FY2025 · ended Dec 31, 2025 · Revenue $1.45B, +15.4% YoY · Filed Feb 26, 2026
Shake Shack Inc. (SHAK) files with the SEC under industry code 5810, Retail-Eating & Drinking Places. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.4 billion and net income of $45.7 million. Free cash flow was $56.5 million. As of Jul 1, 2026 it held $308.0 million in cash and investments and $933.0 million in total debt.
Revenue (TTM)
$1.55B
+17.3% vs year-ago TTM
Net income (TTM)
$39.72M
+99.7% vs year-ago TTM
Operating cash flow (TTM)
$191.60M
+4.6% vs year-ago TTM
Free cash flow (TTM)
$-11.71M
-125.3% vs year-ago TTM
EPS (TTM)
$0.95
+112.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$-625.03M
as of Jul 1, 2026
Operating margin
3.6%
FY 2026
Company profile
- Industry
- Retail-Eating & Drinking Places (SIC 5810)
- Listed as
- SHAK (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- New York, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1620533
Other Retail-Eating & Drinking Places companies
- Starbucks Corp SBUX
- Luckin Coffee Inc. LKNCY
- Dutch Bros Inc. BROS
- Chagee Holdings Ltd. CHA
- Wendy's Co WEN
- Cannae Holdings, Inc. CNNE
- Black Rock Coffee Bar, Inc. BRCB
- Eyeonix AIQ, Inc. EAIQ
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 25, 2024 |
FY 2023 Dec 27, 2023 |
FY 2022 Dec 28, 2022 |
FY 2021 Dec 29, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.1B | $900.5M | $739.9M |
| Operating income | $62.5M | $3.0M | $5.9M | -$26.9M | -$15.9M |
| Net income | $45.7M | $10.2M | $20.3M | -$21.2M | -$4.6M |
| Diluted EPS | $1.09 | $0.24 | $0.48 | -$0.54 | -$0.12 |
| Operating cash flow | $222.4M | $171.2M | $132.1M | $76.7M | $58.4M |
| Free cash flow | $56.5M | $35.7M | -$14.0M | -$65.8M | -$43.1M |
| Total assets | $1.9B | $1.7B | $1.6B | $1.5B | $1.5B |
| Total liabilities | $1.3B | $1.2B | $1.1B | $1.1B | $1.0B |
| Stockholders' equity | $525.3M | $470.0M | $443.4M | $412.2M | $409.5M |
| Cash and investments | $360.1M | $320.7M | $293.2M | $311.2M | $382.4M |
| Total debt | $884.2M | $796.9M | $759.2M | $710.2M | $678.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 5, 2026 | Jul 1, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 12, 2026 | Jun 8, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 11, 2026 | Jun 10, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jun 2, 2026 | Jun 2, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Apr 1, 2026 |
All 1002 Shake Shack Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.