Shake Shack (SHAK) Operating Leases (2019 - 2026)

Shake Shack (SHAK) has reported Operating Leases for 8 consecutive years, with $669.8 million the latest figure, recorded in Q3 2026.

• On a quarterly basis, Operating Leases rose 17.61% year-over-year to $669.8 million in Q3 2026; TTM through Jul 2026 was $669.8 million, a 17.61% increase from a year earlier, with the FY2025 full-year figure at $575.1 million, up 16.31% from the prior year.
• Operating Leases was $669.8 million for Q3 2026 at Shake Shack, up from $655.2 million in the prior quarter.
• Over five years, Operating Leases peaked at $669.8 million in Q3 2026 and troughed at $399.5 million in Q1 2022.
• A 5-year average of $510.2 million and a median of $504.8 million in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases slipped 0.16% in 2022 and advanced 17.77% in 2024, its largest moves.
• Over 5 years, Operating Leases stood at $427.2 million in 2022, then rose by 8.73% to $464.5 million in 2023, then gained by 6.45% to $494.5 million in 2024, then climbed by 16.31% to $575.1 million in 2025, then grew by 16.46% to $669.8 million in 2026.
• The last three Operating Leases figures came in at $669.8 million (Q3 2026), $655.2 million (Q2 2026), and $575.1 million (Q4 2025), per Business Quant data.