Growth Metrics

Cheesecake Factory (CAKE) Gross Margin (2016 - 2025)

Cheesecake Factory's Gross Margin history spans 17 years, with the latest figure at 73.36% for Q4 2025.

  • For Q4 2025, Gross Margin rose 19.0% year-over-year to 73.36%; the TTM value through Dec 2025 reached 72.97%, down 25.0%, while the annual FY2025 figure was 72.97%, 25.0% down from the prior year.
  • Gross Margin for Q4 2025 was 73.36% at Cheesecake Factory, up from 71.81% in the prior quarter.
  • Across five years, Gross Margin topped out at 77.54% in Q3 2021 and bottomed at 68.86% in Q4 2021.
  • The 5-year median for Gross Margin is 73.34% (2023), against an average of 73.08%.
  • The largest annual shift saw Gross Margin surged 1518bps in 2021 before it tumbled -522bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 68.86% in 2021, then increased by 5bps to 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.
  • Per Business Quant, the three most recent readings for CAKE's Gross Margin are 73.36% (Q4 2025), 71.81% (Q3 2025), and 73.25% (Q3 2025).