Shake Shack Inc. (SHAK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SHAK Revenue Growth
Revenue Breakdown (FY 2025)
SHAK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SHAK Revenue Analysis (2014–2025)
As of May 7, 2026, Shake Shack Inc. (SHAK) generated trailing twelve-month (TTM) revenue of $1.45 billion, reflecting exceptional growth of +21.9% year-over-year. The most recent quarter (Q4 2025) recorded $400.5 million in revenue, up 9.0% sequentially.
Looking at the longer-term picture, SHAK's 5-year compound annual growth rate (CAGR) stands at +22.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.45 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows SHAK's business is primarily driven by Shack Sales (96%), Sales-Based Royalties (4%), and Initial Territory and Opening Fees (0%). With over half of revenue concentrated in Shack Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including CAVA (-12.0% YoY), TXRH (+14.4% YoY), and WING (+9.0% YoY), SHAK has underperformed the peer group in terms of revenue growth. Compare SHAK vs CAVA →
SHAK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SHAKCurrent | $1.4B | +21.9% | +22.6% | 5.9% | |
 CAVA | $848M | -12.0% | - | 6.5% | |
 TXRH | $5.4B | +14.4% | +14.3% | 9.6% | |
 WING | $697M | +9.0% | +22.9% | 27.6% | |
 BROS | $1.6B | +28.4% | +38.0% | 9.8% | |
 DNUT | $1.5B | -8.6% | +6.3% | -2.2% |
SHAK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.45B | +15.4% | $259.8M | 18.0% | $85.8M | 5.9% |
| 2024 | $1.25B | +15.2% | $573.9M | 45.8% | $3.0M | 0.2% |
| 2023 | $1.09B | +20.8% | $478.2M | 44.0% | $5.9M | 0.5% |
| 2022 | $900.5M | +21.7% | $381.5M | 42.4% | $-26,894,000 | -3.0% |
| 2021 | $739.9M | +41.5% | $306.5M | 41.4% | $-15,853,000 | -2.1% |
| 2020 | $522.9M | -12.1% | $212.7M | 40.7% | $-43,876,000 | -8.4% |
| 2019 | $594.5M | +29.4% | $265.5M | 44.7% | $25.7M | 4.3% |
| 2018 | $459.3M | +28.0% | $211.1M | 46.0% | $31.7M | 6.9% |
| 2017 | $358.8M | +33.6% | $168.7M | 47.0% | $33.8M | 9.4% |
| 2016 | $268.5M | +40.9% | $129.2M | 48.1% | $27.8M | 10.4% |
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Start ComparisonSHAK — Frequently Asked Questions
Quick answers to the most common questions about buying SHAK stock.
Is SHAK's revenue growth accelerating or slowing?
SHAK revenue is accelerating at +21.9% year-over-year, exceeding the 5-year CAGR of +22.6%. TTM revenue reached $1.4B. Growth momentum has increased versus prior periods.
What is SHAK's long-term revenue growth rate?
Shake Shack Inc.'s 5-year revenue CAGR of +22.6% reflects the sustained expansion pattern. Current YoY growth of +21.9% is above this long-term average.
How is SHAK's revenue distributed by segment?
SHAK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.