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
DateValue
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