Shake Shack (SHAK) Operating Margin (2014 - 2026)
Shake Shack (SHAK) reported Operating Margin of 0.72% for Q2 2026, down 160.0% year-over-year from 1.2% in Q2 2025, and down 115.35% on a QoQ basis from 4.68% in Q4 2025.
Shake Shack (SHAK) has 13 years of Operating Margin data on file, last reported at 0.72% in Q2 2026.
- Quarterly Operating Margin fell 160.0% year-over-year to 0.72% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 3.82% (up 337.0% YoY) and the FY2025 annual result came in at 4.32%, up 408.0% from the prior year.
- Operating Margin slipped to 0.72% in Q2 2026 per SHAK's latest filing, from 4.68% in the prior quarter.
- Across five years, Operating Margin topped out at 6.28% in Q2 2025 and bottomed at 7.34% in Q1 2022.
- The 5-year median for Operating Margin is 0.01% (2024), against an average of 0.39%.
- The widest annual swing landed in 2024, when Operating Margin sank 772 bps; it then jumped 1072 bps in 2025.
- Tracing SHAK's Operating Margin over 5 years: stood at 2.65% in 2022, then jumped by 83 bps to 0.45% in 2023, then soared by 787 bps to 3.11% in 2024, then surged by 51 bps to 4.68% in 2025, then sank by 115 bps to 0.72% in 2026.
- Per Business Quant, the three latest SHAK Operating Margin figures stand at 0.72% (Q2 2026), 4.68% (Q4 2025), and 5.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 8.69% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 31.28% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 12.86% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 26.77% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 12.15% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 13.67% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 8.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 20.02% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 1.02% |
| 10 | Shake Shack | 2.51 Bn | 2.22 Bn | 309.23 Mn | -0.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 1, 2026 | -0.72% |
| Dec 31, 2025 | 4.68% |
| Sep 24, 2025 | 5.05% |
| Jun 25, 2025 | 6.28% |
| Mar 26, 2025 | 0.89% |
| Dec 25, 2024 | 3.11% |
| Sep 25, 2024 | -5.68% |
| Jun 26, 2024 | 3.41% |
| Mar 27, 2024 | 0.01% |
| Dec 27, 2023 | -0.45% |
| Sep 27, 2023 | 2.05% |
| Jun 28, 2023 | 1.75% |
| Mar 29, 2023 | -1.26% |
| Dec 28, 2022 | -2.65% |
| Sep 28, 2022 | -2.12% |
| Jun 29, 2022 | -0.35% |
| Mar 30, 2022 | -7.34% |
| Dec 29, 2021 | -3.19% |
| Sep 29, 2021 | -1.36% |
| Jun 30, 2021 | 1.76% |
| Mar 31, 2021 | -6.45% |
| Dec 30, 2020 | -7.76% |
| Sep 23, 2020 | -5.21% |
| Jun 24, 2020 | -26.23% |
| Mar 25, 2020 | -0.55% |
| Dec 25, 2019 | 0.32% |
| Sep 25, 2019 | 5.17% |
| Jun 26, 2019 | 7.77% |
| Mar 27, 2019 | 3.89% |
| Dec 26, 2018 | 2.28% |
| Sep 26, 2018 | 7.81% |
| Jun 27, 2018 | 11.20% |
| Mar 28, 2018 | 6.57% |
| Dec 27, 2017 | 6.07% |
| Sep 27, 2017 | 11.21% |
| Jun 28, 2017 | 12.85% |
| Mar 29, 2017 | 7.33% |
| Dec 28, 2016 | 6.81% |
| Sep 28, 2016 | 12.30% |
| Jun 29, 2016 | 13.44% |
| Mar 30, 2016 | 8.70% |
| Dec 30, 2015 | 7.16% |
| Sep 30, 2015 | 14.65% |
| Jul 1, 2015 | 12.89% |
| Apr 1, 2015 | -28.96% |
| Dec 31, 2014 | -2.84% |
| Sep 24, 2014 | 2.38% |
| Jun 25, 2014 | 7.72% |
| Mar 26, 2014 | 5.08% |