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.

• Operating Expenses for Q2 2026 came in at $369.4 million, up 16.13% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.4 billion (up 12.29% YoY), and the FY2025 annual result was $1.4 billion, up 10.66% from the prior year.
• Operating Expenses eased to $369.4 million in Q2 2026 per SHAK's latest filing, from $381.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $381.8 million in Q4 2025 and troughed at $218.3 million in Q1 2022.
• A 5-year average of $294.7 million and a median of $290.5 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 32.08% in 2022, then gained 4.17% in 2025.
• A 5-year view of Operating Expenses shows it stood at $244.8 million in 2022, then climbed by 17.44% to $287.5 million in 2023, then grew by 10.76% to $318.5 million in 2024, then climbed by 19.88% to $381.8 million in 2025, then declined by 3.25% to $369.4 million in 2026.
• Business Quant data shows SHAK's Operating Expenses at $369.4 million in Q2 2026, $381.8 million in Q4 2025, and $348.9 million in Q3 2025.