The Inventing Press

Shake Shack Inc.

Financial highlights

MetricFY 12/31/25FY 12/25/24FY 12/27/23FY 09/27/23FY 06/28/23
Income Statement
Revenue$1.4B$1.3B$1.1B
Operating expenses$1.4B$1.2B$1.1B
Operating income$62.5M$3.0M$5.9M
Interest expense$2.2M$2.0M$1.7M
Pretax income$72.6M$14.2M$17.0M
Income tax expense$22.9M$3.4M-$4.0M
Net income$45.7M$10.2M$20.3M
Balance Sheet
Cash and equivalents$360.1M$320.7M$224.7M$190.0M$203.7M
Current assets$430.3M$368.2M$334.4M$323.2M$329.5M
Total assets$1.9B$1.7B$1.6B$1.6B$1.5B
Current liabilities$244.9M$187.3M$164.1M$152.2M$150.2M
Total liabilities$1.3B$1.2B$1.1B$1.1B$1.1B
Stockholders' equity$525.3M$470.0M$443.4M$433.4M$423.4M
Cash Flow Statement
Cash from operations$222.4M$171.2M$132.1M
Depreciation and amortization$106.6M$102.5M$91.2M
Stock-based compensation$19.5M$15.9M$14.9M
Capital expenditure$165.8M$135.5M$146.2M
Free cash flow$56.5M$35.7M-$14.0M
Impairments$0

Shares outstanding 42.8M · Free float 77.2%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.

Earnings