Cheesecake Factory (CAKE) Gross Margin (2009 - 2026)
Cheesecake Factory (CAKE) posted Gross Margin of 72.99% for Q1 2026, down 0.5% sequentially from 73.36% in Q4 2025, and down 43.0% YoY from 128.06% in Q1 2025.
Cheesecake Factory (CAKE) Gross Margin (2009 - 2026) Analysis & Trends
Cheesecake Factory has reported Gross Margin for 18 years, with the latest figure at 72.99% in Q1 2026.
- Quarterly Gross Margin fell 43.0% year-over-year to 72.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 72.87% (down 26.0% YoY) and the FY2025 annual result came in at 72.97%, down 25.0% from the prior year.
- Gross Margin declined to 72.99% in Q1 2026 per CAKE's latest filing, from 73.36% in the prior quarter.
- Over five years, Gross Margin peaked at 73.84% in Q1 2022 and troughed at 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.
- The widest YoY moves for Gross Margin: up 277 bps in 2022, down 522 bps in 2022.
- Over 5 years, Gross Margin stood at 72.32% in 2022, then grew by 0 bps to 72.35% in 2023, then gained by 1 bps to 73.17% in 2024, then gained by 0 bps to 73.36% in 2025, then slipped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 69.66% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 70.33% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 74.80% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 98.84% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 74.80% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 70.75% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 85.89% |
| 10 | Cheesecake Factory | 5.64 Bn | 5.45 Bn | 756.95 Mn | 73.52% |
Historic Data
Download 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 | 77.54% |
| Jun 29, 2021 | 74.06% |