Growth Metrics

Shake Shack (SHAK) Operating Income (2014 - 2026)

Shake Shack (SHAK) reported Operating Income of -$2.6 million for Q2 2026, down 192.68% year-over-year from $2.8 million in Q2 2025, and down 114.05% on a QoQ basis from $18.7 million in Q4 2025.

Shake Shack (SHAK) has 13 years of Operating Income data on file, last reported at -$2.6 million in Q2 2026.

  • Quarterly Operating Income fell 192.68% year-over-year to -$2.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $57.0 million (up 875.57% YoY) and the FY2025 annual result came in at $62.5 million, up 1957.54% from the prior year.
  • Operating Income fell to -$2.6 million in Q2 2026 per SHAK's latest filing, from $18.7 million in the prior quarter.
  • Across five years, Operating Income topped out at $22.4 million in Q2 2025 and bottomed at -$18.0 million in Q3 2024.
  • The 5-year median for Operating Income is $34000.0 (2024), against an average of $2.5 million.
  • The widest annual swing landed in 2024, when Operating Income tumbled 417.98%; it then soared 8258.82% in 2025.
  • Tracing SHAK's Operating Income over 5 years: stood at -$6.3 million in 2022, then jumped by 79.49% to -$1.3 million in 2023, then surged by 888.42% to $10.2 million in 2024, then jumped by 83.58% to $18.7 million in 2025, then sank by 114.05% to -$2.6 million in 2026.
  • Per Business Quant, the three latest SHAK Operating Income figures stand at -$2.6 million (Q2 2026), $18.7 million (Q4 2025), and $18.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 828.10 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 644.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 397.06 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 606.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 406.40 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 447.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 146.34 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 230.36 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 2.81 Mn
10 Shake Shack 2.51 Bn 2.22 Bn 309.23 Mn -2.63 Mn

Historic Data

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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 -1.30 Mn
Sep 27, 2023 5.66 Mn
Jun 28, 2023 4.75 Mn
Mar 29, 2023 -3.19 Mn
Dec 28, 2022 -6.31 Mn
Sep 28, 2022 -4.83 Mn
Jun 29, 2022 -819,000.00
Mar 30, 2022 -14.94 Mn
Dec 29, 2021 -6.49 Mn
Sep 29, 2021 -2.65 Mn
Jun 30, 2021 3.31 Mn
Mar 31, 2021 -10.02 Mn
Dec 30, 2020 -12.22 Mn
Sep 23, 2020 -6.80 Mn
Jun 24, 2020 -24.08 Mn
Mar 25, 2020 -787,000.00
Dec 25, 2019 488,000.00
Sep 25, 2019 8.16 Mn
Jun 26, 2019 11.87 Mn
Mar 27, 2019 5.16 Mn
Dec 26, 2018 2.84 Mn
Sep 26, 2018 9.34 Mn
Jun 27, 2018 13.02 Mn
Mar 28, 2018 6.51 Mn
Dec 27, 2017 5.84 Mn
Sep 27, 2017 10.61 Mn
Jun 28, 2017 11.74 Mn
Mar 29, 2017 5.63 Mn
Dec 28, 2016 4.99 Mn
Sep 28, 2016 9.17 Mn
Jun 29, 2016 8.93 Mn
Mar 30, 2016 4.71 Mn
Dec 30, 2015 3.65 Mn
Sep 30, 2015 7.80 Mn
Jul 1, 2015 6.24 Mn
Apr 1, 2015 -10.95 Mn
Dec 31, 2014 -987,000.00
Sep 24, 2014 759,000.00
Jun 25, 2014 2.14 Mn
Mar 26, 2014 1.23 Mn