Shake Shack Inc. (SHAK) Financial Statements (2026 and earlier)

Company Profile

Business Address 225 VARICK STREET
NEW YORK, NY 10014
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 581 - Eating And Drinking Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments360,123320,714293,214311,228382,406183,760
Cash and cash equivalent360,123320,714224,653230,521302,406146,873
Short-term investments   68,56180,70780,00036,887
Receivables32,96219,68716,84713,87713,6579,464
Inventory, net of allowances, customer advances and progress billings7,1826,0145,4044,1843,8502,888
Inventory7,1826,0145,4044,1843,8502,888
Prepaid expense11,1628,1965,641   
Other undisclosed current assets18,91813,60513,32614,6999,7637,074
Total current assets:430,347368,216334,432343,988409,676203,186
Noncurrent Assets
Operating lease, right-of-use asset507,253424,611398,296367,488347,277 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization625,851551,600530,995467,031389,386 
Deferred income tax assets322,385341,586326,208300,538298,668287,007
Other noncurrent assets10,37310,95815,92615,81712,563 
Other undisclosed noncurrent assets      655,155
Total noncurrent assets:1,465,8621,328,7551,271,4251,150,8741,047,894942,162
TOTAL ASSETS:1,896,2091,696,9711,605,8571,494,8621,457,5701,145,348
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities128,10186,61477,01585,92871,47759,848
Employee-related liabilities✕✕✕✕17,57614,63810,441
Accounts payable24,74723,60922,27320,40719,94723,487
Accrued liabilities103,35463,00554,74247,94536,89225,920
Deferred revenue1,9281,6661,192969763608
Other liabilities27,78319,53817,10319,55214,50114,200
Other undisclosed current liabilities87,10679,49568,75741,26934,75635,049
Total current liabilities:244,918187,313164,067147,718121,497109,705
Noncurrent Liabilities
Long-term debt and lease obligation9,7458,616  400,113343,736
Finance lease, liability9,7458,616    
Liabilities, other than long-term debt624,502539,392491,171447,91422,77324,460
Deferred revenue19,15417,060    
Other liabilities30,21027,83326,63820,68722,77324,460
Operating lease, liability575,138494,499464,533427,227400,113343,736
Other undisclosed noncurrent liabilities463,295468,024481,249479,482477,587232,954
Total noncurrent liabilities:1,097,5421,016,032972,420927,396900,473601,150
Total liabilities:1,342,4601,203,3451,136,4871,075,1141,021,970710,855
Equity
Equity, attributable to parent, including:525,327470,018443,417395,116409,537407,321
Additional paid in capital452,577442,993426,601415,611405,940395,067
Accumulated other comprehensive income (loss)(1)(1)(3) 13
Retained earnings (accumulated deficit)72,70926,98416,777(20,537)3,55412,209
Other undisclosed equity, attributable to parent424242424242
Equity, attributable to noncontrolling interest28,42223,60825,95324,63226,06327,172
Total equity:553,749493,626469,370419,748435,600434,493
TOTAL LIABILITIES AND EQUITY:1,896,2091,696,9711,605,8571,494,8621,457,5701,145,348

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,445,3061,252,6081,087,533900,486739,893522,867
Gross profit:1,445,3061,252,6081,087,533900,486739,893522,867
Operating expenses(1,382,798)(1,249,570)(1,081,612)(927,380)(755,746)(566,743)
Operating income (loss):62,5083,0385,921(26,894)(15,853)(43,876)
Nonoperating income (expense)12,26013,25112,7764,12795(786)
Other nonoperating income12,26013,25112,776  359
Interest and debt expense(920)(770)(1,717)(1,518)(1,577)(815)
Income (loss) from continuing operations before equity method investments, income taxes:73,84815,51916,980(24,285)(17,335)(45,477)
Other undisclosed loss from continuing operations before income taxes(1,239)(1,275)    
Income (loss) from continuing operations before income taxes:72,60914,24416,980(24,285)(17,335)(45,477)
Income tax expense (benefit)(22,903)(3,424)4,010(1,682)7,224(57)
Income (loss) from continuing operations:49,70610,82020,990(25,967)(10,111)(45,534)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(10,111)(45,534)
Net income (loss):49,70610,82020,990(25,967)(10,111)(45,534)
Net income (loss) attributable to noncontrolling interest(3,981)(613)(726)1,8761,4563,376
Net income (loss) available to common stockholders, diluted:45,72510,20720,264(24,091)(8,655)(42,158)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):49,70610,82020,990(25,967)(10,111)(45,534)
Other comprehensive income (loss) 2(3)(1)(2)1
Comprehensive income (loss):49,70610,82220,987(25,968)(10,113)(45,533)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3,981)(613)(726)1,8761,4563,376
Comprehensive income (loss), net of tax, attributable to parent:45,72510,20920,261(24,092)(8,657)(42,157)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: