Shake Shack Inc. (SHAK)

Shake Shack Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,088	900.49	739.89	522.87	594.52
Revenue Growth (YoY)	20.77%	21.70%	41.51%	-12.05%	29.44%
Cost of Revenue	384.89	330.09	277.49	204.93	216.63
Gross Profit	702.65	570.39	462.4	317.94	377.89
Selling, General & Admin	433.8	377.37	302.31	221.06	226.46
Other Operating Expenses	262.93	219.92	175.95	140.75	125.75
Operating Expenses	696.73	597.29	478.26	361.82	352.21
Operating Income	5.92	-26.89	-15.85	-43.88	25.69
Interest Expense / Income	1.72	1.52	1.58	0.82	0.43
Other Expense / Income	-12.05	-6	-1.55	-2.59	2.04
Pretax Income	16.25	-22.41	-15.88	-42.1	23.21
Income Tax	-4.01	-1.18	-11.32	0.06	3.39
Net Income	20.26	-21.23	-4.56	-42.16	19.83
Net Income Growth	-	-	-	-	30.62%
Shares Outstanding (Basic)	42	42	42	41	38
Shares Change	0.36%	0.21%	1.50%	10.45%	1.24%
EPS (Basic)	0.51	-0.54	-0.12	-1.14	0.63
EPS (Diluted)	0.48	-0.54	-0.12	-1.14	0.61
EPS Growth	-	-	-	-	17.31%
Free Cash Flow	-14.03	-65.82	-43.09	-31.69	-16.65
Free Cash Flow Per Share	-0.33	-1.56	-1.02	-0.77	-0.44
Gross Margin	64.61%	63.34%	62.50%	60.81%	63.56%
Operating Margin	0.54%	-2.99%	-2.14%	-8.39%	4.32%
Profit Margin	1.86%	-2.36%	-0.62%	-8.06%	3.33%
Free Cash Flow Margin	-1.29%	-7.31%	-5.82%	-6.06%	-2.80%
Effective Tax Rate	-24.67%	-	-	-	14.59%
EBITDA	178.79	112.21	96.82	53.87	104.42
EBITDA Margin	16.44%	12.46%	13.09%	10.30%	17.56%
Depreciation & Amortization	160.82	133.1	111.12	95.16	80.77
EBIT	17.97	-20.89	-14.3	-41.29	23.65
EBIT Margin	1.65%	-2.32%	-1.93%	-7.90%	3.98%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).