Company / R&D Expense
Shift4 R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$6.0M
FY2025
5-year range
$1.0M / $6.0M
FY2021-FY2025
Trend
+50.0%
vs FY2024
Sector context
#21 of 21
Financials
What the data says
Among 21 Financials companies, Shift4 is in the bottom 0% for r&d expense. R&D Expense has fluctuated over the past 8 years, ranging from $1M in FY2023 to $6M in FY2025.
Based on SEC 10-K filings.
$6M in FY2025 with a 5-year CAGR of +38.0%.
Improved from $1M to $6M over the past 2 years.
Financials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +71.0%
- 5-Year CAGR
- +38.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in FinancialsTop 100% of 21This company $6.0M Sector average $385.8M
▼
-98.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +38.0%, indicating consistent growth.
- In FY2025, r&d expense increased 50.0% year-over-year.
- Ranks #21 out of 21 companies in the Financials sector.
- Lowest r&d expense in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.71 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.0M | +50.0% |
| FY2024 | $4.0M | +300.0% |
| FY2023 | $1.0M | -16.7% |
| FY2022 | $1.2M | -33.3% |
| FY2021 | $1.8M | +50.0% |
| FY2020 | $1.2M | -25.0% |
| FY2019 | $1.6M | +0.0% |
| FY2018 | $1.6M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026