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Shake Shack (SHAK) Operating Leases (2018 - 2025)

Shake Shack (SHAK) has disclosed Operating Leases for 8 consecutive years, with $575.1 million as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 16.31% to $575.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $575.1 million through Dec 2025, up 16.31% year-over-year, with the annual reading at $575.1 million for FY2025, 16.31% up from the prior year.
  • Operating Leases for Q4 2025 was $575.1 million at Shake Shack, down from $584.0 million in the prior quarter.
  • The five-year high for Operating Leases was $584.0 million in Q3 2025, with the low at $399.5 million in Q1 2022.
  • Average Operating Leases over 5 years is $468.8 million, with a median of $456.0 million recorded in 2023.
  • The sharpest move saw Operating Leases decreased 0.16% in 2022, then grew 17.27% in 2024.
  • Over 5 years, Operating Leases stood at $400.1 million in 2021, then rose by 6.78% to $427.2 million in 2022, then rose by 8.73% to $464.5 million in 2023, then grew by 6.45% to $494.5 million in 2024, then rose by 16.31% to $575.1 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $575.1 million, $584.0 million, and $569.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.