vs

Side-by-side financial comparison of Shake Shack Inc. (SHAK) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.

Shake Shack Inc. is the larger business by last-quarter revenue ($366.7M vs $340.2M, roughly 1.1× Simply Good Foods Co). Simply Good Foods Co runs the higher net margin — 7.4% vs -0.1%, a 7.5% gap on every dollar of revenue. On growth, Shake Shack Inc. posted the faster year-over-year revenue change (14.3% vs -0.3%). Over the past eight quarters, Shake Shack Inc.'s revenue compounded faster (7.6% CAGR vs 3.0%).

Shake Shack is an American multinational fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. In 2004, it received a permit to open a permanent kiosk within the park, expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes.

Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.

SHAK vs SMPL — Head-to-Head

Bigger by revenue
SHAK
SHAK
1.1× larger
SHAK
$366.7M
$340.2M
SMPL
Growing faster (revenue YoY)
SHAK
SHAK
+14.6% gap
SHAK
14.3%
-0.3%
SMPL
Higher net margin
SMPL
SMPL
7.5% more per $
SMPL
7.4%
-0.1%
SHAK
Faster 2-yr revenue CAGR
SHAK
SHAK
Annualised
SHAK
7.6%
3.0%
SMPL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SHAK
SHAK
SMPL
SMPL
Revenue
$366.7M
$340.2M
Net Profit
$-294.0K
$25.3M
Gross Margin
32.3%
Operating Margin
11.0%
Net Margin
-0.1%
7.4%
Revenue YoY
14.3%
-0.3%
Net Profit YoY
-33.7%
EPS (diluted)
$-0.01
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SHAK
SHAK
SMPL
SMPL
Q1 26
$366.7M
Q4 25
$400.5M
$340.2M
Q3 25
$367.4M
Q2 25
$356.5M
$381.0M
Q1 25
$320.9M
Q4 24
$328.7M
$341.3M
Q3 24
$316.9M
$375.7M
Q2 24
$316.5M
$334.8M
Net Profit
SHAK
SHAK
SMPL
SMPL
Q1 26
$-294.0K
Q4 25
$11.8M
$25.3M
Q3 25
$12.5M
Q2 25
$17.1M
$41.1M
Q1 25
$4.2M
Q4 24
$8.7M
$38.1M
Q3 24
$-10.2M
$29.3M
Q2 24
$9.7M
$41.3M
Gross Margin
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
32.3%
Q3 25
Q2 25
36.4%
Q1 25
Q4 24
38.2%
Q3 24
38.8%
Q2 24
39.9%
Operating Margin
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
4.7%
11.0%
Q3 25
5.0%
Q2 25
6.3%
15.6%
Q1 25
0.9%
Q4 24
3.1%
16.0%
Q3 24
-5.7%
12.7%
Q2 24
3.4%
17.6%
Net Margin
SHAK
SHAK
SMPL
SMPL
Q1 26
-0.1%
Q4 25
3.0%
7.4%
Q3 25
3.4%
Q2 25
4.8%
10.8%
Q1 25
1.3%
Q4 24
2.6%
11.2%
Q3 24
-3.2%
7.8%
Q2 24
3.1%
12.3%
EPS (diluted)
SHAK
SHAK
SMPL
SMPL
Q1 26
$-0.01
Q4 25
$0.28
$0.26
Q3 25
$0.30
Q2 25
$0.41
$0.40
Q1 25
$0.10
Q4 24
$0.22
$0.38
Q3 24
$-0.26
$0.29
Q2 24
$0.23
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SHAK
SHAK
SMPL
SMPL
Cash + ST InvestmentsLiquidity on hand
$313.6M
$194.1M
Total DebtLower is stronger
$248.0M
Stockholders' EquityBook value
$554.6M
$1.7B
Total Assets
$1.9B
$2.5B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHAK
SHAK
SMPL
SMPL
Q1 26
$313.6M
Q4 25
$360.1M
$194.1M
Q3 25
$357.8M
Q2 25
$336.8M
$98.0M
Q1 25
$312.9M
Q4 24
$320.7M
$121.8M
Q3 24
$310.9M
$132.5M
Q2 24
$304.4M
$208.7M
Total Debt
SHAK
SHAK
SMPL
SMPL
Q1 26
$248.0M
Q4 25
$247.7M
Q3 25
$247.5M
Q2 25
$247.2M
Q1 25
$246.9M
Q4 24
$246.7M
Q3 24
$246.4M
$397.5M
Q2 24
$246.2M
$237.7M
Stockholders' Equity
SHAK
SHAK
SMPL
SMPL
Q1 26
$554.6M
Q4 25
$525.3M
$1.7B
Q3 25
$509.0M
Q2 25
$494.1M
$1.8B
Q1 25
$473.3M
Q4 24
$470.0M
$1.8B
Q3 24
$456.1M
$1.7B
Q2 24
$462.4M
$1.7B
Total Assets
SHAK
SHAK
SMPL
SMPL
Q1 26
$1.9B
Q4 25
$1.9B
$2.5B
Q3 25
$1.8B
Q2 25
$1.8B
$2.4B
Q1 25
$1.7B
Q4 24
$1.7B
$2.4B
Q3 24
$1.7B
$2.4B
Q2 24
$1.7B
$2.2B
Debt / Equity
SHAK
SHAK
SMPL
SMPL
Q1 26
0.45×
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.50×
Q1 25
0.52×
Q4 24
0.52×
Q3 24
0.54×
0.23×
Q2 24
0.53×
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SHAK
SHAK
SMPL
SMPL
Operating Cash FlowLast quarter
$8.5M
$50.1M
Free Cash FlowOCF − Capex
$48.0M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.98×
TTM Free Cash FlowTrailing 4 quarters
$223.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHAK
SHAK
SMPL
SMPL
Q1 26
$8.5M
Q4 25
$63.1M
$50.1M
Q3 25
$63.0M
Q2 25
$65.0M
$101.1M
Q1 25
$31.2M
Q4 24
$45.1M
$32.0M
Q3 24
$41.9M
$48.9M
Q2 24
$53.5M
$72.8M
Free Cash Flow
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
$4.0M
$48.0M
Q3 25
$23.7M
Q2 25
$26.9M
$98.9M
Q1 25
$1.9M
Q4 24
$10.4M
$31.7M
Q3 24
$7.1M
$45.0M
Q2 24
$20.6M
$72.0M
FCF Margin
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
1.0%
14.1%
Q3 25
6.5%
Q2 25
7.5%
25.9%
Q1 25
0.6%
Q4 24
3.2%
9.3%
Q3 24
2.2%
12.0%
Q2 24
6.5%
21.5%
Capex Intensity
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
14.8%
0.6%
Q3 25
10.7%
Q2 25
10.7%
0.6%
Q1 25
9.1%
Q4 24
10.6%
0.1%
Q3 24
11.0%
1.0%
Q2 24
10.4%
0.2%
Cash Conversion
SHAK
SHAK
SMPL
SMPL
Q1 26
Q4 25
5.34×
1.98×
Q3 25
5.04×
Q2 25
3.79×
2.46×
Q1 25
7.36×
Q4 24
5.18×
0.84×
Q3 24
1.67×
Q2 24
5.54×
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SHAK
SHAK

Segment breakdown not available.

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

Related Comparisons