Shake Shack Inc.

For the period ended Apr 1, 2026. Filed May 7, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 1, 2026 · Filed May 7, 2026

SHAK$75.90-1.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except share and per share amounts)

April 12026 · December 312025
ASSETS
Current assets:
	Cash and cash equivalents	$313,650		$360,123
	Accounts receivable, net	29,171		32,962
	Inventories	6,610		7,182
	Prepaid expenses and other current assets	44,438		30,080
	Total current assets	393,869		430,347
Property and equipment, net of accumulated depreciation of $577,755 and $551,004, respectively.	649,245		625,851
Operating lease assets	539,238		507,253
Deferred income taxes, net	325,179		322,385
Other assets	10,101		10,373
TOTAL ASSETS	$1,917,632		$1,896,209
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
	Accounts payable	$27,017		$24,747
	Accrued expenses	95,488		103,354
	Accrued wages and related liabilities	21,151		25,481
	Operating lease liabilities, current	65,195		63,553
	Other current liabilities	23,761		27,783
	Total current liabilities	232,612		244,918
Long-term debt	247,993		247,731
Long-term operating lease liabilities	608,605		575,138
Liabilities under tax receivable agreement, net of current portion	244,613		244,463
Other long-term liabilities	29,220		30,210
Total liabilities	1,363,043		1,342,460
Commitments and contingencies (Note 13)
Stockholders' equity:
	Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of April 1, 2026 and December 31, 2025.	—		—
	Class A common stock, $0.001 par value—200,000,000 shares authorized; 40,350,155 and 40,254,281 shares issued and outstanding as of April 1, 2026 and December 31, 2025, respectively.	40		40
	Class B common stock, $0.001 par value—35,000,000 shares authorized; 2,430,789 and 2,434,789 shares issued and outstanding as of April 1, 2026 and December 31, 2025, respectively.	2		2
	Additional paid-in capital	453,457		452,577
	Retained earnings	72,419		72,709
	Accumulated other comprehensive loss	(6)		(1)
	Total stockholders' equity attributable to Shake Shack Inc.	525,912		525,327
Non-controlling interests	28,677		28,422
Total equity	554,589		553,749
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$1,917,632		$1,896,209

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.