Shake Shack (SHAK) Operating Expenses (2014 - 2026)

Shake Shack (SHAK) has 13 years of Operating Expenses data on file, last reported at $369.4 million in Q2 2026.

• On a quarterly basis, Operating Expenses rose 16.13% year-over-year to $369.4 million in Q2 2026; TTM through Apr 2026 was $1.4 billion, a 12.29% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 10.66% from the prior year.
• Operating Expenses for Q2 2026 stood at $369.4 million, down from $381.8 million in the prior quarter.
• Over the last five years, Operating Expenses for SHAK reached as high as $381.8 million in Q4 2025 and fell as low as $218.3 million in Q1 2022.
• Historically, Operating Expenses has averaged $294.7 million across 5 years, with a median of $290.5 million in 2024.
• Across the five-year window, Operating Expenses surged 32.08% in 2022 and increased 4.17% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $244.8 million in 2022, then rose by 17.44% to $287.5 million in 2023, then gained by 10.76% to $318.5 million in 2024, then rose by 19.88% to $381.8 million in 2025, then decreased by 3.25% to $369.4 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $369.4 million in Q2 2026, $381.8 million in Q4 2025, and $348.9 million in Q3 2025.