Shake Shack (SHAK) Cost of Revenue (2014 - 2026)

Shake Shack (SHAK) has reported Cost of Revenue for 13 consecutive years, with $57.5 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue rose 19.17% year-over-year to $57.5 million; the TTM figure through Apr 2026 stood at $221.9 million (up 20.1% YoY), while the FY2025 annual figure was $212.7 million, up 19.23% from the prior year.
• Cost of Revenue eased to $57.5 million in Q2 2026 per SHAK's latest filing, from $59.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $59.9 million in Q4 2025 and bottomed at $30.2 million in Q1 2022.
• Historically, Cost of Revenue has averaged $42.8 million across 5 years, with a median of $41.9 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 32.44% — and 2023, when it gained 10.77%.
• Shake Shack's Cost of Revenue stood at $33.6 million in 2022, then gained by 22.14% to $41.1 million in 2023, then grew by 14.38% to $47.0 million in 2024, then increased by 27.36% to $59.9 million in 2025, then fell by 3.94% to $57.5 million in 2026.
• Business Quant data shows SHAK's Cost of Revenue at $57.5 million in Q2 2026, $59.9 million in Q4 2025, and $53.8 million in Q3 2025.