Shake Shack (SHAK) Shares Outstanding (Diluted Average) (2014 - 2026)

Shake Shack (SHAK) has 13 years of Shares Outstanding (Diluted Average) data on file, last reported at $40.3 million in Q2 2026.

• Shares Outstanding (Diluted Average) for Q2 2026 came in at $40.3 million, down 3.76% year-over-year; the trailing twelve-month figure through Apr 2026 was $40.3 million (down 3.76% YoY), and the FY2025 annual result was $41.8 million, down 5.33% from the prior year.
• Shares Outstanding (Diluted Average) slipped to $40.3 million in Q2 2026 per SHAK's latest filing, from $41.8 million in the prior quarter.
• Over five years, Shares Outstanding (Diluted Average) peaked at $44.2 million in Q4 2024 and troughed at $39.2 million in Q1 2022.
• A 5-year average of $41.6 million and a median of $41.8 million in 2025 frame the typical range for Shares Outstanding (Diluted Average).
• The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Diluted Average) decreased 9.38% in 2022, then climbed 11.88% in 2023.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $39.2 million in 2022, then rose by 11.88% to $43.9 million in 2023, then grew by 0.69% to $44.2 million in 2024, then retreated by 5.33% to $41.8 million in 2025, then slipped by 3.72% to $40.3 million in 2026.
• Business Quant data shows SHAK's Shares Outstanding (Diluted Average) at $40.3 million in Q2 2026, $41.8 million in Q4 2025, and $41.9 million in Q3 2025.