Cheesecake Factory (CAKE) Gross Margin (2009 - 2026)

Cheesecake Factory's (CAKE) quarterly Gross Margin came in at 72.99% in Q1 2026, down 43.0% year-on-year from 128.06% in Q1 2025, and down 0.5% quarter-over-quarter from 73.36% in Q4 2025.

Cheesecake Factory (CAKE) Gross Margin (2009 - 2026) Analysis & Trends

Cheesecake Factory has disclosed Gross Margin across 18 years of filings, most recently posting 72.99% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 72.99%, down 43.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 72.87% (down 26.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Gross Margin is 73.29% (2023), against an average of 73.12%.
  • Peak annual rise in Gross Margin reached 277 bps in 2022, while the deepest fall reached 97 bps in 2022.
  • Cheesecake Factory's 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 retreated by 1 bps to 72.99% in 2026.
  • The last three Gross Margin figures came in at 72.99% (Q1 2026), 73.36% (Q4 2025), and 71.81% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 98.63%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 84.44%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 67.12%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 94.61%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 98.82%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 99.05%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 86.00%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 40.37%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 290.04%
10 Cheesecake Factory 3.60 Bn 3.36 Bn 714.48 Mn 72.99%

Historic Data

Download Data
DateValue
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%