Starbucks vs Shake Shack: revenue, profit, margins and growth compared
Starbucks brought in $37.2B of revenue in fiscal 2025, Shake Shack $1.4B in fiscal 2025. Revenue changed by +2.8% at Starbucks and +15.4% at Shake Shack on the year before, so Shake Shack grew faster. Starbucks kept 5.0% of its revenue as net profit, Shake Shack 3.2%. Free cash flow was $2.4B at Starbucks and $56.5M at Shake Shack.
Fiscal years as each company reports them; the two may end in different months.
Questions about Starbucks and Shake Shack
Which is bigger by revenue, Starbucks or Shake Shack?
Starbucks is bigger by revenue: $37.2B in fiscal 2025, against $1.4B for Shake Shack in fiscal 2025.
Which keeps more of its revenue as profit, Starbucks or Shake Shack?
Starbucks had a net margin of 5.0% in fiscal 2025; Shake Shack had 3.2% in fiscal 2025.
Which grew revenue faster, Starbucks or Shake Shack?
In their latest fiscal years revenue changed by +2.8% at Starbucks and +15.4% at Shake Shack.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.