Every material Form 8-K Shift4 filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Shift4 Payments reported Q3 2026 gross revenue of $1,319 million, up 12% year over year, and net income of $40 million, or $0.37 per diluted share. The company cut its full-year 2026 guidance for gross revenue less network fees to $2.45 billion to $2.46 billion and for Adjusted EBITDA to $1.11 billion to $1.13 billion, about 4% and 6% below its original outlook, while affirming Adjusted Free Cash Flow of $465 million to $475 million.
Q3 2026 gross revenue was $1,319 million, up 12% year over year; gross revenue less network fees was $648 million, up 10%.
Q3 2026 net income was $40 million; Adjusted EBITDA was $310 million, up 6% year over year.
Full-year 2026 guidance: gross revenue less network fees lowered to $2.45 billion to $2.46 billion; Adjusted EBITDA lowered to $1.11 billion to $1.13 billion; Volume set at $240 billion to $250 billion.
Adjusted Free Cash Flow for Q3 2026 was $200 million, and full-year Adjusted Free Cash Flow guidance of $465 million to $475 million was affirmed.
Shift4 Payments reported second-quarter 2026 gross revenue of $1,295 million, up 34% year over year, but net income fell to $24 million from $41 million a year earlier. The company lowered the midpoint of its full-year 2026 gross revenue less network fees guidance by about 200 basis points, citing roughly $25 million of Middle East-related travel disruption and about $20 million of foreign exchange translation impact.
Q2 2026 gross revenue was $1,295 million (+34% YoY); gross revenue less network fees was $624 million (+51% YoY, +11% organic).
Net income was $24 million, or $0.08 per Class A share; non-GAAP EPS was $1.32. Adjusted EBITDA was $284 million (+39% YoY).
Net cash from operating activities was $63 million (-56% YoY) and Adjusted Free Cash Flow was $21 million (-82% YoY).
Full-year 2026 gross revenue less network fees guidance is now $2.48 billion to $2.53 billion, with the midpoint lowered about 200 basis points.
Shift4 Payments disclosed that on July 8, 2026, a subsidiary entered into Amendment No. 4 to its first lien credit agreement, adding a $1.0 billion incremental senior secured term loan and extending the revolving credit facility maturity to July 8, 2031. As of July 8, 2026, outstanding term loan borrowings totaled $1,995,006,250 and revolving borrowings were $0, so the change increases the company's secured debt load while pushing out revolver maturity.
Incremental $1.0 billion senior secured term loan, fungible with existing Amendment No. 3 Refinancing Term Loans
Revolving credit facility maturity extended to July 8, 2031
Outstanding term loan borrowings of $1,995,006,250 and no revolving loans outstanding as of July 8, 2026
Proceeds to pay transaction fees and costs and for general corporate purposes
Shift4 Payments reported first-quarter 2026 results, with gross revenue of $1.1 billion, up 32% year over year, and gross profit of $370 million, up 54%. The company reported a net income of $12 million, or a loss of $(0.01) per share on a GAAP basis, and left its full-year 2026 guidance unchanged while adding guidance for the coming quarters.
Gross revenue of $1,121 million, up 32% from Q1 2025; gross revenue less network fees of $549 million, up 49% (11% organic)
Net income of $12 million; GAAP net loss per Class A and C share of $(0.01); non-GAAP EPS of $0.97
Adjusted EBITDA of $234 million, up 39%; Adjusted Free Cash Flow of $88 million, up 26%
Full-year 2026 guidance left unchanged, including Adjusted EBITDA of $1.165 billion to $1.215 billion; new guidance introduced for the upcoming three quarters
Shift4 Payments disclosed that Chief Accounting Officer James Whalen will leave the company effective April 3, 2026, to take a Chief Accounting Officer role at a company outside the fintech industry. The company said the departure was not related to any disagreement or to its operations, policies or practices, and that Chief Financial Officer Christopher N. Cruz will become principal accounting officer with Filippos Mintiloglitis as interim Chief Accounting Officer.
James ("Jay") Whalen announced his resignation on March 3, 2026; his last day is effective April 3, 2026.
Christopher N. Cruz, Chief Financial Officer, will be designated principal accounting officer on the effective date.
Filippos Mintiloglitis will serve as interim Chief Accounting Officer, and CEO Taylor Lauber cited his prior role in Global Blue's public company reporting.
Shift4 Payments reported fourth-quarter and full-year 2025 results, with Q4 gross revenue of $1,189 million (up 34%), gross profit of $429 million (up 58%), and gross revenue less network fees of $610 million (up 51%). The company also introduced 2026 guidance calling for 26%-31% gross revenue less network fee growth, while GAAP net income was $53 million and GAAP diluted EPS was $0.36 for the quarter.
Q4 2025 gross revenue less network fees of $610 million, up 51% from Q4 2024
Q4 2025 net income of $53 million; GAAP diluted EPS of $0.36; non-GAAP EPS of $1.60
Q4 2025 Adjusted EBITDA of $304 million, up 48%, with a 50% Adjusted EBITDA margin
2026 guidance calls for 26%-31% gross revenue less network fee growth
Shift4 Payments entered a Transaction Agreement dated February 7, 2026 with Jared Isaacman, Shift4 LLC and Rook Holdings to collapse its Up-C structure through a taxable exchange. The company says the deal relieves it of an estimated $440 million of future tax receivable agreement payments and removes a stockholder with majority voting power. Isaacman, who resigned as Executive Chairman after becoming NASA Administrator, received $191.8 million in value under the agreement.
Transaction Agreement dated February 7, 2026; Isaacman was sworn in as NASA Administrator on December 18, 2025 and resigned as Executive Chairman.
Company expects to be relieved of an estimated $440 million of future TRA payments and gains assignment of Rook's TRA rights.
Isaacman received $191.8 million in value: about $138.8 million in cash, 423,296 mandatory convertible preferred shares, and deemed satisfaction of an equity funding obligation.
Isaacman agreed to a five-year non-compete with the company.
On January 5, 2026, subsidiary Shift4, LLC amended its First Lien Credit Agreement to replace all outstanding term loans with new Amendment No. 3 Refinancing Term Loans. The interest rate margins on those loans fell, which lowers the borrowing cost on the company's term debt. As of January 5, 2026, $997.5 million of these term loans was outstanding and the revolving loans were undrawn.
Amendment No. 3 was entered into January 5, 2026, with Goldman Sachs Bank USA as administrative agent
SOFR-based term loan margin cut from 2.50%-2.75% to 2.00% per annum
Alternate base rate loan margin cut from 1.50%-1.75% to 1.00% per annum
$997.5 million of refinancing term loans outstanding; $0 drawn on revolving loans
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Shift4 filing is on SEC EDGAR ↗. 8-K briefs of other companies →