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Shake Shack (SHAK) Shares Outstanding (Diluted Average) (2016 - 2025)

Shake Shack (SHAK) has disclosed Shares Outstanding (Diluted Average) for 12 consecutive years, with $41.8 million as the latest value for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) fell 5.33% to $41.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $41.8 million, a 5.33% decrease, with the full-year FY2025 number at $41.8 million, down 5.33% from a year prior.
  • Shares Outstanding (Diluted Average) was $41.8 million for Q4 2025 at Shake Shack, roughly flat from $41.9 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $44.2 million in Q4 2024 to a low of $39.1 million in Q4 2021.
  • A 5-year average of $41.3 million and a median of $41.6 million in 2024 define the central range for Shares Outstanding (Diluted Average).
  • Peak YoY movement for Shares Outstanding (Diluted Average): rose 24.23% in 2021, then decreased 9.38% in 2022.
  • Shake Shack's Shares Outstanding (Diluted Average) stood at $39.1 million in 2021, then grew by 0.39% to $39.2 million in 2022, then grew by 11.88% to $43.9 million in 2023, then increased by 0.69% to $44.2 million in 2024, then decreased by 5.33% to $41.8 million in 2025.
  • Per Business Quant, the three most recent readings for SHAK's Shares Outstanding (Diluted Average) are $41.8 million (Q4 2025), $41.9 million (Q3 2025), and $41.8 million (Q2 2025).