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SHAK (Shake Shack Inc.) Stock Financials & Earnings | Market Cap Arena
SHAK
Shake Shack Inc.
Mkt Cap
$4B
Consumer Cyclical
·
Restaurants
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$1.4B
Net Income (TTM)
$46M
EPS (TTM)
$1.09
Free Cash Flow (TTM)
$57M
Gross Margin
18.0%
Op. Margin
4.8%
Net Margin
3.2%
FCF Margin
3.9%
P/S Ratio (TTM)
2.7x
P/E Ratio (TTM)
84.7x
YoY Rev Growth
+15.4%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$253M
$107M
-$3M
Q2 23
$272M
$121M
$5M
Q3 23
$276M
$123M
$6M
Q4 23
$286M
$127M
-$1M
Q1 24
$291M
$129M
$34K
Q2 24
$316M
$145M
$11M
Q3 24
$317M
$145M
-$18M
Q4 24
$329M
$155M
$10M
Q1 25
$321M
$148M
$3M
Q2 25
$356M
$172M
$22M
Q3 25
$367M
$176M
$19M
Q4 25
$401M
-$236M
$26M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
4.1x
—
Q2 23
3.9x
—
Q3 23
3.7x
1666.8x
Q4 23
3.6x
191.2x
Q1 24
3.4x
162.5x
Q2 24
3.3x
145.9x
Q3 24
3.2x
444.2x
Q4 24
3.1x
379.5x
Q1 25
3.0x
312.1x
Q2 25
2.9x
194.7x
Q3 25
2.8x
90.9x
Q4 25
2.7x
84.7x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$20M
-$15M
Q2 23
$42M
$2M
Q3 23
$28M
-$10M
Q4 23
$42M
$8M
Q1 24
$31M
-$2M
Q2 24
$54M
$21M
Q3 24
$42M
$7M
Q4 24
$45M
$10M
Q1 25
$31M
$2M
Q2 25
$65M
$27M
Q3 25
$63M
$24M
Q4 25
$63M
$4M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$34M
Q2 23
$40M
Q3 23
$38M
Q4 23
$33M
Q1 24
$33M
Q2 24
$33M
Q3 24
$35M
Q4 24
$35M
Q1 25
$29M
Q2 25
$38M
Q3 25
$39M
Q4 25
$59M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+24.5%
+17.5%
Q2 23
+17.8%
+15.3%
Q3 23
+21.2%
+16.3%
Q4 23
+20.0%
+17.4%
Q1 24
+14.7%
+13.3%
Q2 24
+16.4%
+14.5%
Q3 24
+14.7%
+23.8%
Q4 24
+14.8%
+10.8%
Q1 25
+10.5%
+9.5%
Q2 25
+12.6%
+9.3%
Q3 25
+15.9%
+4.2%
Q4 25
+21.9%
+17.7%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$4M
1.5%
Q2 23
$0
0.0%
Q3 23
$0
0.0%
Q4 23
$4M
1.3%
Q1 24
$4M
1.3%
Q2 24
$4M
1.2%
Q3 24
$4M
1.3%
Q4 24
$0
0.0%
Q1 25
$5M
1.4%
Q2 25
$5M
1.5%
Q3 25
$4M
1.2%
Q4 25
$5M
1.3%
marketcaparena.com
OpEx Breakdown
G&A
Quarter
G&A
Q1 23
$50M
Q2 23
$51M
Q3 23
$51M
Q4 23
$57M
Q1 24
$58M
Q2 24
$60M
Q3 24
$59M
Q4 24
$65M
Q1 25
$65M
Q2 25
$66M
Q3 25
$44M
Q4 25
$317K
marketcaparena.com
Revenue Segments
Initial Territory and Opening Fees
Sales-Based Royalties
Shack Sales
Franchise
Quarter
Initial Territory and Opening Fees
Sales-Based Royalties
Shack Sales
Franchise
Q1 23
$246K
$9M
$244M
—
Q2 23
$283K
$10M
$262M
—
Q3 23
$329K
$11M
$265M
—
Q4 23
$3K
$10M
$276M
—
Q1 24
$319K
$10M
$281M
—
Q2 24
$392K
$11M
$305M
—
Q3 24
$460K
$12M
$305M
—
Q4 24
$389K
$12M
$317M
—
Q1 25
—
—
$310M
$11M
Q2 25
$629K
$13M
$343M
—
Q3 25
$1M
$14M
$353M
—
Q4 25
$975K
$25M
$385M
—
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$293M
$0
$293M
Q2 23
$204M
$92M
$295M
Q3 23
$190M
$95M
$285M
Q4 23
$225M
$69M
$293M
Q1 24
$260M
$25M
$285M
Q2 24
$302M
$3M
$304M
Q3 24
$311M
$0
$311M
Q4 24
$321M
$0
$321M
Q1 25
$313M
$0
$313M
Q2 25
$337M
$0
$337M
Q3 25
$358M
$0
$358M
Q4 25
$360M
$0
$360M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
39M
+0.1%
Q2 23
44M
+11.6%
Q3 23
44M
+0.2%
Q4 23
44M
-0.1%
Q1 24
41M
-6.1%
Q2 24
41M
+0.5%
Q3 24
40M
-3.5%
Q4 24
42M
+4.7%
Q1 25
42M
-0.0%
Q2 25
42M
+0.0%
Q3 25
42M
+0.0%
Q4 25
42M
-0.1%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$71K
2K
FY 15
$86K
2K
FY 16
$76K
4K
FY 17
$81K
4K
FY 18
$75K
6K
FY 19
$78K
8K
FY 20
$70K
7K
FY 21
$76K
10K
FY 22
$77K
12K
FY 23
$89K
12K
FY 24
$98K
13K
FY 25
$389K
4K
marketcaparena.com