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
DateValue
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