Shake Shack (SHAK) Gross Margin (2014 - 2026)

Shake Shack (SHAK) has 13 years of Gross Margin data on file, last reported at 84.32% in Q2 2026.

• On a quarterly basis, Gross Margin fell 64.0% year-over-year to 84.32% in Q2 2026; TTM through Apr 2026 was 85.12%, a 48.0% decrease from a year earlier, with the FY2025 full-year figure at 85.28%, down 47.0% from the prior year.
• Gross Margin for Q2 2026 stood at 84.32%, down from 85.05% in the prior quarter.
• Over the last five years, Gross Margin for SHAK reached as high as 86.72% in Q2 2023 and fell as low as 84.32% in Q2 2026.
• Historically, Gross Margin has averaged 85.64% across 5 years, with a median of 85.64% in 2023.
• Across the five-year window, Gross Margin slumped 106 bps in 2022 and surged 128 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 85.89% in 2022, then fell by 0 bps to 85.64% in 2023, then rose by 0 bps to 85.7% in 2024, then decreased by 1 bps to 85.05% in 2025, then dropped by 1 bps to 84.32% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 84.32% in Q2 2026, 85.05% in Q4 2025, and 85.36% in Q3 2025.