---
schema_version: "secwatch.filing_event.v1"
accession: "0001794669-25-000017"
form_type: "8-K"
ticker: "FOUR"
cik: "0001794669"
company_name: "Shift4 Payments, Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:00:51.682428+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shift4 Q1 records: volume $45B, GRLNF $369M, adj EBITDA $169M; raises FY guide

## Summary
- Q1 payment volume $45.0B (+35% YoY); gross revenue less network fees $369M (+40% YoY); adj EBITDA $169M (+38% YoY).
- Net income $19.5M; adjusted net income $98.6M ($1.07 diluted EPS). Gross profit $240.7M (+37% YoY).
- Raised FY2025 guidance by $10M on both GRLNF and adj EBITDA; Global Blue closing expected early Q3.
- New wins: Setai, Aspen Hospitality, Formula One Miami GP, PGA Tour, Pittsburgh Pirates, Colorado Rockies, Boston Red Sox.
- Blended spreads stable at 61bps; free cash flow conversion 42%; volume backlog >$35B.

## SEC filing metadata
- accession: 0001794669-25-000017
- form_type: 8-K
- ticker: FOUR
- cik: 0001794669
- company_name: Shift4 Payments, Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794669/000179466925000017/0001794669-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794669/000179466925000017/four-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794669-25-000017
- JSON: https://secwatch.observer/filing/0001794669-25-000017.json
- Plain text: https://secwatch.observer/filing/0001794669-25-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.