Business
Shake Shack operates and licenses premium fast-casual restaurants.
Shake Shack grew revenue, remained profitable, generated positive free cash flow at a 4.3% operating margin. Unit expansion increased capital spending, inventory and stock compensation faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 15.4%OK
- Profitability — Net income grew 348.0% to $45.725M from $10.207MOK
- Cash flow — Free cash flow grew 58.5% to $56.506M from $35.656MOK
- Margins — Operating margin expanded 408 bps to 4.32%OK
- Accounting — Unit expansion increased capital spending, inventory and stock compensation faster than revenueNote
- Insiders — 6 purchases and 5 salesOK
Where the revenue comes from
Fiscal 2025, as Shake Shack Inc. reports it. History and quarterly detail are in the app.
- Shack sales$1.4B
- Licensing revenue$54.1M
- Sales-based royalties$51.5M
- Initial territory, opening, and termination fees$2.6M
Leadership changes
From Shake Shack Inc.'s own filings, the day they're filed.
- Christiane Pendarvis · director · appointmenteff. 2026-07-02
- Michelle Hook · Chief Financial Officer · appointmenteff. 2026-05-11
- Joshua Silverman · Directors · departureeff. 2026-05-01
Latest filings
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-06-12
- 8-K · Company announcement2026-06-11
- 8-K · Company announcement2026-06-02
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Shake Shack Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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