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.

• Quarterly Operating Expenses rose 16.13% year-over-year to $369.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.4 billion (up 12.29% YoY) and the FY2025 annual result came in at $1.4 billion, up 10.66% from the prior year.
• Operating Expenses declined to $369.4 million in Q2 2026 per SHAK's latest filing, from $381.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $381.8 million in Q4 2025 and bottomed at $218.3 million in Q1 2022.
• The 5-year median for Operating Expenses is $290.5 million (2024), against an average of $294.7 million.
• The widest annual swing landed in 2022, when Operating Expenses surged 32.08%; it then increased 4.17% in 2025.
• Tracing SHAK's Operating Expenses over 5 years: stood at $244.8 million in 2022, then gained by 17.44% to $287.5 million in 2023, then advanced by 10.76% to $318.5 million in 2024, then gained by 19.88% to $381.8 million in 2025, then slipped by 3.25% to $369.4 million in 2026.
• Per Business Quant, the three latest SHAK Operating Expenses figures stand at $369.4 million (Q2 2026), $381.8 million (Q4 2025), and $348.9 million (Q3 2025).

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