Shake Shack Quarterly Income Statement
NYSE: SHAKConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shake Shack revenue and earnings
In the quarter ended Jul 1, 2026, Shake Shack generated $417.6 million in revenue, up 17.2% from the same quarter a year earlier. Net income was $15.7 million (-8.6% year over year), for a net margin of 3.8% versus a median of 3.0% in the prior 5 quarters. Operating margin was 5.0%.
Diluted earnings per share came in at $0.37, down from $0.41.
Summary generated from market data by MetaCap's automated system. Methodology
Shake Shack income statement (quarterly)
| Quarter (USD) | Q2 20262026-07-01 | Q1 20262026-04-01 | Q4 20252025-12-31 | Q3 20252025-09-24 | Q2 20252025-06-25 | Q1 20252025-03-26 | Q4 20242024-12-25 | Q3 20242024-09-25 | Q2 20242024-06-26 | Q1 20242024-03-27 | Q4 20232023-12-27 | Q3 20232023-09-27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 417.62M | 366.74M | 400.53M | 367.41M | 356.47M | 320.90M | 328.68M | 316.92M | 316.50M | 290.50M | 286.24M | 276.21M |
| Revenue growth (YoY) | +17.16% | +14.28% | +21.86% | +15.93% | +12.63% | +10.46% | +14.83% | +14.74% | +16.44% | +14.70% | +20.00% | +21.24% |
| Operating Expenses | 396.87M | 369.37M | 381.79M | 348.86M | 334.09M | 318.06M | 318.47M | 334.91M | 305.71M | 290.47M | 287.54M | 270.55M |
| Operating Income | 20.75M | -2.63M | 18.74M | 18.55M | 22.37M | 2.84M | 10.21M | -17.99M | 10.78M | 34.00K | -1.29M | 5.66M |
| Interest Expense | 553.00K | 548.00K | 544.00K | 504.00K | 548.00K | 563.00K | 512.00K | 498.00K | 527.00K | 508.00K | 476.00K | 433.00K |
| Other Income (Expense) | 2.60M | 2.74M | 3.34M | 3.10M | 2.85M | 2.97M | 3.24M | 3.50M | 3.30M | 3.21M | 3.27M | 3.44M |
| Pretax Income | 22.80M | -439.00K | 21.54M | 21.15M | 24.68M | 5.25M | 12.94M | -14.98M | 13.55M | 2.73M | 1.50M | 8.66M |
| Income Tax | 5.91M | -145.00K | 8.54M | 7.44M | 6.19M | 737.00K | 3.61M | -3.87M | 3.17M | 518.00K | -5.75M | 529.00K |
| Net Income | 15.68M | -290.00K | 11.83M | 12.50M | 17.15M | 4.25M | 8.71M | -10.21M | 9.67M | 2.04M | 7.22M | 7.63M |
| Net Income growth (YoY) | -8.56% | -106.83% | +35.83% | — | +77.37% | +108.09% | +20.59% | -233.88% | +39.15% | — | — | — |
| EPS (Basic) | 0.39 | -0.01 | 0.29 | 0.31 | 0.43 | 0.11 | 0.23 | -0.26 | 0.24 | 0.05 | 0.18 | 0.19 |
| EPS (Diluted) | 0.37 | -0.01 | 0.28 | 0.30 | 0.41 | 0.10 | 0.22 | -0.26 | 0.23 | 0.05 | 0.17 | 0.19 |
| Shares Outstanding (Basic) | 40.36M | 40.29M | — | 40.25M | 40.23M | 40.12M | — | 40.01M | 39.75M | 39.52M | — | 39.46M |
| Shares Outstanding (Diluted) | 41.87M | 40.29M | — | 41.87M | 41.82M | 41.86M | — | 40.01M | 41.48M | 41.26M | — | 43.98M |
| EBITDA | 51.46M | 26.49M | 45.18M | 45.63M | 48.92M | 29.39M | 36.02M | 7.73M | 36.28M | 25.48M | 23.24M | 28.79M |
| Operating Margin | 4.97% | -72.00% | 4.68% | 5.05% | 6.28% | 89.00% | 3.11% | -5.68% | 3.41% | 1.00% | -45.00% | 2.05% |
| Net Margin | 3.75% | -8.00% | 2.95% | 3.40% | 4.81% | 132.00% | 2.65% | -3.22% | 3.05% | 70.00% | 2.52% | 2.76% |
This table shows 12 quarterly periods of Shake Shack's income statement, from Q2 2026 back to Q3 2023, 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?