Shake Shack (SHAK) revenue breakdown

Consumer Cyclical · Restaurants · Market cap $2.9B

By product, Shack sales is the largest at 96% of fiscal 2025 revenue, growing 21% a year over 9 years.

By region, United States is the largest at 97% of fiscal 2025 revenue, growing 21% a year over 9 years.

Revenue by product

Fiscal years, as Shake Shack reports them in its 10-K filings; fiscal 2025 total $1.4B.

Products2016201720182019202020212022202320242025Share
Shack sales$259M$346M$446M$575M$506M$715M$869M$1.0B$1.2B$1.4B 96%
Sales-based royalties$9M$12M$13M$19M$16M$24M$30M$40M$43M$52M 4%
Initial territory, opening, and termination fees$360,000$789,000$299,000$576,000$755,000$754,000$1M$861,000$2M$3M 0%

Revenue by region

Fiscal years, as Shake Shack reports them in its 10-K filings; fiscal 2025 total $1.4B.

Regions2016201720182019202020212022202320242025Share
United States$261M$349M$448M$579M$508M$718M$875M$1.1B$1.2B$1.4B 97%
Other countries$8M$10M$12M$16M$15M$22M$25M$31M$33M$38M 3%
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Questions

Where does Shake Shack make its money?

In fiscal 2025, by product: Shack sales $1.4B, Sales-based royalties $52M, Initial territory, opening, and termination fees $3M.

From Shake Shack's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.