Shake Shack (SHAK) Operating Leases (2018 - 2026)

Shake Shack (SHAK) has 9 years of Operating Leases data on file, last reported at $608.6 million in Q2 2026.

• Quarterly Operating Leases rose 9.28% year-over-year to $608.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $608.6 million (up 9.28% YoY) and the FY2025 annual result came in at $575.1 million, up 16.31% from the prior year.
• Operating Leases advanced to $608.6 million in Q2 2026 per SHAK's latest filing, from $575.1 million in the prior quarter.
• Across five years, Operating Leases topped out at $608.6 million in Q2 2026 and bottomed at $399.5 million in Q1 2022.
• The 5-year median for Operating Leases is $476.7 million (2024), against an average of $493.2 million.
• The widest annual swing landed in 2022, when Operating Leases decreased 0.16%; it then gained 17.77% in 2024.
• Tracing SHAK's Operating Leases over 5 years: stood at $427.2 million in 2022, then increased by 8.73% to $464.5 million in 2023, then rose by 6.45% to $494.5 million in 2024, then advanced by 16.31% to $575.1 million in 2025, then rose by 5.82% to $608.6 million in 2026.
• Per Business Quant, the three latest SHAK Operating Leases figures stand at $608.6 million (Q2 2026), $575.1 million (Q4 2025), and $584.0 million (Q3 2025).

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