Growth Metrics

Cheesecake Factory (CAKE) Gross Margin (2016 - 2026)

Cheesecake Factory's Gross Margin history spans 18 years, with the latest figure at 72.99% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 43.0% to 72.99% in Q1 2026 year-over-year; TTM through Mar 2026 was 72.87%, a 26.0% decrease, with the full-year FY2025 number at 72.97%, down 25.0% from a year prior.
  • Gross Margin hit 72.99% in Q1 2026 for Cheesecake Factory, down from 73.36% in the prior quarter.
  • Over the last five years, Gross Margin for CAKE hit a ceiling of 73.84% in Q1 2022 and a floor of 71.81% in Q3 2025.
  • Historically, Gross Margin has averaged 73.12% across 5 years, with a median of 73.29% in 2023.
  • The widest YoY moves for Gross Margin: up 277bps in 2022, down -97bps in 2022.
  • Tracing CAKE's Gross Margin over 5 years: stood at 72.32% in 2022, then rose by 0bps to 72.35% in 2023, then rose by 1bps to 73.17% in 2024, then rose by 0bps to 73.36% in 2025, then decreased by -1bps to 72.99% in 2026.
  • Business Quant data shows Gross Margin for CAKE at 72.99% in Q1 2026, 73.36% in Q4 2025, and 71.81% in Q3 2025.