Shake Shack Inc. (SHAK) Financial Statements (2025 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)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments310,865304,412284,773293,214284,977295,234
Cash and cash equivalent310,865301,838260,203224,653190,020203,697
Short-term investments  2,57424,57068,56194,95791,537
Receivables16,74315,91414,45816,84713,88914,332
Inventory, net of allowances, customer advances and progress billings5,1465,1945,0735,4044,6084,674
Inventory5,1465,1945,0735,4044,6084,674
Prepaid expense9401,3631,3255,641945 
Other undisclosed current assets20,32218,79720,56013,32618,81715,278
Total current assets:354,016345,680326,189334,432323,236329,518
Noncurrent Assets
Operating lease, right-of-use asset419,586419,527410,254398,296397,870385,386
Property, plant and equipment544,902545,225537,621530,995525,557500,085
Deferred income tax assets344,479338,538329,956326,208302,156302,025
Other noncurrent assets12,43612,78814,81215,92616,03715,802
Total noncurrent assets:1,321,4031,316,0781,292,6431,271,4251,241,6201,203,298
TOTAL ASSETS:1,675,4191,661,7581,618,8321,605,8571,564,8561,532,816
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities81,58774,95272,52977,01568,88167,593
Accounts payable15,76518,57615,16322,27321,25117,005
Accrued liabilities65,82256,37657,36654,74247,63050,588
Deferred revenue1,3301,3281,2611,1921,1801,252
Other liabilities17,05817,41218,52517,10317,52217,881
Other undisclosed current liabilities75,85874,39668,76868,75764,59463,459
Total current liabilities:175,833168,088161,083164,067152,177150,185
Noncurrent Liabilities
Long-term debt and lease obligation8,6768,9698,519   
Finance lease, liability8,6768,9698,519   
Liabilities, other than long-term debt542,890531,044519,749491,171489,692470,798
Deferred revenue16,60516,77716,919   
Other liabilities27,05726,66726,12626,63826,32222,218
Operating lease, liability499,228487,600476,704464,533463,370448,580
Other undisclosed noncurrent liabilities468,965467,292457,188481,249480,989480,474
Total noncurrent liabilities:1,020,5311,007,305985,456972,420970,681951,272
Total liabilities:1,196,3641,175,3931,146,5391,136,4871,122,8581,101,457
Equity
Equity, attributable to parent, including:456,102462,400446,386443,417416,354406,271
Additional paid in capital437,788433,877427,530426,601423,811421,356
Accumulated other comprehensive loss(2)(4)(4)(3)(3)(4)
Retained earnings (accumulated deficit)18,27428,48518,81716,777(7,496)(15,123)
Other undisclosed equity, attributable to parent424243424242
Equity, attributable to noncontrolling interest22,95323,96525,90725,95325,64425,088
Total equity:479,055486,365472,293469,370441,998431,359
TOTAL LIABILITIES AND EQUITY:1,675,4191,661,7581,618,8321,605,8571,564,8561,532,816

Income Statement (P&L) ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Revenues316,924316,496290,504286,243276,207271,805
Gross profit:316,924316,496290,504286,243276,207271,805
Operating expenses(334,912)(305,714)(290,470)(287,538)(270,550)(267,057)
Operating income (loss):(17,988)10,78234(1,295)5,6574,748
Nonoperating income
(Other Nonoperating income)
3,5043,3003,2063,2713,4413,227
Interest and debt expense(498)(527)(508)(476)(433)(405)
Income (loss) from continuing operations before equity method investments, income taxes:(14,982)13,5552,7321,5008,6657,570
Other undisclosed loss from continuing operations before income taxes      
Income (loss) from continuing operations before income taxes:(14,982)13,5552,7321,5008,6657,570
Income tax expense (benefit)3,873(3,173)(518)5,753(529)(347)
Net income (loss):(11,109)10,3822,2147,2538,1367,223
Net income (loss) attributable to noncontrolling interest898(714)(174)(30)(509)(275)
Net income (loss) available to common stockholders, diluted:(10,211)9,6682,0407,2237,6276,948

Comprehensive Income ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Net income (loss):(11,109)10,3822,2147,2538,1367,223
Other comprehensive income (loss)2 (1) 1 
Comprehensive income (loss):(11,107)10,3822,2137,2538,1377,223
Comprehensive income (loss), net of tax, attributable to noncontrolling interest898(714)(174)(30)(509)(275)
Comprehensive income (loss), net of tax, attributable to parent:(10,209)9,6682,0397,2237,6286,948

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: