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Shake Shack (SHAK) Rent Expense (2016 - 2025)

Historic Rent Expense for Shake Shack (SHAK) over the last 12 years, with Q3 2025 value amounting to $27.0 million.

  • Shake Shack's Rent Expense rose 1434.68% to $27.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $101.3 million, marking a year-over-year increase of 1228.82%. This contributed to the annual value of $93.1 million for FY2024, which is 1656.06% up from last year.
  • Per Shake Shack's latest filing, its Rent Expense stood at $27.0 million for Q3 2025, which was up 1434.68% from $25.6 million recorded in Q2 2025.
  • Over the past 5 years, Shake Shack's Rent Expense peaked at $27.0 million during Q3 2025, and registered a low of $13.9 million during Q1 2021.
  • Over the past 5 years, Shake Shack's median Rent Expense value was $19.8 million (recorded in 2023), while the average stood at $19.9 million.
  • Its Rent Expense has fluctuated over the past 5 years, first surged by 2071.74% in 2021, then surged by 1019.12% in 2025.
  • Over the past 5 years, Shake Shack's Rent Expense (Quarter) stood at $15.8 million in 2021, then grew by 15.42% to $18.2 million in 2022, then rose by 16.03% to $21.2 million in 2023, then increased by 13.63% to $24.0 million in 2024, then rose by 12.26% to $27.0 million in 2025.
  • Its Rent Expense stands at $27.0 million for Q3 2025, versus $25.6 million for Q2 2025 and $24.6 million for Q1 2025.