v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 3,029.3 $ 1,211.9
Settlement assets 312.2 298.1
Accounts receivable, net 372.7 348.7
Prepaid expenses and other current assets 65.2 51.7
Total current assets 3,779.4 1,910.4
Noncurrent assets    
Equipment for lease, net 192.9 165.1
Property, plant and equipment, net 22.2 27.2
Right-of-use assets 33.6 36.9
Collateral held by the card networks 41.4 37.5
Goodwill 1,517.7 1,455.6
Other intangible assets, net 970.4  
Deferred tax assets 391.6 396.8
Other noncurrent assets 41.4 31.0
Total assets 6,990.6 5,041.4
Current liabilities    
Current portion of debt 688.6 686.9
Settlement liabilities 308.2 293.3
Accounts payable 284.6 248.3
Accrued expenses and other current liabilities 161.7 120.5
Current portion of TRA liability 25.8 4.3
Deferred revenue 12.9 15.5
Current lease liabilities 10.8 11.0
Total current liabilities 1,492.6 1,379.8
Noncurrent liabilities    
Long-term debt 3,043.2 2,154.1
Noncurrent portion of TRA liability 336.4 361.2
Deferred tax liabilities 40.8 60.6
Noncurrent lease liabilities 26.0 29.3
Other noncurrent liabilities 32.8 38.7
Total liabilities 4,971.8 4,023.7
Redeemable noncontrolling interests 28.2 0.0
Stockholders' equity    
Additional paid-in capital 852.4 1,063.0
Accumulated other comprehensive income (loss) 62.9 (28.2)
Retained deficit (296.4) (228.2)
Total stockholders' equity attributable to Shift4 Payments, Inc. 1,592.5 806.6
Non-redeemable noncontrolling interests 398.1 211.1
Total stockholders' equity 1,990.6 1,017.7
Total liabilities, redeemable noncontrolling interests and stockholders' equity 6,990.6 5,041.4
Residual commission buyouts, net    
Noncurrent assets    
Other intangible assets, net 119.3 157.2
Capitalized customer acquisition costs, net    
Noncurrent assets    
Other intangible assets, net 72.4 65.3
Other intangible assets, net    
Noncurrent assets    
Other intangible assets, net 778.7 758.4
Series A Convertible Preferred Stock    
Stockholders' equity    
Series A Mandatory Convertible Preferred Stock, $0.0001 par value, 10,000,000 and no shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 973.6 0.0
Class A common stock    
Stockholders' equity    
Common stock 0.0 0.0
Class B Common Stock    
Stockholders' equity    
Common stock 0.0 0.0
Class C common stock    
Stockholders' equity    
Common stock $ 0.0 $ 0.0

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