Short answer
Shake Shack Inc. (SHAK) filed its fiscal 2025 10-K annual report with the SEC on Feb 26, 2026. It reported revenue of $1.4B (+15.4% year over year) and net income of $46M.
- Top risk flagged: Sarbanes-Oxley Act Section 404 compliance risk affecting ability to produce timely, accurate financial reports and stock price
FY2025 key financial metrics · XBRL
- Revenue
- $1.4B
- +15.4% YoY
- Net income
- $46M
- +348.0% YoY
- Operating margin
- 4.3%
- +4.1 pp YoY
- EPS (diluted)
- $1.09
- +354.2% YoY
- ROE
- 8.7%
- +6.5 pp YoY
- Operating cash flow
- $222M
- +29.9% YoY
Source: XBRL data from the Shake Shack Inc. (SHAK) FY2025 10-K on SEC EDGAR. USD.
Shake Shack Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Operates fast-casual restaurants specializing in premium burgers and shakes
- No new products, services, or segments disclosed in this filing year
- Continued reliance on equity incentive plans, with 3,002,096 shares authorized for issuance under 2025 Incentive Award Plan
- Employment agreements amended for key executives including CEO Robert Lynch and others in 2024-2025
- Filing largely incorporates information by reference to Proxy Statement; no standalone business narrative presented this year
Management Discussion & Analysis
- Forward-looking statements warn of risks, uncertainties affecting future results
- Management emphasizes growth goals, strategic priorities, and liquidity as outlook focus
Risk Factors
- Sarbanes-Oxley Act Section 404 compliance risk affecting ability to produce timely, accurate financial reports and stock price
- International licensed Shack ingredient supply chain risk from U.S. export disruptions impacting costs and operations abroad
- Single national distributor handles ~95% of U.S. food distribution, posing supply shortage and cost increase risk if disrupted
- Competitors increasingly sourcing higher-quality ingredients could erode Shake Shack's differentiation based on premium sourcing
- Convertible notes debt servicing risk with substantial cash needs potentially unmet by operating cash flows
Generated from the filing text; verify against the original. How to read a 10-K
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