Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
75.82
+1.97 (2.67%)
At close: Aug 21, 2026, 4:00 PM EDT
75.81
-0.01 (-0.01%)
After-hours: Aug 21, 2026, 7:57 PM EDT
Shake Shack Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 25, 2024 | Dec '23 Dec 27, 2023 | Dec '22 Dec 28, 2022 | Dec '21 Dec 29, 2021 |
| 1,552 | 1,445 | 1,253 | 1,088 | 900.49 | 739.89 | |
Revenue Growth | 17.33% | 15.38% | 15.18% | 20.77% | 21.70% | 41.51% |
Cost of Revenue | 925.48 | 864.04 | 771.76 | 689.14 | 587.45 | 492.6 |
Gross Profit | 626.82 | 581.27 | 480.85 | 398.39 | 313.04 | 247.29 |
Selling, General & Admin | 196.85 | 176.23 | 149.05 | 129.54 | 120.01 | 86.97 |
Other Operating Expenses | 234.28 | 212.68 | 178.38 | 149.45 | 129.65 | 102.03 |
Operating Expenses | 567.81 | 513.51 | 445.44 | 389.46 | 337.51 | 261.28 |
Operating Income | 59.01 | 67.76 | 35.41 | 8.93 | -24.47 | -13.99 |
Interest Expense | -2.15 | -2.16 | -2.05 | -1.72 | -1.52 | -1.58 |
Interest & Investment Income | 0.19 | 0.17 | 0.76 | 2.89 | 1.03 | 0.3 |
Other Non Operating Income (Expenses) | 11.59 | 12.1 | 12.49 | 9.81 | 3.25 | 0.07 |
EBT Excluding Unusual Items | 68.64 | 77.86 | 46.61 | 19.91 | -21.7 | -15.19 |
Gain (Loss) on Sale of Investments | - | - | - | 0.08 | -0.16 | -0.28 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | -1.63 |
Asset Writedown | -3.6 | -5.25 | -32.37 | -3.01 | -2.43 | - |
Other Unusual Items | - | - | - | - | - | -0.23 |
Pretax Income | 65.04 | 72.61 | 14.24 | 16.98 | -24.29 | -17.34 |
Income Tax Expense | 21.74 | 22.9 | 3.42 | -4.01 | -1.18 | -11.32 |
Earnings From Continuing Operations | 43.3 | 49.71 | 10.82 | 20.99 | -23.11 | -6.02 |
Minority Interest in Earnings | -3.58 | -3.98 | -0.61 | -0.73 | 1.88 | 1.46 |
Net Income | 39.72 | 45.73 | 10.21 | 20.26 | -21.23 | -4.56 |
Net Income to Common | 39.72 | 45.73 | 10.21 | 20.26 | -21.23 | -4.56 |
Net Income Growth | 99.69% | 347.98% | -49.63% | - | - | - |
Shares Outstanding (Basic) | 40 | 40 | 40 | 39 | 39 | 39 |
Shares Outstanding (Diluted) | 42 | 42 | 44 | 44 | 39 | 39 |
Shares Change | -5.80% | -5.33% | 0.69% | 11.88% | 0.39% | 5.27% |
EPS (Basic) | 0.99 | 1.14 | 0.26 | 0.51 | -0.54 | -0.12 |
EPS (Diluted) | 0.95 | 1.09 | 0.24 | 0.48 | -0.54 | -0.12 |
EPS Growth | 105.16% | 345.30% | -48.81% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 25, 2024 | Dec '23 Dec 27, 2023 | Dec '22 Dec 28, 2022 | Dec '21 Dec 29, 2021 |
Free Cash Flow | -11.72 | 56.51 | 35.66 | -14.03 | -65.82 | -43.09 |
Free Cash Flow Per Share | -0.28 | 1.35 | 0.81 | -0.32 | -1.68 | -1.10 |
Gross Margin | 40.38% | 40.22% | 38.39% | 36.63% | 34.76% | 33.42% |
Operating Margin | 3.80% | 4.69% | 2.83% | 0.82% | -2.72% | -1.89% |
Profit Margin | 2.56% | 3.16% | 0.81% | 1.86% | -2.36% | -0.62% |
Free Cash Flow Margin | -0.76% | 3.91% | 2.85% | -1.29% | -7.31% | -5.82% |
EBITDA | 172.36 | 174.36 | 137.87 | 100.17 | 48.33 | 45 |
EBITDA Margin | 11.10% | 12.06% | 11.01% | 9.21% | 5.37% | 6.08% |
D&A For EBITDA | 113.35 | 106.6 | 102.47 | 91.24 | 72.8 | 58.99 |
EBIT | 59.01 | 67.76 | 35.41 | 8.93 | -24.47 | -13.99 |
EBIT Margin | 3.80% | 4.69% | 2.83% | 0.82% | -2.72% | -1.89% |
Effective Tax Rate | 33.43% | 31.54% | 24.04% | - | - | - |
Revenue as Reported | 1,552 | 1,445 | 1,253 | 1,088 | 900.49 | 739.89 |
Advertising Expenses | - | 34.14 | 22.17 | 12.44 | 12.38 | 5.68 |