SHIFT4 PAYMENTS, INC. (FOUR) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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SHIFT4 PAYMENTS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $36,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $274,000,000.00Equity-based compensation expense → Operating adjustments reconciliation: $47,000,000.00Accrued expenses and other liabilities → Operating adjustments reconciliation: $30,000,000.00Provision for bad debts → Operating adjustments reconciliation: $13,000,000.00Amortization of capitalized financing costs, net of premium accretion → Operating adjustments reconciliation: $5,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $161,000,000.00Operating adjustments reconciliation → Accounts receivable: $76,000,000.00Operating adjustments reconciliation → Accounts payable: $44,000,000.00Operating adjustments reconciliation → Capitalized customer acquisition costs: $32,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $30,000,000.00Operating adjustments reconciliation → Deferred income taxes: $21,000,000.00Operating adjustments reconciliation → Unrealized foreign exchange losses (gains): $3,000,000.00Operating adjustments reconciliation → Gain on investments in securities: $2,000,000.00Acquisitions, net of cash acquired → investing reconciliation: $71,000,000.00investing reconciliation → Acquisition of equipment to be leased: $68,000,000.00investing reconciliation → Capitalized software development costs: $60,000,000.00investing reconciliation → Deposits with sponsor bank, net: $17,000,000.00investing reconciliation → Acquisition of property and equipment: $12,000,000.00investing reconciliation → Residual commission buyouts: $3,000,000.00Net cash used in financing activities → financing reconciliation: $518,000,000.00Settlement line of credit → financing reconciliation: $17,000,000.00financing reconciliation → Repurchases of Class A common stock: $321,000,000.00financing reconciliation → Distributions to noncontrolling interests: $141,000,000.00financing reconciliation → Payments of preferred dividends: $31,000,000.00financing reconciliation → TRA liability payments and other financing activities: $21,000,000.00financing reconciliation → Payments for withholding tax related to vesting of restricted stock units: $10,000,000.00financing reconciliation → Acquisition of noncontrolling interests: $6,000,000.00financing reconciliation → Deferred financing costs: $3,000,000.00financing reconciliation → Repayment of debt: $2,000,000.00Net cash used in investing activities → investing reconciliation: $89,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,185,000,000.00Net cash from operating activities → Cash sources and uses: $197,000,000.00Cash sources and uses → Exchange-rate effect: $14,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $761,000,000.00Cash sources and uses → Net cash used in investing activities: $89,000,000.00Cash sources and uses → Net cash used in financing activities: $518,000,000.00Net income: $36,000,000.00Net income+$36.00 MDepreciation and amortization: $274,000,000.00Depreciation & amortization+$274.00 MEquity-based compensation expense: $47,000,000.00Stock-based compensation+$47.00 MRevaluation of contingent liabilities: $0.00Gain on investments in securities: -$2,000,000.00Investment gain & loss−$2.00 MChange in TRA liability: $0.00Amortization of capitalized financing costs, net of premium accretion: $5,000,000.00Debt issuance cost amortization+$5.00 MLoss on extinguishment of debt: $0.00Provision for bad debts: $13,000,000.00Credit loss provision+$13.00 MDeferred income taxes: -$21,000,000.00Deferred taxes & credits−$21.00 MUnrealized foreign exchange losses (gains): -$3,000,000.00Unrealized FX gain & loss−$3.00 MAccounts receivable: -$76,000,000.00Accounts receivable−$76.00 MPrepaid expenses and other assets: -$30,000,000.00Prepaid & other current, net−$30.00 MCapitalized customer acquisition costs: -$32,000,000.00Customer acquisition costs−$32.00 MAccounts payable: -$44,000,000.00Accounts payable−$44.00 MAccrued expenses and other liabilities: $30,000,000.00Accrued & other liabilities+$30.00 MPayments on contingent liabilities in excess of initial fair value: $0.00Net cash from operating activities: $197,000,000.00Operating cash+$197.00 MOperating adjustments reconciliation: $369,000,000.00Proceeds from long-term debt: $0.00Proceeds from preferred stock: $0.00Repayment of debt: -$2,000,000.00Repayment of debt−$2.00 MDeferred financing costs: -$3,000,000.00Financing costs paid−$3.00 MSettlement line of credit: $17,000,000.00Settlement line of credit+$17.00 MSettlement activity, net: $0.00Acquisition of noncontrolling interests: -$6,000,000.00Paid to noncontrolling interests−$6.00 MRepurchases of Class A common stock: -$321,000,000.00Common stock repurchases−$321.00 MPayments for withholding tax related to vesting of restricted stock units: -$10,000,000.00Stock-award tax withholding−$10.00 MPayments of preferred dividends: -$31,000,000.00Preferred dividends paid−$31.00 MPayments on contingent liabilities: $0.00Distributions to noncontrolling interests: -$141,000,000.00Distributions to affiliates−$141.00 MTRA liability payments and other financing activities: -$21,000,000.00TRA liability & other paid−$21.00 MNet cash used in financing activities: -$518,000,000.00. Cash required to fund net payments.Financing cash−$518.00 Mfinancing reconciliation: $535,000,000.00Acquisitions, net of cash acquired: $71,000,000.00Acquisitions, net of cash+$71.00 MAcquisition of equipment to be leased: -$68,000,000.00Lease equipment purchases−$68.00 MCapitalized software development costs: -$60,000,000.00Capitalized software development−$60.00 MAcquisition of property and equipment: -$12,000,000.00PP&E purchases−$12.00 MDeposits with sponsor bank, net: -$17,000,000.00Bank deposits, net−$17.00 MResidual commission buyouts: -$3,000,000.00Residual commission buyouts−$3.00 MInvestments in securities: $0.00Proceeds from sale of investments in securities: $0.00Net cash used in investing activities: -$89,000,000.00. Cash required to fund net payments.Investing cash−$89.00 Minvesting reconciliation: $160,000,000.00Cash sources and uses: $1,382,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,185,000,000.00Beginning cash$1.19 BEnding cash: Cash, cash equivalents, and restricted cash: $761,000,000.00Ending cash$761.00 MExchange-rate effect: -$14,000,000.00FX effect−$14.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$185.00 MOperating cash − cash spent on PP&ECash flow / Net income5.47×Operating cash flow ÷ net incomeNet cash change−$424.00 MEnding cash − beginning cash
Chart details

SHIFT4 PAYMENTS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,185,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
197,000,000 US dollars. Net cash provided.
Net income
36,000,000 US dollars
Depreciation and amortization
274,000,000 US dollars
Equity-based compensation expense
47,000,000 US dollars
Revaluation of contingent liabilities
0 US dollars
Gain on investments in securities
negative 2,000,000 US dollars
Change in TRA liability
0 US dollars
Amortization of capitalized financing costs, net of premium accretion
5,000,000 US dollars
Loss on extinguishment of debt
0 US dollars
Provision for bad debts
13,000,000 US dollars
Deferred income taxes
negative 21,000,000 US dollars
Unrealized foreign exchange losses (gains)
negative 3,000,000 US dollars
Accounts receivable
negative 76,000,000 US dollars
Prepaid expenses and other assets
negative 30,000,000 US dollars
Capitalized customer acquisition costs
negative 32,000,000 US dollars
Accounts payable
negative 44,000,000 US dollars
Accrued expenses and other liabilities
30,000,000 US dollars
Payments on contingent liabilities in excess of initial fair value
0 US dollars
Investing activities
negative 89,000,000 US dollars. Net cash used.
Acquisitions, net of cash acquired
71,000,000 US dollars
Acquisition of equipment to be leased
negative 68,000,000 US dollars
Capitalized software development costs
negative 60,000,000 US dollars
Acquisition of property and equipment
negative 12,000,000 US dollars
Deposits with sponsor bank, net
negative 17,000,000 US dollars
Residual commission buyouts
negative 3,000,000 US dollars
Investments in securities
0 US dollars
Proceeds from sale of investments in securities
0 US dollars
Financing activities
negative 518,000,000 US dollars. Net cash used.
Proceeds from long-term debt
0 US dollars
Proceeds from preferred stock
0 US dollars
Repayment of debt
negative 2,000,000 US dollars
Deferred financing costs
negative 3,000,000 US dollars
Settlement line of credit
17,000,000 US dollars
Settlement activity, net
0 US dollars
Acquisition of noncontrolling interests
negative 6,000,000 US dollars
Repurchases of Class A common stock
negative 321,000,000 US dollars
Payments for withholding tax related to vesting of restricted stock units
negative 10,000,000 US dollars
Payments of preferred dividends
negative 31,000,000 US dollars
Payments on contingent liabilities
0 US dollars
Distributions to noncontrolling interests
negative 141,000,000 US dollars
TRA liability payments and other financing activities
negative 21,000,000 US dollars
Operating adjustment reconciliation
369,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
535,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
160,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 14,000,000 US dollars
Ending cash on Jun 30, 2026
761,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,382,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 424,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
5.47×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
197,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
12,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
185,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $161.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 197,000,000 US dollars minus 12,000,000 US dollars equals 185,000,000 US dollars.
SHIFT4 PAYMENTS, INC. (FOUR) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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