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Shake Shack (SHAK) Revenue & Revenue Breakdown

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Shake Shack Revenue Highlights

Latest Revenue (Y)

$1.45B

Latest Revenue (Q)

$367.41M

Main Segment (Y)

Shack Sales

Main Geography (Y)

UNITED STATES

Shake Shack Revenue by Period

Shake Shack Revenue by Year

DateRevenueChange
2025-12-31$1.45B15.38%
2024-12-25$1.25B15.18%
2023-12-31$1.09B20.77%
2022-12-31$900.49M21.70%
2021-12-31$739.89M41.51%
2020-12-31$522.87M-12.05%
2019-12-31$594.52M29.44%
2018-12-31$459.31M28.01%
2017-12-31$358.81M33.65%
2016-12-31$268.48M40.86%
2015-12-31$190.59M60.80%
2014-12-31$118.53M43.75%
2013-12-31$82.46M44.56%
2012-12-31$57.04M-

Shake Shack generated $1.45B in revenue during NA 2025, up 15.38% compared to the previous quarter, and up 276.42% compared to the same period a year ago.

Shake Shack Revenue by Quarter

DateRevenueChange
2025-09-24$367.41M3.07%
2025-06-25$356.47M11.08%
2025-03-26$320.90M-2.37%
2024-12-31$328.68M3.71%
2024-09-25$316.92M0.14%
2024-06-26$316.50M8.95%
2024-03-27$290.50M1.49%
2023-12-31$286.24M3.63%
2023-09-27$276.21M1.62%
2023-06-28$271.81M7.31%
2023-03-29$253.28M6.18%
2022-12-31$238.53M4.70%
2022-09-28$227.81M-1.27%
2022-06-29$230.75M13.45%
2022-03-30$203.39M0.07%
2021-12-31$203.26M4.83%
2021-09-29$193.90M3.43%
2021-06-30$187.46M20.72%
2021-03-31$155.28M-1.41%
2020-12-31$157.51M20.79%
2020-09-23$130.40M42.07%
2020-06-24$91.79M-35.89%
2020-03-25$143.17M-5.46%
2019-12-31$151.44M-4.01%
2019-09-25$157.76M3.31%
2019-06-26$152.71M15.16%
2019-03-27$132.61M6.71%
2018-12-31$124.27M3.86%
2018-09-26$119.65M2.89%
2018-06-27$116.28M17.32%
2018-03-28$99.12M3.10%
2017-12-27$96.14M1.61%
2017-09-27$94.61M3.61%
2017-06-28$91.32M18.98%
2017-03-29$76.75M4.75%
2016-12-28$73.27M-1.74%
2016-09-28$74.57M12.18%
2016-06-29$66.47M22.72%
2016-03-30$54.16M6.08%
2015-12-30$51.06M-4.15%
2015-09-30$53.27M9.95%
2015-07-01$48.45M28.15%
2015-04-01$37.81M8.73%
2014-12-31$34.77M9.26%
2014-09-30$31.82M14.74%
2014-06-30$27.74M14.63%
2014-03-31$24.20M5.42%
2013-12-31$22.95M-

Shake Shack generated $367.41M in revenue during Q3 2025, up 3.07% compared to the previous quarter, and up 116.09% compared to the same period a year ago.

Shake Shack Revenue Breakdown

Shake Shack Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Shack Sales$1.39B$1.21B$1.05B$869.27M$714.99M
Sales-Based Royalties$51.53M$43.49M$39.85M$30.20M$24.15M
Initial Territory and Opening Fees$2.61M$1.56M$861.00K$1.01M$754.00K

Shake Shack's latest annual revenue breakdown by segment (product or service), as of Dec 25: Shack Sales (96.25%), Sales-Based Royalties (3.57%), and Initial Territory and Opening Fees (0.18%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Sales-Based Royalties$25.36M$13.56M$12.61M$11.66M$11.57M$10.62M$9.63M$10.46M$10.90M$9.71M$8.78M$8.27M$8.05M$7.49M$6.40M$7.19M$6.71M$5.83M$4.42M-
Shack Sales$385.26M$352.85M$343.22M$309.84M$316.63M$304.90M$305.48M$280.55M$275.77M$264.98M$261.81M$244.25M$229.92M$219.50M$223.05M$196.79M$195.88M$186.97M$181.47M$150.67M
Initial Territory and Opening Fees$975.00K$1.00M$629.00K$389.00K$460.00K$392.00K$319.00K$3.00K$329.00K$283.00K$246.00K$337.00K$263.00K$212.00K$200.00K$188.00K$212.00K$165.00K$189.00K-
Franchise---$11.06M----------------

Shake Shack's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Shack Sales (93.60%), Sales-Based Royalties (6.16%), and Initial Territory and Opening Fees (0.24%).

Shake Shack Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
UNITED STATES$1.41B$1.22B$1.06B$875.05M$718.13M
Non-US$38.21M$33.25M$30.78M$25.44M$21.77M

Shake Shack's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (97.36%), and Non-US (2.64%).

Shake Shack Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PVHPVH$8.65B$2.29B
SONSonoco Products$7.52B$2.13B
RUSHARush Enterprises$7.43B$1.88B
PIIPolaris$7.15B$1.84B
ASOAcademy Sports and Outdoors$5.93B$1.38B
HGVHilton Grand Vacations$5.05B$1.30B
MHOM/I Homes$4.42B$1.13B
TNLTravel + Leisure$4.02B$511.00M
CAKECheesecake Factory$3.75B$907.23M
SKYChampion Homes$2.02B$656.61M
SHAKShake Shack$1.45B$367.41M

SHAK Revenue FAQ

What is Shake Shack’s yearly revenue?

Shake Shack's yearly revenue for 2025 was $1.45B, representing an increase of 15.38% compared to 2024. The company's yearly revenue for 2024 was $1.25B, representing an increase of 15.18% compared to 2023. SHAK's yearly revenue for 2023 was $1.09B, representing an increase of 20.77% compared to 2022.

What is Shake Shack’s quarterly revenue?

Shake Shack's quarterly revenue for Q3 2025 was $367.41M, a 3.07% increase from the previous quarter (Q2 2025), and a 15.93% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $356.47M, a 11.08% increase from the previous quarter (Q1 2025), and a 12.63% increase year-over-year (Q2 2024). SHAK's quarterly revenue for Q1 2025 was $320.9M, a -2.37% decrease from the previous quarter (Q4 2024), and a 10.46% increase year-over-year (Q1 2024).

What is Shake Shack’s revenue growth rate?

Shake Shack's revenue growth rate for the last 3 years (2023-2025) was 32.90%, and for the last 5 years (2021-2025) was 95.34%.

What are Shake Shack’s revenue streams?

Shake Shack's revenue streams in c 25 are Shack Sales, Sales-Based Royalties, and Initial Territory and Opening Fees. Shack Sales generated $1.39B in revenue, accounting 96.25% of the company's total revenue, up 15.20% year-over-year. Sales-Based Royalties generated $51.53M in revenue, accounting 3.57% of the company's total revenue, up 18.50% year-over-year. Initial Territory and Opening Fees generated $2.61M in revenue, accounting 0.18% of the company's total revenue, up 67.18% year-over-year.

What is Shake Shack’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Shake Shack was Shack Sales. This segment made a revenue of $1.39B, representing 96.25% of the company's total revenue.