Financials in USD. Standardized financial statements.
A compact view of how Shake Shack Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.45B | $1.25B | $1.09B | $900.49M | $739.89M | $522.87M | $594.52M | $459.31M | $358.81M | $268.48M |
| Revenue Growth? | +15.4% | +15.2% | +20.8% | +21.7% | +41.5% | -12.1% | +29.4% | +28.0% | +33.6% | 0.0% |
| Cost of Revenue? | $1.19B | $678.69M | $609.29M | $518.94M | $433.38M | $310.15M | $328.99M | $248.19M | $190.08M | $139.29M |
| Gross Profit? | $259.80M | $573.92M | $478.24M | $381.54M | $306.52M | $212.72M | $265.53M | $211.12M | $168.73M | $129.18M |
| Gross Margin? | +18.0% | +45.8% | +44.0% | +42.4% | +41.4% | +40.7% | +44.7% | +46.0% | +47.0% | +48.1% |
| Operating Expenses? | $174.04M | $570.88M | $472.32M | $408.44M | $322.37M | $256.59M | $239.85M | $179.41M | $134.92M | $101.38M |
| Operating Income? | $85.76M | $3.04M | $5.92M | -$26.89M | -$15.85M | -$43.88M | $25.68M | $31.71M | $33.81M | $27.80M |
| EBITDA? | $181.37M | $120.89M | $111.74M | $51.53M | $44.48M | $5.58M | $68.65M | $62.23M | $183.64M | $43.37M |
| Income Before Tax | $72.61M | $14.24M | $16.98M | -$24.29M | -$17.34M | -$45.48M | $27.51M | $30.81M | $160.29M | $28.50M |
| Income Tax Expense | $22.90M | $3.42M | -$4.01M | -$1.18M | -$11.32M | $57,000 | $3.39M | $8.86M | $151.41M | $6.35M |
| Net Income? | $45.73M | $10.21M | $20.26M | -$21.23M | -$4.56M | -$42.16M | $19.83M | $15.18M | -$320,000 | $12.45M |
| EPS? | $1.14 | $0.26 | $0.51 | $-0.66 | $-0.22 | $-1.23 | $0.63 | $0.54 | $-0.09 | $0.54 |
| Diluted EPS? | $1.09 | $0.24 | $0.46 | $-0.66 | $-0.22 | $-1.23 | $0.61 | $0.52 | $-0.09 | $0.53 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality