Shake Shack Q1 2026 revenue rises 14.3% to $366.7 million; net loss of $0.3 million
Shake Shack reported first-quarter 2026 revenue of $366.7 million, up 14.3% from a year earlier, with same-Shack sales up 4.6%. The company swung to a net loss of $0.3 million, or $0.01 per diluted share, from net income of $4.5 million a year earlier, and Adjusted EBITDA fell 9.3% to $37.0 million, which the company said was pressured by weather. Shareholders see strong sales growth offset by lower profit, and the company raised its 2026 guidance for new Company-operated Shack openings to 60-65 from 55-60.
Key points
- Total revenue $366.7 million, up 14.3%; Shack sales $354.0 million and licensing revenue $12.7 million
- Operating loss of $2.6 million versus operating income of $2.8 million a year earlier
- Net loss attributable to Shake Shack Inc. of $0.3 million, or $0.01 per diluted share, versus $4.2 million net income, or $0.10 per diluted share, in the prior-year quarter
- Guidance raised to 60-65 new Company-operated Shacks for 2026, from 55-60; weather reduced same-Shack sales growth by 240 basis points
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.