secwatch.observer — SEC 8-K summary
======================================

Issuer:     Shift4 Payments, Inc. (FOUR)
CIK:        0001794669
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001794669-25-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794669/000179466925000017/0001794669-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794669/000179466925000017/four-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001794669-25-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer