Shake Shack Inc.
Close on Oct 19, 2026
- Market cap
- $3.01B
- P/E (TTM)
- 76.5
- Dividend yield
- –
Earnings
Next report expected Oct 29, 2026, before market open (estimated from past report dates)
| Quarter | Reported | Time | Revenue | EPS (GAAP) | EPS (adjusted) |
|---|---|---|---|---|---|
| Q2 FY2026 Ended Jul 1, 2026 | Aug 5, 2026 | Before market open | $417.60M | $0.37 | $0.43 |
| Q1 FY2026 Ended Apr 1, 2026 | May 7, 2026 | Before market open | $366.70M | $-0.01 | $0.00 |
| Q4 FY2025 Ended Dec 31, 2025 | Feb 26, 2026 | Before market open | $400.50M | $0.28 | $0.37 |
| Q3 FY2025 Ended Sep 24, 2025 | Oct 30, 2025 | Before market open | $367.40M | $0.30 | $0.36 |
| Q2 FY2025 Ended Jun 25, 2025 | Jul 31, 2025 | Before market open | $356.50M | $0.41 | $0.44 |
| Q1 FY2025 Ended Mar 26, 2025 | May 1, 2025 | Before market open | $320.90M | $0.10 | $0.14 |
| Q4 FY2024 Ended Dec 25, 2024 | Feb 20, 2025 | Before market open | $328.70M | $0.21 | $0.26 |
| Q3 FY2024 Ended Sep 25, 2024 | Oct 30, 2024 | Before market open | $316.92M | $-0.26 | $0.25 |
| Q2 FY2024 Ended Jun 26, 2024 | Aug 1, 2024 | Before market open | $316.50M | $0.23 | $0.27 |
| Q1 FY2024 Ended Mar 27, 2024 | May 2, 2024 | Before market open | – | – | – |
| Q4 FY2023 Ended Dec 27, 2023 | Feb 15, 2024 | Before market open | – | – | – |
Company guidance
Outlook given with results on Jan 12, 2026, compared with the previous outlook
| Measure | Period | Guidance | vs. prior |
|---|---|---|---|
| Adjusted EBITDAnon-GAAP | FY25 | $208.00M to $212.00M | New |
| Adjusted EBITDAnon-GAAP | Fiscal 2026 | $237.00M to $245.00M | New |
| Restaurant-level profit marginnon-GAAP | FY25 | 22.5% to 22.7% | New |
| Restaurant-level profit marginnon-GAAP | 4Q25 | 22.6% to 22.8% | New |
| Restaurant-level profit marginnon-GAAP | Fiscal 2026 | 23% to 23.5% | New |
| General and administrative expenses | FY25 | 12.1% to 12.3% | New |
| Adjusted Pro Forma Tax Ratenon-GAAP | FY25 | 26% to 27% | New |
| Equity-based compensation | FY25 | $20.00M | New |
| Depreciation and amortization expense | FY25 | $106.00M to $108.00M | Raised |
| Pre-opening costs | FY25 | $18.00M | Lowered |
| Net incomeGAAP | FY25 | $50.00M to $60.00M | New |
| Company-operated openings | Fiscal 2026 | 55 to 60 | New |
| Licensed openings | Fiscal 2026 | 40 to 45 | Lowered |
| General and administrative expenses | Fiscal 2026 | 12% to 13% | New |
| Adjusted Pro Forma Tax Ratenon-GAAP | Fiscal 2026 | 24% to 25% | New |
| Equity-based compensation | Fiscal 2026 | $28.00M | New |
| Depreciation and amortization expense | Fiscal 2026 | $128.00M to $132.00M | Raised |
| Pre-opening costs | Fiscal 2026 | $25.00M to $27.00M | Lowered |
| Net incomeGAAP | Fiscal 2026 | $50.00M to $60.00M | New |
| Total revenue | Fiscal 2026 | $1.60B to $1.70B | New |
| Licensing revenue | Fiscal 2026 | $59.00M to $61.00M | Lowered |
Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.
Press releases
Announcements Shake Shack filed with the SEC
Shake Shack Announces Second Quarter 2026 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Second Quarter 2026 Shareholder Letter
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Provides Fiscal Second Quarter
Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Appoints Michelle Hook as Chief Financial
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces First Quarter 2026 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
First Quarter 2026 Shareholder Letter
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Introduces Project Catalyst to
Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces Fourth Quarter and Fiscal Year 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Fourth Quarter 2025 Shareholder Letter
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Provides Fiscal Fourth Quarter 2025 Business Update
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces Chief Financial Officer
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces Third Quarter 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Second Quarter 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces First Quarter 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Fourth Quarter and Fiscal Year 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Provides Fourth Quarter 2024 Business Update and Long-Term Targets
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
I C R C O N F E R E N C E J A N U A R Y 1 3 , 2 0 2 5
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Third Quarter 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Second Quarter 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Second Quarter 2024 Shareholder Letter
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces First Quarter 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
First Quarter 2024 Shareholder Letter Umami Dinner Party Korean Menu Celebration West Village Shack Sold 1 million LTO sandwiches in the first 50 days since Jan 9th launch!
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shack Names Rob Lynch as Chief Executive Officer
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Financial Details & Definitions Queretaro Drive--thru, Mexico
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Randy Garutti to Retire from Shake Shack in 2024
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces Third Quarter 2023 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Definitely the hot chicken and spicy fries w/ ranch 😋😋 GUEST QUOTES
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Second Quarter 2023 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Enters Into Cooperation Agreement with Engaged Capital
Material agreement · Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Shake Shack Announces First Quarter 2023 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
Shake Shack Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.2 to Form 8-K
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K