Growth Metrics

Shake Shack (SHAK) Free Cash Flow (2014 - 2026)

Shake Shack (SHAK) reported Free Cash Flow of -$38.7 million for Q2 2026, down 2169.68% year-over-year from $1.9 million in Q2 2025, and down 1071.46% on a QoQ basis from $4.0 million in Q4 2025.

Shake Shack (SHAK) has 13 years of Free Cash Flow data on file, last reported at -$38.7 million in Q2 2026.

  • Quarterly Free Cash Flow fell 2169.68% year-over-year to -$38.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $15.9 million (down 60.08% YoY) and the FY2025 annual result came in at $56.5 million, up 58.48% from the prior year.
  • Free Cash Flow declined to -$38.7 million in Q2 2026 per SHAK's latest filing, from $4.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $26.9 million in Q2 2025 and bottomed at -$38.7 million in Q2 2026.
  • The 5-year median for Free Cash Flow is $1.9 million (2025), against an average of -$1.6 million.
  • The widest annual swing landed in 2023, when Free Cash Flow surged 2042.0%; it then plunged 2169.68% in 2026.
  • Tracing SHAK's Free Cash Flow over 5 years: stood at -$25.4 million in 2022, then jumped by 133.18% to $8.4 million in 2023, then climbed by 23.43% to $10.4 million in 2024, then tumbled by 61.64% to $4.0 million in 2025, then slumped by 1071.46% to -$38.7 million in 2026.
  • Per Business Quant, the three latest SHAK Free Cash Flow figures stand at -$38.7 million (Q2 2026), $4.0 million (Q4 2025), and $23.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 91.80 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 341.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 471.02 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 169.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 451.90 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 406.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 178.92 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 146.91 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 2.87 Mn
10 Shake Shack 2.51 Bn 2.22 Bn 309.23 Mn -38.70 Mn

Historic Data

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DateValue
Apr 1, 2026 -38.70 Mn
Apr 1, 2026 -38.70 Mn
Dec 31, 2025 3.98 Mn
Dec 31, 2025 3.98 Mn
Sep 24, 2025 23.74 Mn
Sep 24, 2025 23.74 Mn
Jun 25, 2025 26.91 Mn
Jun 25, 2025 26.91 Mn
Mar 26, 2025 1.87 Mn
Mar 26, 2025 1.87 Mn
Dec 25, 2024 10.39 Mn
Dec 25, 2024 10.39 Mn
Sep 25, 2024 7.05 Mn
Sep 25, 2024 7.05 Mn
Jun 26, 2024 20.61 Mn
Jun 26, 2024 20.61 Mn
Mar 27, 2024 -2.39 Mn
Mar 27, 2024 -2.39 Mn
Dec 27, 2023 8.41 Mn
Dec 27, 2023 8.41 Mn
Sep 27, 2023 -9.88 Mn
Sep 27, 2023 -9.88 Mn
Jun 28, 2023 1.94 Mn
Jun 28, 2023 1.94 Mn
Mar 29, 2023 -14.51 Mn
Mar 29, 2023 -14.51 Mn
Dec 28, 2022 -25.36 Mn
Dec 28, 2022 -25.36 Mn
Sep 28, 2022 -20.36 Mn
Sep 28, 2022 -20.36 Mn
Jun 29, 2022 -100,000.00
Jun 29, 2022 -100,000.00
Mar 30, 2022 -20.00 Mn
Mar 30, 2022 -20.00 Mn
Dec 29, 2021 -17.98 Mn
Dec 29, 2021 -17.98 Mn
Sep 29, 2021 -17.41 Mn
Sep 29, 2021 -17.41 Mn
Jun 30, 2021 5.50 Mn
Jun 30, 2021 5.50 Mn
Mar 31, 2021 -13.20 Mn
Mar 31, 2021 -13.20 Mn
Dec 30, 2020 -13.18 Mn
Dec 30, 2020 -13.18 Mn
Sep 23, 2020 1.14 Mn
Sep 23, 2020 1.14 Mn
Jun 24, 2020 -7.97 Mn
Jun 24, 2020 -7.97 Mn
Mar 25, 2020 -11.68 Mn
Mar 25, 2020 -11.68 Mn
Dec 25, 2019 -8.79 Mn
Dec 25, 2019 -8.79 Mn
Sep 25, 2019 12.25 Mn
Sep 25, 2019 12.25 Mn
Jun 26, 2019 -12.32 Mn
Jun 26, 2019 -12.32 Mn
Mar 27, 2019 -7.79 Mn
Mar 27, 2019 -7.79 Mn
Dec 26, 2018 -4.77 Mn
Dec 26, 2018 -4.77 Mn
Sep 26, 2018 -1.87 Mn
Sep 26, 2018 -1.87 Mn
Jun 27, 2018 3.10 Mn
Jun 27, 2018 3.10 Mn
Mar 28, 2018 1.42 Mn
Mar 28, 2018 1.42 Mn
Dec 27, 2017 -3.45 Mn
Dec 27, 2017 -3.45 Mn
Sep 27, 2017 4.05 Mn
Sep 27, 2017 4.05 Mn
Jun 28, 2017 12.20 Mn
Jun 28, 2017 12.20 Mn
Mar 29, 2017 -3.45 Mn
Mar 29, 2017 -3.45 Mn
Dec 28, 2016 -1.40 Mn
Dec 28, 2016 -1.40 Mn
Sep 28, 2016 3.37 Mn
Sep 28, 2016 3.37 Mn
Jun 29, 2016 3.54 Mn
Jun 29, 2016 3.54 Mn
Mar 30, 2016 -5.65 Mn
Mar 30, 2016 -5.65 Mn
Dec 30, 2015 3.53 Mn
Dec 30, 2015 3.53 Mn
Sep 30, 2015 4.91 Mn
Sep 30, 2015 4.91 Mn
Jul 1, 2015 4.09 Mn
Jul 1, 2015 4.09 Mn
Apr 1, 2015 -3.38 Mn
Apr 1, 2015 -3.38 Mn
Dec 31, 2014 -8.48 Mn
Dec 31, 2014 -8.48 Mn
Sep 24, 2014 -3.34 Mn
Sep 24, 2014 -3.34 Mn
Jun 25, 2014 -2.77 Mn
Jun 25, 2014 -2.77 Mn
Mar 26, 2014 -349,000.00
Mar 26, 2014 -349,000.00