Shake Shack
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Shake Shack's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $1,087,533,000. The net income raised on $20,264,000 and profit margin reached 2%. Total operating expenses were $472,317,000.
Profit Margin
| 2014 | 118.53M | 2.11M | 1.79% |
|---|---|---|---|
| 2015 | 190.59M | -8.77M | -4.6% |
| 2016 | 268.47M | 12.44M | 4.64% |
| 2017 | 358.81M | -2.26M | -0.63% |
| 2018 | 459.31M | 15.17M | 3.3% |
| 2019 | 594.51M | 19.82M | 3.33% |
| 2020 | 522.86M | -45.53M | -8.71% |
| 2021 | 739.89M | -10.11M | -1.37% |
| 2022 | 900.48M | -25.96M | -2.88% |
| 2023 | 1.08B | 20.26M | 1.86% |
SHAK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.08B | 900.48M | 739.89M | 522.86M | 594.51M | 459.31M | 358.81M | 268.47M | 190.59M | 118.53M |
Cost of revenue | 689.14M | 518.94M | 433.37M | 310.14M | 328.98M | 248.19M | 190.07M | 139.29M | 98.83M | 64.23M |
Gross profit | 398.39M | 381.54M | 306.51M | 212.71M | 265.53M | 211.12M | 168.73M | 129.18M | 91.76M | 54.29M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.60M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 472.31M | 406.01M | 320.73M | 246.44M | 238.49M | 178.49M | 134.31M | 101.34M | 84.99M | 51.04M |
Operating income | 5.92M | -20.34M | -14.12M | -34.51M | 25.68M | 31.71M | 33.81M | 27.80M | 6.75M | 3.14M |
Other income (expenses), net | 11.05M | -3.94M | -3.20M | -1.60M | 1.82M | 597K | 126.48M | 1.03M | -325K | -363K |
Income before tax | 16.98M | -24.28M | -17.33M | -45.47M | 27.51M | 30.81M | 160.29M | 28.49M | 6.42M | 2.78M |
Income tax expense | -4.01M | 1.68M | -7.22M | 57K | 3.38M | 8.86M | 153.35M | 6.35M | 3.30M | 662K |
Net income | 20.26M | -25.96M | -10.11M | -45.53M | 19.82M | 15.17M | -2.26M | 12.44M | -8.77M | 2.11M |
Earnings per share | ||||||||||
Basic EPS | 0.51 | -0.66 | -0.26 | -1.23 | 0.63 | 0.54 | -0.08 | 0.54 | -0.65 | 0.19 |
Diluted EPS | 0.46 | -0.66 | -0.26 | -1.23 | 0.61 | 0.52 | -0.08 | 0.53 | -0.65 | 0.19 |
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