Shake Shack (SHAK) Net Margin (2014 - 2026)
Shake Shack's (SHAK) quarterly Net Margin came in at 0.08% in Q2 2026, down 149.0% year-on-year from 0.16% in Q2 2025, and down 102.47% on a QoQ basis from 3.25% in Q4 2025.
Shake Shack (SHAK) Net Margin (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has 13 years of Net Margin data on file, last reported at 0.08% in Q2 2026.
- On a quarterly basis, Net Margin fell 149.0% year-over-year to 0.08% in Q2 2026; TTM through Apr 2026 was 3.01%, a 199.0% increase from a year earlier, with the FY2025 full-year figure at 3.16%, up 235.0% from the prior year.
- Net Margin for Q2 2026 stood at 0.08%, down from 3.25% in the prior quarter.
- Over the last five years, Net Margin for SHAK reached as high as 5.19% in Q2 2025 and fell as low as 5.55% in Q1 2022.
- Historically, Net Margin has averaged 0.81% across 5 years, with a median of 1.41% in 2025.
- Across the five-year window, Net Margin plunged 645 bps in 2024 and surged 724 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 3.44% in 2022, then surged by 174 bps to 2.53% in 2023, then climbed by 12 bps to 2.84% in 2024, then increased by 14 bps to 3.25% in 2025, then sank by 102 bps to 0.08% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 0.08% in Q2 2026, 3.25% in Q4 2025, and 3.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 5.36% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 9.81% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 20.98% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 14.93% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -0.08% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 10.06% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 7.56% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 11.37% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 5.10% |
| 10 | Shake Shack | 2.26 Bn | 1.97 Bn | 309.23 Mn | -0.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 1.10% |