Shift4 Payments Q1 gross profit rises 54%, helped by international expansion

Shift4 Payments

07/05/2026 12:29

Overview

Payment technology provider's Q1 gross profit rose 54% yr/yr to $370 mln

Q1 net income reached $12 mln

Company attributed results to resilient operations amid volatility and global travel impacts

Outlook

Shift4 Payments leaves full-year guidance unchanged amid current market volatility

Company introduces quarterly guidance to address seasonal trends post-Global Blue acquisition

Shift4 Payments says competitive dynamics remain largely unchanged across major verticals

Result Drivers

INTERNATIONAL EXPANSION - Co said worldwide payments based revenue grew 51% yr/yr, with strong customer adds across Europe and early success in luxury, fashion and cosmetics

VERTICAL GROWTH - Shift4 Dine product grew active merchants by over 40% yr/yr, and resort customers remain strong in hotels

DIVERSIFIED REVENUE STREAMS - Co said revenue streams are well-diversified and ability to drive sustainable, profitable growth has never been greater

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted Net Income
$90 mln
Q1 Net Income
$12 mln
Q1 Gross Profit
$370 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Shift4 Payments, Inc is $60.00, about 39.9% above its May 6 closing price of $42.88

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)