Cheesecake Factory annual gross margin
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2025
Cheesecake Factory Gross Margin Growth & History (CAKE)
Cheesecake Factory's gross margin was 43.33% for fiscal 2025.
View full Cheesecake Factory company overviewCheesecake Factory annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-30 | 43.33% | +1.14 pp |
| 2024 | 2024-12-31 | 42.19% | +1.26 pp |
| 2023 | 2024-01-02 | 40.94% | +2.18 pp |
| 2022 | 2023-01-03 | 38.76% | −38.93 pp |
| 2021 | 2021-12-28 | 77.69% | +0.80 pp |
| 2020 | 2020-12-29 | 76.89% | −0.48 pp |
| 2019 | 2019-12-31 | 77.37% | +0.22 pp |
| 2018 | 2019-01-01 | 77.15% | +0.13 pp |
| 2017 | 2018-01-02 | 77.02% | +0.16 pp |
| 2016 | 2017-01-03 | 76.86% | +0.85 pp |
| 2015 | 2015-12-29 | 76.01% | +0.81 pp |
| 2014 | 2014-12-30 | 75.19% | −0.54 pp |
| 2013 | 2013-12-31 | 75.73% | +0.62 pp |
| 2012 | 2013-01-01 | 75.12% | +0.63 pp |
| 2011 | 2012-01-03 | 74.48% | −0.64 pp |
| 2010 | 2010-12-28 | 75.12% | −0.26 pp |
| 2009 | 2009-12-29 | 75.38% | +1.33 pp |
| 2008 | 2008-12-30 | 74.05% | — |
Cheesecake Factory quarterly gross margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 44.12% | +0.55 pp |
| Q1 2026 | 2026-03-31 | 42.79% | — |
| Q4 2025 | 2025-12-30 | 44.58% | — |
| Q3 2025 | 2025-09-30 | 42.64% | — |
| Q2 2025 | 2025-07-01 | 43.57% | — |
| Q3 2022 | 2022-09-27 | 74.77% | −2.77 pp |
| Q2 2022 | 2022-06-28 | 75.48% | −2.55 pp |
| Q1 2022 | 2022-03-29 | 76.25% | −2.09 pp |
| Q4 2021 | 2021-12-28 | 76.97% | −0.10 pp |
| Q3 2021 | 2021-09-28 | 77.54% | +0.36 pp |
| Q2 2021 | 2021-06-29 | 78.03% | +2.41 pp |
| Q1 2021 | 2021-03-30 | 78.34% | +1.25 pp |
| Q4 2020 | 2020-12-29 | 77.06% | −0.14 pp |
| Q3 2020 | 2020-09-29 | 77.19% | −0.14 pp |
| Q2 2020 | 2020-06-30 | 75.62% | −2.08 pp |
| Q1 2020 | 2020-03-31 | 77.09% | −0.19 pp |
| Q4 2019 | 2019-12-31 | 77.20% | +0.24 pp |
| Q3 2019 | 2019-10-01 | 77.33% | +0.31 pp |
| Q2 2019 | 2019-07-02 | 77.69% | +0.11 pp |
| Q1 2019 | 2019-04-02 | 77.28% | +0.24 pp |
| Q4 2018 | 2019-01-01 | 76.96% | +0.40 pp |
| Q3 2018 | 2018-10-02 | 77.02% | −0.03 pp |
| Q2 2018 | 2018-07-03 | 77.58% | +0.18 pp |
| Q1 2018 | 2018-04-03 | 77.04% | −0.04 pp |
| Q4 2017 | 2018-01-02 | 76.56% | −0.21 pp |
| Q3 2017 | 2017-10-03 | 77.05% | +0.06 pp |
| Q2 2017 | 2017-07-04 | 77.40% | +0.11 pp |
| Q1 2017 | 2017-04-04 | 77.08% | +0.70 pp |
| Q4 2016 | 2017-01-03 | 76.77% | +0.54 pp |
| Q3 2016 | 2016-09-27 | 76.99% | +0.84 pp |
| Q2 2016 | 2016-06-28 | 77.29% | +1.22 pp |
| Q1 2016 | 2016-03-29 | 76.38% | +0.83 pp |
| Q4 2015 | 2015-12-29 | 76.24% | +1.50 pp |
| Q3 2015 | 2015-09-29 | 76.15% | +1.00 pp |
| Q2 2015 | 2015-06-30 | 76.07% | +0.38 pp |
| Q1 2015 | 2015-03-31 | 75.56% | +0.35 pp |
| Q4 2014 | 2014-12-30 | 74.73% | −0.85 pp |
| Q3 2014 | 2014-09-30 | 75.15% | −0.91 pp |
| Q2 2014 | 2014-07-01 | 75.69% | −0.28 pp |
| Q1 2014 | 2014-04-01 | 75.21% | −0.11 pp |
| Q4 2013 | 2013-12-31 | 75.58% | +1.38 pp |
| Q3 2013 | 2013-10-01 | 76.06% | +0.66 pp |
| Q2 2013 | 2013-07-02 | 75.97% | +0.39 pp |
| Q1 2013 | 2013-04-02 | 75.32% | +0.01 pp |
| Q4 2012 | 2013-01-01 | 74.19% | +0.28 pp |
| Q3 2012 | 2012-10-02 | 75.40% | +0.79 pp |
| Q2 2012 | 2012-07-03 | 75.59% | +1.11 pp |
| Q1 2012 | 2012-04-03 | 75.31% | +0.30 pp |
| Q4 2011 | 2012-01-03 | 73.92% | +0.17 pp |
| Q3 2011 | 2011-09-27 | 74.61% | −0.99 pp |
| Q2 2011 | 2011-06-28 | 74.48% | −0.99 pp |
| Q1 2011 | 2011-03-29 | 75.01% | −0.67 pp |
| Q4 2010 | 2010-12-28 | 73.74% | — |
| Q3 2010 | 2010-09-28 | 75.60% | −0.49 pp |
| Q2 2010 | 2010-06-29 | 75.47% | −0.19 pp |
| Q1 2010 | 2010-03-30 | 75.68% | — |
| Q3 2009 | 2009-09-29 | 76.09% | — |
| Q2 2009 | 2009-06-30 | 75.66% | — |
Cheesecake Factory gross margin trends
Over the last five fiscal years, Cheesecake Factory's gross margin decreased from 76.89% to 43.33%, a change of −33.56 percentage points. The latest reported quarter, Q2 2026, shows 44.12%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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