Filing Flows › Shake Shack (SHAK) › Operating margin
Shake Shack (SHAK) operating margin by quarter
Shake Shack's operating margin was 5.1% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026. Over the last 6 quarters it ranged from 0.9% (Q1 2025) to 6.3% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 5.1% | +0.1 pts | +0.0 pts |
| Q2 2026 | 5.0% | +0.3 pts | -1.3 pts |
| Q4 2025 | 4.7% | -0.4 pts | — |
| Q3 2025 | 5.0% | -1.2 pts | — |
| Q2 2025 | 6.3% | +5.4 pts | — |
| Q1 2025 | 0.9% | — | — |
Q3 2026 at a glance
Shake Shack, Q3 2026: revenue $423M (+15% year over year), operating margin 5.1%, net earnings $16.5M, operating cash flow $70.6M. The chart follows the revenue to costs, profit and cash.
Questions
What is Shake Shack's operating margin?
Shake Shack's operating margin was 5.1% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026.
How has Shake Shack's operating margin changed?
Over the last 6 quarters it ranged from 0.9% (Q1 2025) to 6.3% (Q2 2025).