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Shake Shack (SHAK) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Shake Shack (SHAK) over the last 12 years, with Q3 2025 value amounting to $348.9 million.

  • Shake Shack's Operating Expenses rose 416.56% to $348.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.3 billion, marking a year-over-year increase of 827.57%. This contributed to the annual value of $1.2 billion for FY2024, which is 1552.85% up from last year.
  • Shake Shack's Operating Expenses amounted to $348.9 million in Q3 2025, which was up 416.56% from $334.1 million recorded in Q2 2025.
  • Over the past 5 years, Shake Shack's Operating Expenses peaked at $348.9 million during Q3 2025, and registered a low of $165.3 million during Q1 2021.
  • For the 5-year period, Shake Shack's Operating Expenses averaged around $264.0 million, with its median value being $267.1 million (2023).
  • Per our database at Business Quant, Shake Shack's Operating Expenses soared by 5894.3% in 2021 and then skyrocketed by 416.56% in 2025.
  • Quarter analysis of 5 years shows Shake Shack's Operating Expenses stood at $209.7 million in 2021, then grew by 16.73% to $244.8 million in 2022, then rose by 17.44% to $287.5 million in 2023, then rose by 10.76% to $318.5 million in 2024, then increased by 9.54% to $348.9 million in 2025.
  • Its Operating Expenses stands at $348.9 million for Q3 2025, versus $334.1 million for Q2 2025 and $318.1 million for Q1 2025.