Shake Shack (SHAK) Net Margin (2014 - 2026)
Shake Shack (SHAK) posted quarterly Net Margin of 0.08% for Q2 2026, down 149.0% year-over-year from 0.16% in Q2 2025, and down 102.47% quarter-over-quarter from 3.25% in Q4 2025.
Shake Shack (SHAK) Net Margin (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has reported Net Margin for 13 consecutive years, with 0.08% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 149.0% year-over-year to 0.08%; the TTM figure through Apr 2026 stood at 3.01% (up 199.0% YoY), while the FY2025 annual figure was 3.16%, up 235.0% from the prior year.
- Net Margin eased to 0.08% in Q2 2026 per SHAK's latest filing, from 3.25% in the prior quarter.
- Across five years, Net Margin topped out at 5.19% in Q2 2025 and bottomed at 5.55% in Q1 2022.
- Historically, Net Margin has averaged 0.81% across 5 years, with a median of 1.41% in 2025.
- Annual changes were most pronounced in 2024 — Net Margin slumped 645 bps — and 2025, when it jumped 724 bps.
- Shake Shack's Net Margin stood at 3.44% in 2022, then soared by 174 bps to 2.53% in 2023, then gained by 12 bps to 2.84% in 2024, then climbed by 14 bps to 3.25% in 2025, then sank by 102 bps to 0.08% in 2026.
- Business Quant data shows SHAK's Net Margin at 0.08% in Q2 2026, 3.25% in Q4 2025, and 3.73% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | -0.08% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 7.26% |
| 10 | Shake Shack | 3.02 Bn | 2.74 Bn | 354.50 Mn | 4.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 1, 2026 | 4.04% |
| Apr 1, 2026 | -0.08% |
| Dec 31, 2025 | 3.25% |
| Sep 24, 2025 | 3.73% |
| Jun 25, 2025 | 5.19% |
| Mar 26, 2025 | 1.41% |
| Dec 25, 2024 | 2.84% |
| Sep 25, 2024 | -3.51% |
| Jun 26, 2024 | 3.28% |
| Mar 27, 2024 | 0.76% |
| Dec 27, 2023 | 2.53% |
| Sep 27, 2023 | 2.95% |
| Jun 28, 2023 | 2.66% |
| Mar 29, 2023 | -0.64% |
| Dec 28, 2022 | -3.44% |
| Sep 28, 2022 | -1.01% |
| Jun 29, 2022 | -0.56% |
| Mar 30, 2022 | -5.55% |
| Dec 29, 2021 | -3.08% |
| Sep 29, 2021 | -1.24% |