Shake Shack Financial Statements
NYSE: SHAKConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shake Shack revenue and earnings
In fiscal 2025, Shake Shack generated $1.45 billion in revenue, up 15.4% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $45.7 million (+348.0% year over year), for a net margin of 3.2% versus a median of -0.6% in the prior 5 years. Operating margin was 4.3%.
Diluted earnings per share came in at $1.09, up from $0.24. Over the last 5 fiscal years, SHAK's revenue has grown at a 22.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Shake Shack income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-25 | FY 20232023-12-27 | FY 20222022-12-28 | FY 20212021-12-29 | FY 20202020-12-30 | FY 20192019-12-25 | FY 20182018-12-26 | FY 20172017-12-27 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.45B | 1.25B | 1.09B | 900.49M | 739.89M | 522.87M | 594.52M | 459.31M | 358.81M |
| Revenue growth (YoY) | +15.38% | +15.18% | +20.77% | +21.70% | +41.51% | -12.05% | +29.44% | +28.01% | — |
| Operating Expenses | 1.38B | 1.25B | 1.08B | 927.38M | 755.75M | 566.74M | 568.83M | 427.60M | 325.00M |
| Operating Income | 62.51M | 3.04M | 5.92M | -26.89M | -15.85M | -43.88M | 25.68M | 31.71M | 33.81M |
| Interest Expense | 2.16M | 2.04M | 1.72M | 1.52M | 1.58M | 815.00K | 434.00K | 2.42M | 1.64M |
| Other Income (Expense) | 12.26M | 13.25M | 12.78M | 4.13M | 95.00K | -786.00K | 2.26M | 1.51M | 128.12M |
| Pretax Income | 72.61M | 14.24M | 16.98M | -24.29M | -17.34M | -45.48M | 27.51M | 30.81M | 160.29M |
| Income Tax | 22.90M | 3.42M | -4.01M | -1.18M | -11.32M | 57.00K | 3.39M | 8.86M | 151.41M |
| Net Income | 45.73M | 10.21M | 20.26M | -21.23M | -4.56M | -42.16M | 19.83M | 15.18M | -320.00K |
| Net Income growth (YoY) | +347.98% | -49.63% | — | — | — | -312.63% | +30.62% | — | — |
| EPS (Basic) | 1.14 | 0.26 | 0.51 | -0.54 | -0.12 | -1.14 | 0.63 | 0.54 | -0.01 |
| EPS (Diluted) | 1.09 | 0.24 | 0.48 | -0.54 | -0.12 | -1.14 | 0.61 | 0.52 | -0.01 |
| Shares Outstanding (Basic) | 40.21M | 39.83M | 39.42M | 39.24M | 39.09M | 37.13M | 31.38M | 28.30M | 25.88M |
| Shares Outstanding (Diluted) | 41.85M | 44.20M | 43.90M | 39.24M | 39.09M | 37.13M | 32.25M | 29.18M | 25.88M |
| EBITDA | 169.11M | 105.51M | 97.16M | 45.90M | 43.14M | 4.92M | 66.08M | 60.71M | 55.52M |
| Operating Margin | 4.32% | 24.00% | 54.00% | -2.99% | -2.14% | -8.39% | 4.32% | 6.90% | 9.42% |
| Net Margin | 3.16% | 81.00% | 1.86% | -2.36% | -62.00% | -8.06% | 3.33% | 3.30% | -9.00% |
This table shows 9 annual periods of Shake Shack's income statement, from FY 2025 back to FY 2017, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow SHAK's reporting calendar. What is a income statement?