Shake Shack (SHAK) EBITDA (2014 - 2026)
Shake Shack (SHAK) reported EBITDA of -$2.6 million for Q2 2026, down 192.68% year-over-year from $2.8 million in Q2 2025, and down 114.05% quarter-over-quarter from $18.7 million in Q4 2025.
Shake Shack (SHAK) EBITDA (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has 13 years of EBITDA data on file, last reported at -$2.6 million in Q2 2026.
- EBITDA for Q2 2026 came in at -$2.6 million, down 192.68% year-over-year; the trailing twelve-month figure through Apr 2026 was $57.0 million (up 875.57% YoY), and the FY2025 annual result was $169.1 million, up 60.3% from the prior year.
- EBITDA declined to -$2.6 million in Q2 2026 per SHAK's latest filing, from $18.7 million in the prior quarter.
- Over five years, EBITDA peaked at $28.8 million in Q3 2023 and troughed at -$18.0 million in Q3 2024.
- A 5-year average of $12.1 million and a median of $13.8 million in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2025 and 2026: EBITDA surged 8258.82% in 2025, then tumbled 192.68% in 2026.
- A 5-year view of EBITDA shows it stood at $12.9 million in 2022, then surged by 80.44% to $23.2 million in 2023, then tumbled by 56.02% to $10.2 million in 2024, then soared by 83.58% to $18.7 million in 2025, then tumbled by 114.05% to -$2.6 million in 2026.
- Business Quant data shows SHAK's EBITDA at -$2.6 million in Q2 2026, $18.7 million in Q4 2025, and $18.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 1.19 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 302.10 Mn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 644.00 Mn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 606.00 Mn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 406.40 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 447.00 Mn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 123.38 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 230.36 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 2.81 Mn |
| 10 | Shake Shack | 2.38 Bn | 2.10 Bn | 309.23 Mn | -2.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 1, 2026 | -2.63 Mn |
| Dec 31, 2025 | 18.74 Mn |
| Sep 24, 2025 | 18.55 Mn |
| Jun 25, 2025 | 22.37 Mn |
| Mar 26, 2025 | 2.84 Mn |
| Dec 25, 2024 | 10.21 Mn |
| Sep 25, 2024 | -17.99 Mn |
| Jun 26, 2024 | 10.78 Mn |
| Mar 27, 2024 | 34,000.00 |
| Dec 27, 2023 | 23.22 Mn |
| Sep 27, 2023 | 28.79 Mn |
| Jun 28, 2023 | 27.00 Mn |
| Mar 29, 2023 | 18.13 Mn |
| Dec 28, 2022 | 12.87 Mn |
| Sep 28, 2022 | 13.82 Mn |
| Jun 29, 2022 | 17.27 Mn |
| Mar 30, 2022 | 1.92 Mn |
| Dec 29, 2021 | 9.09 Mn |
| Sep 29, 2021 | 12.54 Mn |
| Jun 30, 2021 | 17.78 Mn |