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.

• Gross Margin for Q2 2026 came in at 84.32%, down 64.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 85.12% (down 48.0% YoY), and the FY2025 annual result was 85.28%, down 47.0% from the prior year.
• Gross Margin fell to 84.32% in Q2 2026 per SHAK's latest filing, from 85.05% in the prior quarter.
• Over five years, Gross Margin peaked at 86.72% in Q2 2023 and troughed at 84.32% in Q2 2026.
• A 5-year average of 85.64% and a median of 85.64% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 106 bps in 2022, then jumped 128 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 85.89% in 2022, then slipped by 0 bps to 85.64% in 2023, then climbed by 0 bps to 85.7% in 2024, then declined by 1 bps to 85.05% in 2025, then retreated by 1 bps to 84.32% in 2026.
• Business Quant data shows SHAK's Gross Margin at 84.32% in Q2 2026, 85.05% in Q4 2025, and 85.36% in Q3 2025.