Jun 2026 (Q2 FY26) — Aug 5, 2026
Shake Shack Q2 FY26 — Strong Sales and Unit Growth Despite Cost Headwinds
Read the full callShake Shack (SHAK) earnings
- Jul 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Shake Shack earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 418 | +17.2% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 5.0 | −1.3 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 15.7 | −8.6% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
$69.99 −0.88% · −$0.62
Performance −24.0% 1Y
1Y: $92.14 on 15 Oct 2025 → $69.99. High $104.69 (20 Apr 2026), low $52.34 (5 Jun 2026).
- Previous close
- $70.61
- 52-week range
- $52.34 – $104.69
- One year
- −24.95%
Overview
- Symbol
- SHAK
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Shake Shack earnings calls (SHAK)
Financials
What the filings say
Net profit, year on year: −9% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 317 | 329 | 321 | 356 | 367 | 401 | 367 | 418 |
| Operating profit | -18 | 10 | 3 | 22 | 19 | 19 | -3 | 21 |
| Operating margin | −5.7% | 3.1% | 0.9% | 6.3% | 5.0% | 4.7% | −0.7% | 5.0% |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -15 | 13 | 5 | 25 | 21 | 22 | -0 | 23 |
| Tax rate | 25.9% | 27.9% | 14.0% | 25.1% | 35.2% | 39.6% | 33.0% | 25.9% |
| Net profit | -10 | 9 | 4 | 17 | 13 | 12 | -0 | 16 |
| EPS ($ per share) | -0.26 | — | 0.11 | 0.43 | 0.31 | — | -0.01 | 0.39 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 30 | 54 | 12 | 18 | -3 | 17 | 27 | 73 |
| Total liabilities | 337 | 646 | 711 | 1,022 | 1,075 | 1,136 | 1,203 | 1,342 |
| Fixed assets | 262 | 315 | 337 | 389 | 467 | 531 | 552 | 626 |
| Investments | 62 | 37 | 37 | 80 | 81 | 69 | 0 | — |
| Total assets | 611 | 968 | 1,145 | 1,472 | 1,512 | 1,606 | 1,697 | 1,896 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 85 | 90 | 37 | 58 | 77 | 132 | 171 | 222 |
| Cash from investing | -87 | -81 | -69 | -145 | -143 | -132 | -66 | -166 |
| Cash from financing | 4 | 3 | 142 | 242 | -5 | -6 | -9 | -17 |
| Net cash flow | 3 | 12 | 110 | 156 | -72 | -6 | 96 | 39 |
| Capital expenditure | -88 | -107 | -69 | -101 | -143 | -146 | -135 | -166 |
| Free cash flow | -2 | -17 | -32 | -43 | -66 | -14 | 36 | 57 |
Insider filings
37 filings between Nov 25, 2025 and Jul 15, 2026.
Open market
decisions to buy or sellPurchases
$3.23M
9 purchases by 6 insiders
Sales
$178.1K
6 sales by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 13
- Award — granted as compensation
- 1
- Option exercise — converted options into shares
- 8
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Meyer Daniel Harris | $2.00M | — | May 15, 2026 |
| Silverman Josh | $500.5K | — | May 15, 2026 |
| Lynch Robert | $301.9K | — | May 15, 2026 |
| Balbale Sumaiya | $249.9K | — | May 15, 2026 |
| Sentell Stephanie Ann | — | $178.1K | Apr 15, 2026 |
| Chapman Charles J III | $122.7K | — | May 15, 2026 |
| Flug Jeffrey | $61.3K | — | May 15, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 15, 2026 | Sentell Stephanie Ann Chief Operations Officer | Tax withheld | 639 | $38.3K |
| Jul 2, 2026 | Pendarvis Christiane Director | Award | 2,480 | $0 |
| Jun 15, 2026 | Hook Michelle Greig Chief Financial Officer | Award | 20,548 | $0 |
| Jun 10, 2026 | Meyer Daniel Harris Director | Award | 6,333 | $345.0K |
| Jun 10, 2026 | LAWRENCE JEFFREY D Director | Award | 4,589 | $250.0K |
| Jun 10, 2026 | GEORGE LORI A Director | Award | 2,754 | $150.0K |
| Jun 10, 2026 | Chapman Charles J III Director | Award | 4,039 | $220.0K |
| Jun 10, 2026 | Balbale Sumaiya Director | Award | 4,498 | $245.1K |
| Jun 10, 2026 | Flug Jeffrey Director | Award | 2,891 | $157.5K |
| Jun 10, 2026 | Walker Tristan Director | Award | 2,570 | $140.0K |
| May 23, 2026 | Lynch Robert Chief Executive Officer | Tax withheld | 3,687 | $231.2K |
| May 23, 2026 | Lynch Robert Chief Executive Officer | Tax withheld | 2,305 | $144.6K |
| May 15, 2026 | Chapman Charles J III Director | Purchase | 780 | $47.9K |
| May 15, 2026 | Chapman Charles J III Director | Purchase | 220 | $13.5K |
| May 15, 2026 | Chapman Charles J III Director | Purchase | 1,000 | $61.3K |
| May 15, 2026 | Flug Jeffrey Director | Purchase | 1,000 | $61.3K |
| May 15, 2026 | Lynch Robert Chief Executive Officer | Purchase | 5,000 | $301.9K |
| May 15, 2026 | Silverman Josh Director | Purchase | 100 | $6.1K |
| May 15, 2026 | Silverman Josh Director | Purchase | 8,190 | $494.4K |
| May 15, 2026 | Meyer Daniel Harris Director | Purchase | 32,258 | $2.00M |
| May 15, 2026 | Balbale Sumaiya Director | Purchase | 4,068 | $249.9K |
| Apr 15, 2026 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 258 | $26.4K |
| Mar 6, 2026 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 225 | $21.1K |
| Mar 1, 2026 | Shake Shack Inc. Corporate Controller | Tax withheld | 173 | $16.6K |
| Mar 1, 2026 | Shake Shack Inc. Corporate Controller | Tax withheld | 151 | $14.5K |
| Mar 1, 2026 | Shake Shack Inc. Corporate Controller | Award | 1,059 | $0 |
| Mar 1, 2026 | Shake Shack Inc. Corporate Controller | Award | 267 | $0 |
| Mar 1, 2026 | Shake Shack Inc. Corporate Controller | Tax withheld | 132 | $12.7K |
| Mar 1, 2026 | Sentell Stephanie Ann Chief Operations Officer | Award | 6,397 | $0 |
| Mar 1, 2026 | Lynch Robert Chief Executive Officer | Tax withheld | 1,933 | $185.6K |
| Mar 1, 2026 | Sentell Stephanie Ann Chief Operations Officer | Tax withheld | 337 | $32.4K |
| Mar 1, 2026 | Lynch Robert Chief Executive Officer | Award | 26,685 | $0 |
| Jan 20, 2026 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 200 | $19.8K |
| Jan 7, 2026 | Meyer Daniel Harris Director | Option exercise | 2,003 | $69.3K |
| Dec 19, 2025 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 200 | $17.2K |
| Nov 25, 2025 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 200 | $17.1K |
| Nov 25, 2025 | Sentell Stephanie Ann Chief Operations Officer | Sale 10b5-1 plan | 900 | $76.5K |
| Jul 15, 2025 | Fogertey Katherine Irene Chief Financial Officer | Tax withheld | 2,378 | $326.1K |
| Jul 15, 2025 | Sentell Stephanie Ann Chief Operations Officer | Tax withheld | 643 | $88.2K |
| Jul 8, 2025 | Fogertey Katherine Irene Chief Financial Officer | Sale 10b5-1 plan | 670 | $93.8K |
| Jul 7, 2025 | Fogertey Katherine Irene Chief Financial Officer | Sale 10b5-1 plan | 1,243 | $176.2K |
| Jul 7, 2025 | Fogertey Katherine Irene Chief Financial Officer | Sale 10b5-1 plan | 692 | $97.2K |
| Jul 7, 2025 | Fogertey Katherine Irene Chief Financial Officer | Sale 10b5-1 plan | 88 | $12.5K |
| Jul 2, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 14,200 | $1.99M |
| Jul 1, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 3,400 | $468.4K |
| Jul 1, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 823 | $115.5K |
| Jul 1, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 6,377 | $892.8K |
| Jul 1, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 5,200 | $719.9K |
| Jun 26, 2025 | Meyer Daniel Harris Director | Sale 10b5-1 plan | 20,000 | $2.80M |
| Jun 13, 2025 | Fogertey Katherine Irene Chief Financial Officer | Sale 10b5-1 plan | 228 | $28.3K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Shake Shack Inc.
Free account. Everything above stays public.
Write why you follow Shake Shack Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading