Shake Shack Inc. revenue by segment SHAK

Shake Shack Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Shack Sales at $1.4 billion, 96% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Jul 1, 2026
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
FY 2020
Dec 30, 2020
FY 2019
Dec 25, 2019
Revenue
1,552
1,445
1,253
1,088
900
740
523
595
Shack Sales
1,496
+17.3%
share 96.3%
1,391
+15.2%
share 96.3%
1,208
+15.4%
share 96.4%
1,047
+20.4%
share 96.3%
869
+21.6%
share 96.5%
715
+41.2%
share 96.6%
506
-11.9%
share 96.8%
575
share 96.7%
Sales Based Royalties
54
+16.2%
share 3.5%
52
+18.5%
share 3.6%
43
+9.1%
share 3.5%
40
+31.9%
share 3.7%
30
+25.1%
share 3.4%
24
+53.1%
share 3.3%
16
-18.4%
share 3.0%
19
share 3.2%
Initial Territory Opening And Termination Fees
3
+43.0%
share 0.2%
3
+67.2%
share 0.2%
2
+81.2%
share 0.1%
1
-14.9%
share 0.1%
1
+34.2%
share 0.1%
1
-0.1%
share 0.1%
1
+31.1%
share 0.1%
1
share 0.1%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.