Cheesecake Factory (CAKE) Gross Margin (2009 - 2026)
Cheesecake Factory recorded quarterly Gross Margin of 72.99% in Q1 2026, down 0.5% quarter-over-quarter from 73.36% in Q4 2025, and down 43.0% year-over-year from 128.06% in Q1 2025.
Cheesecake Factory's Gross Margin history runs 18 years deep, the most recent figure standing at 72.99% for Q1 2026.
- In Q1 2026, Gross Margin fell 43.0% year-over-year to 72.99%; the TTM figure through Mar 2026 stood at 72.87% (down 26.0% YoY), while the FY2025 annual figure was 72.97%, down 25.0% from the prior year.
- Gross Margin came in at 72.99% for Q1 2026 at Cheesecake Factory, down from 73.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 73.84% in Q1 2022 to a low of 71.81% in Q3 2025.
- A 5-year average of 73.12% and a median of 73.29% in 2023 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 277 bps in 2022 and fell as far as 97 bps in 2022.
- Cheesecake Factory's Gross Margin stood at 72.32% in 2022, then climbed by 0 bps to 72.35% in 2023, then rose by 1 bps to 73.17% in 2024, then rose by 0 bps to 73.36% in 2025, then decreased by 1 bps to 72.99% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 72.99%, 73.36%, and 71.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 98.63% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 67.12% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 84.44% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 98.82% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 99.05% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 40.37% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 290.04% |
| 10 | Cheesecake Factory | 3.07 Bn | 2.83 Bn | 714.48 Mn | 72.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.99% |
| Dec 30, 2025 | 73.36% |
| Sep 30, 2025 | 71.81% |
| Jul 1, 2025 | 73.25% |
| Apr 1, 2025 | 73.42% |
| Dec 31, 2024 | 73.17% |
| Oct 1, 2024 | 72.33% |
| Jul 2, 2024 | 73.55% |
| Apr 2, 2024 | 73.80% |
| Jan 2, 2024 | 72.93% |
| Oct 3, 2023 | 72.35% |
| Jul 4, 2023 | 73.79% |
| Apr 4, 2023 | 73.34% |
| Sep 27, 2022 | 72.32% |
| Jun 28, 2022 | 73.67% |
| Mar 29, 2022 | 73.84% |
| Dec 28, 2021 | 59.05% |
| Sep 28, 2021 | 73.29% |
| Jun 29, 2021 | 74.06% |
| Mar 30, 2021 | 71.07% |
| Dec 29, 2020 | 48.62% |
| Sep 29, 2020 | 77.19% |
| Jun 30, 2020 | 75.62% |
| Mar 31, 2020 | 72.69% |
| Dec 31, 2019 | 77.20% |
| Oct 1, 2019 | 77.33% |
| Jul 2, 2019 | 77.69% |
| Apr 2, 2019 | 74.44% |
| Jan 1, 2019 | 73.46% |
| Oct 2, 2018 | 77.02% |
| Jul 3, 2018 | 77.58% |
| Apr 3, 2018 | 75.20% |
| Oct 3, 2017 | 75.08% |
| Jul 4, 2017 | 77.40% |
| Apr 4, 2017 | 75.92% |
| Jan 3, 2017 | 76.77% |
| Sep 27, 2016 | 75.92% |
| Jun 28, 2016 | 76.38% |
| Mar 29, 2016 | 76.60% |
| Dec 29, 2015 | 76.88% |
| Sep 29, 2015 | 75.62% |
| Jun 30, 2015 | 76.07% |
| Mar 31, 2015 | 76.17% |
| Dec 30, 2014 | 75.94% |
| Sep 30, 2014 | 75.34% |
| Jul 1, 2014 | 75.91% |
| Apr 1, 2014 | 75.98% |
| Dec 31, 2013 | 75.58% |
| Oct 1, 2013 | 76.06% |
| Jul 2, 2013 | 75.79% |
| Apr 2, 2013 | 75.32% |
| Jan 1, 2013 | 70.52% |
| Oct 2, 2012 | 75.40% |
| Jul 3, 2012 | 76.06% |
| Apr 3, 2012 | 75.31% |
| Sep 27, 2011 | 74.61% |
| Jun 28, 2011 | 76.00% |
| Mar 29, 2011 | 75.01% |
| Dec 28, 2010 | 74.82% |
| Sep 28, 2010 | 75.09% |
| Jun 29, 2010 | 76.04% |
| Mar 30, 2010 | 75.50% |
| Dec 29, 2009 | 74.73% |
| Sep 29, 2009 | 76.09% |
| Jun 30, 2009 | 75.67% |