Shake Shack Inc. Reports $423.3 million Revenue, Up 15.2%

Published November 5, 2026 at 9:24 AM EST

Shake Shack Inc. reported quarterly results highlighted by Total revenue of $423.3 million, up 15.2% versus 2025, including $408.0 million of Shack sales and $15.3 million of Licensing revenue., according to its earnings release filed with an 8-K Thursday.

Operating income of $21.5 million versus $18.5 million in 2025. Net income of $17.8 million versus $13.7 million in 2025. Adjusted EBITDA (1) of $62.8 million, up 16.0% versus 2025. Net income attributable to Shake Shack Inc. of $16.5 million, or earnings of $0.39 per diluted share.

Results detail

Further figures in the release included Adjusted pro forma net income (1) of $17.8 million, or earnings of $0.40 per fully exchanged and diluted share; Licensing revenue 15,247 3.6 % 14,565 4.0 % 42,118 3.5 % 38,867 3.7 %; TOTAL REVENUE 423,273 100.0 % 367,411 100.0 % 1,207,628 100.0 % 1,044,775 100.0 %; NET INCOME 17,767 4.2 % 13,711 3.7 % 34,355 2.8 % 36,707 3.5 %.

The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Shake Shack Inc. unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.

Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.

Why it matters

For retail investors, the Shake Shack Inc. print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.

By the numbers

Total revenue of $423.3 million, up 15.2% versus 2025, including $408.0 million of Shack sales and $15.3 million of Licensing revenue.
Operating income of $21.5 million versus $18.5 million in 2025.
Net income of $17.8 million versus $13.7 million in 2025.
Adjusted EBITDA (1) of $62.8 million, up 16.0% versus 2025.
Net income attributable to Shake Shack Inc. of $16.5 million, or earnings of $0.39 per diluted share.
Adjusted pro forma net income (1) of $17.8 million, or earnings of $0.40 per fully exchanged and diluted share.

Sources

Shake Shack Inc. Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0001620533-26-000040)

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Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.