EarningsQ2 2026 Earnings Report
MX:FOUR Q2 2026 EPS Results
Actual EPS$22.45
Consensus EPS$21.40
Beat/MissBeat by +$1.05
One Year Ago EPS$18.71
MX:FOUR Q2 2026 Revenue Results
Actual Revenue$22.03B
Expected Revenue$10.47B
Beat/MissBeat by +$11.55B
YoY Revenue Growth+34.03%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeBefore Open
Conference CallThursday, August 6, 2026
MX:FOUR Upcoming Earnings
Shift4 Payments's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:FOUR Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operating and financial picture: notable outperformance versus guidance, double‑digit organic growth, high margins (46% adjusted EBITDA) and accelerating international momentum. Key strategic initiatives (Shift4 One, Shift4 Dine, Global Blue integration, product investments) are advancing and should drive future expansion. Near‑term headwinds include travel disruption from the Middle East conflict, FX translation effects, elevated interest expense from recent debt actions, and deliberate investment costs to scale Global Blue internationally. Management has provided transparent guidance adjustments and a plan to manage leverage. Overall, the positives (revenue/EBITDA beats, margin strength, international scale, product innovation and disciplined capital allocation) materially outweigh the near‑term challenges.Company Guidance
Strong Top-Line Growth and Beats
Gross revenue of $1.29B, up 34% YoY, and gross revenue less network fees (GRLNF) of $624M, up 51% YoY; both results came in above guidance.
Robust Profitability and Cash Performance
Adjusted EBITDA of $284M, up 39% YoY at a 46% margin; adjusted free cash flow of $21M (versus $10M guide) and combined H1 free cash flow per share conversion of ~52%.
Volume and Spread Expansion
Payment volume of $61B, up 22% YoY, with blended spreads of ~65 basis points — within management's expectations and reflective of favorable mix.
Payments Growth by Geography
Payments-based revenue less network fees of $402M, up 27% YoY: Americas +19% YoY and worldwide ex‑Americas +53% YoY, highlighting international scaling.
International Product Rollouts and Scale
Shift4 One live in 12 countries (target 15+ by year-end); launched Shift4 Dine in Spain and Australia; management expects thousands of merchant additions monthly in near term.
Strategic Customer & Vertical Wins
New customer additions across hospitality, sports, entertainment and luxury retail including Buffalo Bills, Texas A&M, Massanutten Resort, Radisson Hotel Winnipeg, and luxury brands (Ralph Lauren, Burberry, Patagonia, Givenchy in Japan).
Record Technology Investment and Product Innovation
Record quarter for tech/product spend with next‑generation terminal app, dynamic currency conversion integration, multi-location and quick-service enhancements, and AI‑powered propensity models.
Cleaned Up Capital Structure and Liquidity Actions
Raised $1B Term Loan B to prefund Aug 2027 convertible note, extended revolver maturity to 2031; pro forma net leverage 3.7x with target to remain ≤3.75x and delever to low 3s by year-end.
Share Repurchase Progress
Repurchased ~650k shares in Q2 at ~$38 average; cumulative $625M deployed of $1B authorization, reducing non‑GAAP share count by ~11% for the authorization period.
Updated Full-Year Guidance
FY26 GRLNF guidance $2.48B–$2.53B (up 25%–28% YoY; FX‑neutral +24%–27%), adjusted EBITDA $1.15B–$1.18B (up 19%–22%), and adjusted free cash flow $465M–$475M (~40% conversion).
MX:FOUR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed