Shift4 delivered a record Q4 2024 with a 49% YoY increase in end-to-end payment volume, reaching $47.9 billion. Revenue grew 26% YoY, and net income surged over 625%. The company expanded into new geographies and secured major hospitality and sports partnerships.
Shift4 reported a strong Q3 2024, marked by record end-to-end payment volume of $43.5 billion, gross revenue less network fees of $365.1 million, and adjusted EBITDA of $187.4 million. The company expanded its adjusted EBITDA margin to 54% excluding recent M&A drag, secured major hospitality wins, and continued its impressive growth with SkyTab installations.
Shift4 reported a strong first quarter with a 50% year-over-year increase in end-to-end payment volume, reaching $33.4 billion. Gross revenue grew by 29% to $707.4 million, while adjusted EBITDA increased by 36% to $121.7 million. The company also provided quarter-by-quarter guidance for the remainder of the year and announced a new $500 million stock buyback authorization.
Shift4 Payments reported a strong first quarter, marked by significant growth in end-to-end volume, gross revenue, and gross revenue less network fees. The company generated net income of $20.4 million and increased Adjusted EBITDA by 102% over the same period last year. The Board has authorized a $250 million share buyback program.
Shift4 completed a strong quarter, setting new quarterly records for volume, Gross Profit, Gross Revenue less Network Fees, Net Income, Adjusted EBITDA, and Adjusted Free Cash Flow. The company grew end-to-end volume, gross profit, and gross revenue less network fees 53%, 118%, and 33%, respectively. Net income was $46.4 million and Adjusted EBITDA grew 53% for the quarter.
Shift4 Payments reported a strong first quarter, exceeding expectations. End-to-end payment volume increased by 68% year-over-year, driven by growth in core verticals and new customer acquisitions. The company reaffirms its 2022 guidance.
Shift4 Payments reported reasonably strong growth in Q3 2021, marked by a record end-to-end payment volume of $13.5 billion. The company reaffirmed and raised parts of its outlook for the year, setting bold expectations for 2022 and beyond, despite experiencing a notable service disruption and the impact of the COVID delta variant.
Shift4 Payments reported strong Q4 2020 results, with significant increases in end-to-end payment volume and gross revenue less network fees. The company demonstrated resilience and growth despite the ongoing pandemic, driven by its innovative solutions and strategic partnerships.
Shift4 Payments reported an 11% increase in gross revenue to $214.8 million for Q3 2020. End-to-end payment volume increased by 20% to $7.1 billion, resulting in gross revenue less network fees of $87.7 million. Adjusted EBITDA was $28.7 million, up 17% from the prior year period. The company also completed two acquisitions and strengthened its liquidity.
Shift4 Payments' Q2 2020 results showed a decrease in gross revenue due to the COVID-19 pandemic, but also highlighted the resilience of its merchant base with recovery in end-to-end payment volumes. The company reported a net loss, an adjusted net loss, and a decrease in adjusted EBITDA compared to the prior year period.