Earnings ·
Shift4 Reports Q3 Net Income of $40M, Adjusted EBITDA of $310M and Lowers Full-Year Revenue Guidance
FOURShift4 Payments, Inc.
Shift4 Payments reported net income of $40 million for the quarter ended September 30, 2026, with non-GAAP EPS of $1.49. Adjusted EBITDA reached $310 million, up 6% year over year, while gross revenue less network fees grew 10% to $648 million. The company raised its quarterly adjusted free cash flow record to $200 million but revised full-year 2026 guidance downward due to travel disruptions and macro headwinds. Full-year volume guidance is now $240-$250 billion, gross revenue less network fees is $2.45-$2.46 billion, and adjusted EBITDA is $1.11-$1.13 billion. Adjusted free cash flow remains affirmed at $465-$475 million. Shift4 Payments operates in the financial services industry, providing payment processing and technology solutions for merchants.