Shake Shack (SHAK) Operating Income (2014 - 2026)
Shake Shack (SHAK) posted quarterly 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% quarter-over-quarter from $18.7 million in Q4 2025.
Shake Shack (SHAK) Operating Income (2014 - 2026) Analysis & Trends
Shake Shack (SHAK) has reported Operating Income for 13 consecutive years, with -$2.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 192.68% year-over-year to -$2.6 million; the TTM figure through Apr 2026 stood at $57.0 million (up 875.57% YoY), while the FY2025 annual figure was $62.5 million, up 1957.54% from the prior year.
- Operating Income slipped 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.
- Historically, Operating Income has averaged $2.5 million across 5 years, with a median of $34000.0 in 2024.
- Annual changes were most pronounced in 2024 — Operating Income sank 417.98% — and 2025, when it surged 8258.82%.
- Shake Shack's Operating Income 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 plunged by 114.05% to -$2.6 million in 2026.
- Business Quant data shows SHAK's Operating Income at -$2.6 million in Q2 2026, $18.7 million in Q4 2025, and $18.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 3.34 Bn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 980.40 Mn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 525.60 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 655.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 716.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 516.80 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 716.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 348.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 142.79 Mn |
| 10 | Shake Shack | 3.02 Bn | 2.74 Bn | 354.50 Mn | 20.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 1, 2026 | 20.75 Mn |
| 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 |