Shake Shack Inc.

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 2026

SHAK$77.15+7.3%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except share and per share amounts)

September 302026 · December 312025
ASSETS
Current assets:
	Cash and cash equivalents	$319,004		$360,123
	Accounts receivable, net	30,563		32,962
	Inventories	7,562		7,182
	Prepaid expenses and other current assets	40,242		30,080
	Total current assets	397,371		430,347
Property and equipment, net of accumulated depreciation of $630,566 and $551,004, respectively.	695,791		625,851
Operating lease assets	568,563		507,253
Deferred income taxes, net	315,438		322,385
Other assets	8,132		10,373
TOTAL ASSETS	$1,985,295		$1,896,209
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
	Accounts payable	$25,085		$24,747
	Accrued expenses	82,599		103,354
	Accrued wages and related liabilities	24,375		25,481
	Operating lease liabilities, current	69,850		63,553
	Other current liabilities	29,043		27,783
	Total current liabilities	230,952		244,918
Long-term debt	248,517		247,731
Long-term operating lease liabilities	639,888		575,138
Liabilities under tax receivable agreement, net of current portion	244,030		244,463
Other long-term liabilities	27,095		30,210
Total liabilities	1,390,482		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 September 30, 2026 and December 31, 2025.	—		—
	Class A common stock, $0.001 par value—200,000,000 shares authorized; 40,415,423 and 40,254,281 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively.	40		40
	Class B common stock, $0.001 par value—35,000,000 shares authorized; 2,385,789 and 2,434,789 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively.	2		2
	Additional paid-in capital	459,366		452,577
	Retained earnings	104,585		72,709
	Accumulated other comprehensive loss	(6)		(1)
	Total stockholders' equity attributable to Shake Shack Inc.	563,987		525,327
Non-controlling interests	30,826		28,422
Total equity	594,813		553,749
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$1,985,295		$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.