Shift4 Payments Inc
NYSE:FOUR
Income Statement
Earnings Waterfall
Shift4 Payments Inc
Revenue
|
2.6B
USD
|
Cost of Revenue
|
-1.9B
USD
|
Gross Profit
|
687.8m
USD
|
Operating Expenses
|
-485.3m
USD
|
Operating Income
|
202.5m
USD
|
Other Expenses
|
-116.3m
USD
|
Net Income
|
86.2m
USD
|
Income Statement
Shift4 Payments Inc
Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||
Revenue |
556
N/A
|
767
+38%
|
807
+5%
|
1 016
+26%
|
1 179
+16%
|
1 368
+16%
|
1 530
+12%
|
1 686
+10%
|
1 855
+10%
|
1 994
+7%
|
2 139
+7%
|
2 269
+6%
|
2 397
+6%
|
2 565
+7%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
(430)
|
(589)
|
(622)
|
(785)
|
(935)
|
(1 089)
|
(1 219)
|
(1 347)
|
(1 445)
|
(1 523)
|
(1 608)
|
(1 677)
|
(1 760)
|
(1 877)
|
|
Gross Profit |
127
N/A
|
178
+41%
|
184
+4%
|
231
+25%
|
244
+6%
|
278
+14%
|
311
+12%
|
339
+9%
|
410
+21%
|
470
+15%
|
531
+13%
|
592
+12%
|
637
+8%
|
688
+8%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(167)
|
(233)
|
(260)
|
(250)
|
(260)
|
(267)
|
(288)
|
(299)
|
(341)
|
(381)
|
(423)
|
(468)
|
(484)
|
(485)
|
|
Selling, General & Administrative |
(148)
|
(193)
|
(213)
|
(187)
|
(199)
|
(203)
|
(224)
|
(234)
|
(262)
|
(284)
|
(309)
|
(334)
|
(339)
|
(330)
|
|
Research & Development |
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Depreciation & Amortization |
(37)
|
(52)
|
(57)
|
(62)
|
(61)
|
(62)
|
(64)
|
(65)
|
(79)
|
(97)
|
(115)
|
(134)
|
(145)
|
(154)
|
|
Other Operating Expenses |
18
|
12
|
10
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(40)
N/A
|
(55)
-38%
|
(76)
-37%
|
(19)
+75%
|
(16)
+15%
|
11
N/A
|
24
+115%
|
40
+70%
|
69
+72%
|
89
+30%
|
108
+21%
|
125
+15%
|
153
+23%
|
203
+32%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
(32)
|
(40)
|
(33)
|
(28)
|
(28)
|
(28)
|
(29)
|
(30)
|
(28)
|
(7)
|
10
|
18
|
27
|
12
|
|
Non-Reccuring Items |
(19)
|
(19)
|
(50)
|
(38)
|
(43)
|
(60)
|
(41)
|
(40)
|
(9)
|
5
|
7
|
2
|
(36)
|
(88)
|
|
Total Other Income |
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(7)
|
|
Pre-Tax Income |
(91)
N/A
|
(114)
-25%
|
(159)
-40%
|
(85)
+47%
|
(87)
-3%
|
(77)
+11%
|
(46)
+40%
|
(29)
+38%
|
32
N/A
|
87
+176%
|
123
+42%
|
141
+14%
|
140
0%
|
120
-15%
|
|
Net Income | |||||||||||||||
Tax Provision |
1
|
2
|
2
|
7
|
6
|
3
|
10
|
3
|
3
|
(0)
|
(3)
|
2
|
2
|
3
|
|
Income from Continuing Operations |
(90)
|
(111)
|
(157)
|
(78)
|
(82)
|
(74)
|
(36)
|
(26)
|
35
|
87
|
120
|
142
|
142
|
123
|
|
Income to Minority Interest |
84
|
93
|
184
|
109
|
109
|
26
|
13
|
10
|
2
|
(12)
|
(23)
|
(30)
|
(41)
|
(37)
|
|
Net Income (Common) |
(6)
N/A
|
(19)
-218%
|
26
N/A
|
30
+16%
|
26
-14%
|
(49)
N/A
|
(23)
+53%
|
(16)
+31%
|
36
N/A
|
75
+106%
|
97
+30%
|
112
+15%
|
102
-9%
|
86
-15%
|
|
EPS (Diluted) |
-0.15
N/A
|
-0.43
-187%
|
0.49
N/A
|
0.35
-29%
|
0.46
+31%
|
-0.89
N/A
|
-0.4
+55%
|
-0.19
+53%
|
0.44
N/A
|
0.91
+107%
|
1.15
+26%
|
1.86
+62%
|
1.71
-8%
|
1.41
-18%
|