13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $50M | 0.0% | 4.3% | $57M | $248M | $360M |
| 2024 | $1.3B | $11M | 0.0% | 0.2% | $36M | $247M | $321M |
| 2023 | $1.1B | $21M | 0.0% | 0.5% | -$14M | $246M | $225M |
| 2022 | $900M | -$26M | 0.0% | -3.0% | -$66M | $245M | $231M |
| 2021 | $740M | -$10M | 0.0% | -2.1% | -$43M | $244M | $302M |
| 2020 | $523M | -$42M | 0.0% | -8.4% | -$32M | $0 | $147M |
| 2019 | $595M | $20M | 0.0% | 4.3% | -$17M | $0 | $37M |
| 2018 | $459M | $15M | 0.0% | 6.9% | -$2M | — | $25M |
| 2017 | $359M | -$320000 | 0.0% | 9.4% | $9M | — | $22M |
| 2016 | $268M | $12M | 0.0% | 10.4% | -$148000 | $0 | $12M |
| 2015 | — | -$9M | — | — | $9M | $313000 | $71M |
| 2014 | — | $2M | — | — | -$15M | $32M | $3M |
| 2013 | — | $5M | — | — | -$3M | — | $3M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $367M | -$290000 | 0.0% | -0.7% | -$39M | $248M | $314M |
| Dec '25 | $401M | $12M | 0.0% | 4.7% | $4M | $248M | $360M |
| Sep '25 | $367M | $13M | 0.0% | 5.0% | $24M | $247M | $358M |
| Jun '25 | $356M | $17M | 0.0% | 6.3% | $27M | $247M | $337M |
| Mar '25 | $321M | $4M | 0.0% | 0.9% | $2M | $247M | $313M |
| Dec '24 | $329M | $9M | 0.0% | 3.1% | $10M | $247M | $321M |
| Sep '24 | $317M | -$10M | 0.0% | -5.7% | $7M | $246M | $311M |
| Jun '24 | $316M | $10M | 0.0% | 3.4% | $21M | $246M | $302M |
| Mar '24 | $291M | $2M | 0.0% | 0.0% | -$2M | $246M | $260M |
| Dec '23 | $286M | $7M | 0.0% | -0.5% | $8M | $246M | $225M |
| Sep '23 | $276M | $8M | 0.0% | 2.0% | -$10M | $245M | $190M |
| Jun '23 | $272M | $7M | 0.0% | 1.7% | $2M | $245M | $204M |
| Mar '23 | $253M | -$2M | 0.0% | -1.3% | -$15M | $245M | $293M |
| Dec '22 | $239M | -$8M | 0.0% | -2.6% | -$25M | $245M | $231M |
| Sep '22 | $228M | -$2M | 0.0% | -2.1% | -$20M | $244M | $257M |
| Jun '22 | $231M | -$1M | 0.0% | -0.4% | -$100000 | $244M | $278M |
| Mar '22 | $203M | -$10M | 0.0% | -7.3% | -$20M | $244M | $279M |
| Dec '21 | $203M | -$10M | 0.0% | -3.2% | -$18M | $244M | $302M |
| Sep '21 | $194M | -$2M | 0.0% | -1.4% | -$17M | $243M | $321M |
| Jun '21 | $187M | $2M | 0.0% | 1.8% | $6M | $243M | $340M |
How the market has priced SHAK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Shake Shack Inc.'s revenue has grown 22.6% per year. These are computed facts, not advice.
As of FY2025, Shake Shack Inc. reported $248M of total debt against $360M of cash; operating income covered interest expense 29×.
In FY2025, gross margin was —, operating margin 4.3%, and net margin 3.4%.
As of Jun '26, Shake Shack Inc. traded at a price-to-earnings ratio of about 44.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.