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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.
  • As of Q3 2025, Shake Shack's Rent Expense stood at $27.0 million, which was up 1434.68% from $25.6 million recorded in Q2 2025.
  • Shake Shack's Rent Expense's 5-year high stood at $27.0 million during Q3 2025, with a 5-year trough of $13.9 million in Q1 2021.
  • For the 5-year period, Shake Shack's Rent Expense averaged around $19.9 million, with its median value being $19.8 million (2023).
  • Its Rent Expense has fluctuated over the past 5 years, first soared by 2071.74% in 2021, then soared by 1019.12% in 2025.
  • Quarter analysis of 5 years shows Shake Shack's Rent Expense stood at $15.8 million in 2021, then increased by 15.42% to $18.2 million in 2022, then grew by 16.03% to $21.2 million in 2023, then rose by 13.63% to $24.0 million in 2024, then grew by 12.26% to $27.0 million in 2025.
  • Its last three reported values are $27.0 million in Q3 2025, $25.6 million for Q2 2025, and $24.6 million during Q1 2025.