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

Shake Shack (SHAK) has reported Operating Expenses for 13 consecutive years, with $396.9 million the latest figure, recorded in Q3 2026.

• On a quarterly basis, Operating Expenses rose 18.79% year-over-year to $396.9 million in Q3 2026; TTM through Jul 2026 was $1.5 billion, a 14.66% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 10.66% from the prior year.
• Operating Expenses was $396.9 million for Q3 2026 at Shake Shack, up from $369.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $396.9 million in Q3 2026 and troughed at $218.3 million in Q1 2022.
• A 5-year average of $300.4 million and a median of $298.1 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 32.08% in 2022 and rose 4.17% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $244.8 million in 2022, then advanced by 17.44% to $287.5 million in 2023, then climbed by 10.76% to $318.5 million in 2024, then advanced by 19.88% to $381.8 million in 2025, then increased by 3.95% to $396.9 million in 2026.
• The last three Operating Expenses figures came in at $396.9 million (Q3 2026), $369.4 million (Q2 2026), and $381.8 million (Q4 2025), per Business Quant data.