares in Shift4 Payments during the first quarter of 2026. The estimated transaction value was $63.41 million, based on the average unadjusted closing price for the quarter. The net position change, which includes both trading activity and price movement, was a decline of $72.34 million. Top holdings after the filing: As of Friday, Shift4 Payments shares were priced at $43.24, down 50% over the past year and significantly underperforming the S&P 500, which is instead up about 28%. Shift4 Payments offers integrated payment processing solutions, including omni-channel card acceptance, POS systems, eCommerce platforms, and business intelligence tools. The firm generates revenue primarily through transaction-based fees, software subscriptions, and value-added services for merchants and enterprise clients. It serves a diverse customer base across retail, hospitality, eCommerce, and entertainment venues in the United States. Shift4 Payments, Inc. is a leading provider of integrated payment and technology solutions, supporting businesses with secure transaction processing and advanced software tools. The company leverages its proprietary platforms to deliver seamless payment experiences and robust analytics capabilities. With a broad set of solutions serving retail, hospitality, eCommerce, and entertainment venues in the United States, Shift4 offers integrated payment processing, business intelligence, and comprehensive software tools. ShawSpring exited amid a brutal stretch for Shift4 stock, suggesting management's recent execution has not been enough to restore investor confidence. Management acknowledged the difficulty in its first-quarter letter to shareholders, saying the year began with “significant volatility” but touting that the business “performed resiliently” nonetheless. Gross revenue jumped 32% to $1.1 billion, while EBITDA climbed 63% to $183 million.Meanwhile, Shift4 continues to expand beyond its traditional restaurant and hospitality roots, pushing deeper into sports venues, entertainment, travel, and enterprise commerce. CEO Taylor Lauber out...

Shift4’s first quarter results received a positive market response, driven by broad-based revenue growth across its core payments and experience economy verticals. Management emphasized resilience in the face of international travel disruptions, with CEO Taylor Lauber noting, “Our diversified business delivered durable and resilient growth in a difficult environment.” Key drivers included the scaling of international operations and continued adoption of the company’s SkyTab POS—soon to be rebranded as Shift4 Dine—in restaurant and hospitality markets. While travel disruptions in the Middle East created headwinds, the business demonstrated robust execution by expanding product adoption and maintaining disciplined cost controls. Is now the time to buy FOUR? Find out in our full research report (it’s free). Revenue: $1.12 billion vs analyst estimates of $1.09 billion (32.1% year-on-year growth, 3.2% beat) Adjusted EPS: $0.97 vs analyst estimates of $0.96 (in line) Adjusted EBITDA: $234 million vs analyst estimates of $233.2 million (20.9% margin, in line) The company reconfirmed its revenue guidance for the full year of $2.55 billion at the midpoint EBITDA guidance for the full year is $1.19 billion at the midpoint, in line with analyst expectations Operating Margin: 4.5%, up from 3% in the same quarter last year Market Capitalization: $3.24 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Timothy Chiodo (UBS) asked about the evolution of Shift4’s distribution strategy and the maturity of the direct salesforce in the U.S. and Europe. CEO Taylor Lauber detailed the company’s shift from third-party resellers to a direct model and ongoing international build-out, emphasizing, “We see the opportunity to be quite immense and we're investing in it meaningfully.” Rayna Kumar (Oppenheimer) requested specifics on quantifying the Middle East conflict’s impact on the tax-free shopping segment. CFO Christopher Cruz explained their data-driven approach, using airline seat capacity and corridor analysis to estimate the revenue impact. Dan Dolev (Mizuho) inquired about the deployment of AI across Shift4’s operations. Lauber de...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Shift4 (NYSE:FOUR) and the best and worst performers in the payment processing industry. Payment processors facilitate transactions between merchants, consumers, and financial institutions. Growth comes from e-commerce expansion, declining cash usage globally, and value-added services beyond basic processing. Headwinds include margin pressure from merchant negotiating power, rapid technological change requiring investment, and emerging competition from technology companies entering the payments ecosystem. The 4 payment processing stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 0.7%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10.5% since the latest earnings results. Starting as a payment gateway provider in 1999 and now processing over $200 billion in annual payment volume, Shift4 Payments (NYSE:FOUR) provides integrated payment processing solutions and software that help businesses accept and manage transactions across in-store, online, and mobile channels. Shift4 reported revenues of $1.12 billion, up 32.1% year on year. This print exceeded analysts’ expectations by 3.2%. Despite the top-line beat, it was still a slower quarter for the company with full-year revenue guidance missing analysts’ expectations significantly. Shift4 scored the biggest analyst estimates beat and fastest revenue growth, but had the weakest full-year guidance update of the whole group. Still, the market seems discontent with the results. The stock is down 4.9% since reporting and currently trades at $40.97. Is now the time to buy Shift4? Access our full analysis of the earnings results here, it’s free. Founded in 1976 by two entrepreneurs who saw the need for specialized banking software in the early days of financial computing, Jack Henry & Associates (NASDAQ:JKHY) provides technology solutions that help banks and credit unions innovate, differentiate, and compete while serving the evolving needs of their accountholders. Jack Henry reported revenues of $615.9 million, up 7.3% year on year, outperforming analysts’ expectations by 1.3%. The business had a strong quarter with a beat of analysts’ EPS and EBITDA estimates....

Interested in Shift4 Payments, Inc.? Here are five stocks we like better. Shift4 posted solid Q1 2026 results, with gross revenue up 32% year over year, adjusted EBITDA up 39%, and adjusted free cash flow up 26%. Management said results were in line with guidance and reaffirmed full-year 2026 outlook. Travel disruption from the Middle East conflict weighed on results, especially in the Global Blue tax-free shopping business, creating an estimated $4 million to $6 million headwind in Q1. The company expects about a $20 million impact in Q2 but still guided to $615 million in gross revenue less network fees. International expansion and vertical wins remain key growth drivers, including the rollout of Shift4 One, which is already live in seven countries and expected in 15 by year-end. The company also added customers across restaurants, hotels, sports and entertainment, and continued share repurchases under its $1 billion authorization. MarketBeat Week in Review – 04/27 - 05/01 Shift4 Payments (NYSE:FOUR) reported first-quarter 2026 results that management said were in line with prior guidance, as growth in payments and international markets helped offset travel disruption tied to the conflict in the Middle East. CEO Taylor Lauber said the company’s results were defined by “durable and resilient growth” in a difficult environment, progress in international expansion and continued competitive strength across what Shift4 calls the “experience economy,” including restaurants, hotels, sports and entertainment, and retail. → Wells Fargo’s Comeback Is Real—But Not Risk-Free Shift4’s Explosive Growth Comes With High-Stakes Risk Lauber said Shift4 generated 32% year-over-year growth in gross revenue, 49% growth in gross revenue less network fees, 39% growth in adjusted EBITDA and 26% growth in adjusted free cash flow. Adjusting for acquisitions, organic gross revenue less network fees rose 11%, despite what he described as a roughly 400-basis-point drag from intentionally deprecated legacy revenue streams. CFO Christopher Cruz said first-quarter gross revenue less network fees totaled $549 million, adjusted EBITDA was $234 million and adjusted free cash flow was $88 million. Adjusted EBITDA margin was 43%, while non-GAAP earnings per share were $0.97. Volumes increased 24% year over year to $56 billion, with blended spreads of 61 basis points. → Rocket Lab Posts Record...

Management attributed Q1 performance to a diversified business model that delivered 32% gross revenue growth despite a challenging macro backdrop and Middle East conflict impacts. The company is intentionally deprecating legacy revenue streams, which created a 400 basis point drag on organic growth but aligns with long-term strategic simplification. Strategic differentiation is focused on the 'experience economy,' specifically in restaurants, hotels, and sports/entertainment where competitors are viewed as having narrower capabilities. International scaling is progressing via the 'Shift4 One' product, which integrates payments, currency conversion, and tax-free shopping into a single device to capture luxury retail synergies. Management emphasized a disciplined approach to expenses, utilizing AI to scale into new markets with fewer resources while maintaining a path toward 50% margins. The competitive strategy in restaurants involves consolidating fragmented distribution networks into the 'Shift4 Dine' brand, resulting in a 40% year-over-year increase in active merchant counts. Full-year 2026 guidance remains unchanged, assuming a neutral outlook for same-store sales without forecasting a dramatic recovery in the second half of the year. The company expects to expand the 'Shift4 One' product from 7 countries to 15 by the end of the year, targeting an installed base of 70,000 prospective SMB merchants. Guidance for Q2 embeds an approximate $20 million impact from travel disruptions in the Middle East, specifically affecting the tax-free shopping corridor into Europe. Management anticipates the business will deleverage by approximately 0.5 turns per quarter, targeting a long-term average net leverage level in the low 3s by year-end. The company is prioritizing the deployment of dynamic currency conversion (DCC) across U.S. venues and hotels in preparation for the World Cup taking place later this year. The Middle East conflict created a $4 million to $6 million headwind in Q1 due to reduced passenger seat capacity from the GCC and East Asia into Europe. Tax-free shopping (TFS) exhibits significant seasonality, with the first half of the year typically being cash-flow consumptive and the second half being generative. In Q1, the company repurchased 5.5 million shares, bringing the cumulative execution against its $1 billion share repurchase authorization to $600...

CENTER VALLEY, Pa., May 07, 2026--(BUSINESS WIRE)--Shift4 (NYSE: FOUR) has posted its first quarter 2026 financial results as part of its Q1 2026 Shareholder Letter, which can be viewed here or by navigating to the Financials section of its Investor Relations website at https://investors.shift4.com. Earnings Conference Call Management will host a conference call today, May 7th, 2026, at 8:30 a.m. ET to discuss the results. Conference Call Details The earnings conference call will also be webcast live and interested parties can join the live webcast through Shift4’s website at: https://investors.shift4.com X Spaces Simulcast As previously announced, the live audio of the earnings call will be simulcast via X Spaces. Follow @Shift4 on X for additional information on how to access the simulcast. About Shift4 Shift4 (NYSE: FOUR) powers the experience economy, enabling businesses to deliver the moments that matter. Transforming how people shop, dine, stay, and play, Shift4’s commerce technology allows for a seamless experience at any scale. From your neighborhood restaurant to the world’s largest event venues, Shift4 handles billions of transactions annually for hundreds of thousands of businesses around the world. For more information, visit shift4.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507317793/en/ Contacts Investor Relations Thomas McCrohan EVP, Head of Investor Relations Shift4 (484) 735-0779 [email protected] Paloma Pate Director, Strategy and Investor Relations Shift4 (484) 954-5768 [email protected] Media Contact Nate Hirshberg SVP, Marketing Shift4 [email protected]

Shift4 Payments (FOUR) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.02%. A quarter ago, it was expected that this company would post earnings of $1.57 per share when it actually produced earnings of $1.6, delivering a surprise of +1.91%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Shift4 Payments, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $549 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.16%. This compares to year-ago revenues of $368.5 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Shift4 Payments shares have lost about 31.9% since the beginning of the year versus the S&P 500's gain of 7.6%. While Shift4 Payments has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Shift4 Payments was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zack...

For the quarter ended March 2026, Shift4 Payments (FOUR) reported revenue of $549 million, up 49% over the same period last year. EPS came in at $0.97, compared to $1.07 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $542.72 million, representing a surprise of +1.16%. The company delivered an EPS surprise of -2.02%, with the consensus EPS estimate being $0.99. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Shift4 Payments performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: End-to-End Payment Volume: $56 billion versus the four-analyst average estimate of $54.01 billion. Gross Revenue- Subscription and other revenues: $102 million versus the four-analyst average estimate of $117.41 million. The reported number represents a year-over-year change of +10.2%. Gross Revenue- Payments-based revenue: $917 million compared to the $889.72 million average estimate based on four analysts. The reported number represents a change of +21.3% year over year. View all Key Company Metrics for Shift4 Payments here>>> Shares of Shift4 Payments have returned +1.7% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Shift4 Payments, Inc. (FOUR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Thursday reported first-quarter profit of $15 million. The Center Valley, Pennsylvania-based company said it had net loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 97 cents per share. The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share. The company posted revenue of $1.12 billion in the period. Its adjusted revenue was $549 million, which topped Street forecasts. Seven analysts surveyed by Zacks expected $542.7 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOUR at https://www.zacks.com/ap/FOUR

Shift4 Payments (FOUR) reported Q1 adjusted earnings Thursday of $0.97 per share, down from $1.07 a