SHAK
Shake Shack Inc.
NYSE · USConsumer CyclicalRestaurants
$56.97-1.78%
Price as of Jul 20, 2026
SHAK financials
Shake Shack Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $1.4B | $1.3B | $1.1B | $900.5M |
| Cost of revenue | $1.2B | $678.7M | $609.3M | $518.9M |
| Gross profit | $259.8M | $573.9M | $478.2M | $381.5M |
| Operating expenses | $174.0M | $570.9M | $472.3M | $408.4M |
| Operating income | $85.8M | $3.0M | $5.9M | -$26.9M |
| Net income | $45.7M | $10.2M | $20.3M | -$21.2M |
| EBITDA | $181.4M | $120.9M | $111.7M | $51.5M |
| Basic EPS | $1.14 | $0.26 | $0.51 | $-0.66 |
| Diluted EPS | $1.09 | $0.24 | $0.46 | $-0.66 |
| Balance sheet | ||||
| Cash & equivalents | $360.1M | $320.7M | $224.7M | $230.5M |
| Total assets | $1.9B | $1.7B | $1.6B | $1.5B |
| Total liabilities | $1.3B | $1.2B | $1.1B | $1.1B |
| Stockholders’ equity | $525.3M | $470.0M | $443.4M | $412.2M |
| Total debt | $902.1M | $809.6M | $771.3M | $720.5M |
| Net debt | $542.0M | $488.9M | $546.7M | $490.0M |
| Cash flow | ||||
| Operating cash flow | $222.4M | $171.2M | $132.1M | $76.7M |
| Capital expenditure | -$165.8M | -$135.5M | -$146.2M | -$142.6M |
| Free cash flow | $56.5M | $35.7M | -$14.0M | -$65.8M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |