Shake Shack (SHAK) Operating Leases (2018 - 2026)
Shake Shack's (SHAK) quarterly Operating Leases came in at $608.6 million in Q2 2026, up 9.28% year-on-year from $556.9 million in Q2 2025, and up 5.82% on a QoQ basis from $575.1 million in Q4 2025.
Shake Shack (SHAK) Operating Leases (2018 - 2026) Analysis & Trends
Shake Shack (SHAK) has 9 years of Operating Leases data on file, last reported at $608.6 million in Q2 2026.
- On a quarterly basis, Operating Leases rose 9.28% year-over-year to $608.6 million in Q2 2026; TTM through Apr 2026 was $608.6 million, a 9.28% increase from a year earlier, with the FY2025 full-year figure at $575.1 million, up 16.31% from the prior year.
- Operating Leases for Q2 2026 stood at $608.6 million, up from $575.1 million in the prior quarter.
- Over the last five years, Operating Leases for SHAK reached as high as $608.6 million in Q2 2026 and fell as low as $399.5 million in Q1 2022.
- Historically, Operating Leases has averaged $495.7 million across 5 years, with a median of $487.6 million in 2024.
- Across the five-year window, Operating Leases decreased 0.16% in 2022 and grew 17.27% in 2024, its largest moves.
- Year by year, Operating Leases stood at $427.2 million in 2022, then grew by 8.73% to $464.5 million in 2023, then increased by 6.45% to $494.5 million in 2024, then gained by 16.31% to $575.1 million in 2025, then increased by 5.82% to $608.6 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $608.6 million in Q2 2026, $575.1 million in Q4 2025, and $584.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | Shake Shack | 2.26 Bn | 1.97 Bn | 309.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 1, 2026 | 608.61 Mn |
| Dec 31, 2025 | 575.14 Mn |
| Sep 24, 2025 | 584.00 Mn |
| Jun 25, 2025 | 569.52 Mn |
| Mar 26, 2025 | 556.92 Mn |
| Dec 25, 2024 | 494.50 Mn |
| Sep 25, 2024 | 543.39 Mn |
| Jun 26, 2024 | 487.60 Mn |
| Mar 27, 2024 | 515.19 Mn |
| Dec 27, 2023 | 464.53 Mn |
| Sep 27, 2023 | 463.37 Mn |
| Jun 28, 2023 | 448.58 Mn |
| Mar 29, 2023 | 441.55 Mn |
| Dec 28, 2022 | 427.23 Mn |
| Sep 28, 2022 | 429.17 Mn |
| Jun 29, 2022 | 418.01 Mn |
| Mar 30, 2022 | 399.49 Mn |
| Dec 29, 2021 | 400.11 Mn |
| Sep 29, 2021 | 400.11 Mn |
| Jun 30, 2021 | 400.11 Mn |