Cheesecake Factory (CAKE) Gross Margin (2009 - 2026)
Cheesecake Factory's (CAKE) quarterly Gross Margin came in at 73.52% in Q2 2026, up 27.0% year-over-year from 57.89% in Q2 2025, and up 0.72% quarter-over-quarter from 72.99% in Q1 2026.
Analysis
Cheesecake Factory (CAKE) Gross Margin (2009 - 2026) Analysis & Trends
Cheesecake Factory has disclosed Gross Margin across 18 years of filings, most recently posting 73.52% for Q2 2026.
- In Q2 2026, Gross Margin rose 27.0% year-over-year to 73.52%; the TTM figure through Jun 2026 stood at 72.95% (down 11.0% YoY), while the FY2025 annual figure was 72.97%, down 25.0% from the prior year.
- Gross Margin came in at 73.52% for Q2 2026 at Cheesecake Factory, up from 72.99% 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.
- Average Gross Margin over 5 years is 73.14%, with a median of 73.34% recorded in 2023.
- The largest YoY upside for Gross Margin was 277 bps in 2022 against a maximum downside of 97 bps in 2022.
- Over 5 years, Gross Margin stood at 72.32% in 2022, then advanced by 0 bps to 72.35% in 2023, then increased by 1 bps to 73.17% in 2024, then increased by 0 bps to 73.36% in 2025, then advanced by 0 bps to 73.52% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 73.52% in Q2 2026, 72.99% in Q1 2026, and 73.36% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Darden Restaurants | 24.02 Bn | 23.80 Bn | 3.68 Bn | 98.84% |
| 2 | Texas Roadhouse | 11.90 Bn | 11.70 Bn | 1.44 Bn | 85.89% |
| 3 | Brinker International | 9.39 Bn | 9.28 Bn | 1.14 Bn | 73.99% |
| 4 | Cheesecake Factory | 4.70 Bn | 4.50 Bn | 756.95 Mn | 73.52% |
| 5 | BJs RESTAURANTS | 1.27 Bn | 1.25 Bn | 289.79 Mn | 74.52% |
| 6 | Cracker Barrel Old Country Store | 1.11 Bn | 1.08 Bn | 556.39 Mn | 69.78% |
| 7 | Bloomin' Brands | 744.79 Mn | 678.18 Mn | 709.41 Mn | 69.84% |
| 8 | Super Hi International Holding | 708.98 Mn | 437.25 Mn | - | - |
| 9 | Dine Brands Global | 342.00 Mn | 191.70 Mn | 91.20 Mn | 37.86% |
| 10 | Red Robin Gourmet Burgers | 142.70 Mn | 119.85 Mn | 213.56 Mn | 76.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.52% |
| 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 | 72.99% |
| Sep 28, 2021 | 73.29% |
| Jun 29, 2021 | 74.06% |