Shift4 Payments FY26 Revenue Guide $2.5–2.6B Sparks 14% Share Plunge
Shift4 Payments reported Q4 gross revenue of $1.19 billion (+34% y/y), narrowly missing analyst projections by $10 million, and adjusted EPS of $1.60 trailed forecasts by $0.02. Full-year 2026 revenue guidance of $2.5–2.6 billion and first-quarter outlook of ~$548 million fell well below consensus, triggering a 14% share plunge to a 52-week low.
1. Q4 Financial Results
Shift4 Payments delivered Q4 gross revenue of $1.19 billion, up 34% year-over-year, missing the $1.20 billion analyst target by $10 million. Adjusted EPS came in at $1.60, slightly below the $1.62 consensus and up from $1.35 a year earlier.
2. Q4 Operating Metrics
End-to-end payment volume rose 23% to $59 billion, edging past the $58.1 billion estimate. Subscription and other revenues reached $145 million (+26.5% y/y), while payments-based revenue grew 19% to $919 million.
3. 2026 Financial Guidance
For fiscal 2026, the company forecasts gross revenue excluding network fees of $2.5–2.6 billion versus a $5.2 billion consensus, and adjusted EPS of $5.50–$5.70 versus $6.47. First-quarter revenue is projected near $548 million, roughly 52% below Wall Street estimates.
4. Stock Performance
Following the softer outlook, shares plunged 14% and hit a new 52-week low near $50. Investors reacted sharply to the guidance gap despite robust Q4 growth metrics.