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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 25, 2024
Dec. 27, 2023
TOTAL REVENUE $ 1,445,306 $ 1,252,608 $ 1,087,533
Shack-level operating expenses:      
Food and paper costs 396,714 339,940 305,041
Labor and related expenses 360,693 338,750 304,254
Other operating expenses 212,677 178,381 149,449
Occupancy and related expenses 106,632 93,069 79,846
General and administrative expenses 176,233 149,047 129,542
Depreciation and amortization expense 106,600 102,468 91,242
Pre-opening costs 18,001 15,547 19,231
Impairments, loss on disposal of assets, and Shack closures 5,248 32,368 3,007
TOTAL EXPENSES 1,382,798 1,249,570 1,081,612
INCOME FROM OPERATIONS 62,508 3,038 5,921
Other income, net 12,260 13,251 12,776
Interest expense (2,159) (2,045) (1,717)
INCOME BEFORE INCOME TAXES 72,609 14,244 16,980
Income tax expense (benefit) 22,903 3,424 (4,010)
NET INCOME 49,706 10,820 20,990
Less: Net income attributable to non-controlling interests 3,981 613 726
Net income attributable to Shake Shack Inc.—basic $ 45,725 $ 10,207 $ 20,264
Earnings per share of Class A common stock:      
Basic (in dollars per share) $ 1.14 $ 0.26 $ 0.51
Diluted (in dollars per share) $ 1.09 $ 0.24 $ 0.48
Weighted average shares of Class A common stock outstanding:      
Basic (in shares) 40,212 39,830 39,419
Diluted (in shares) 41,847 44,203 43,899
Shack sales      
TOTAL REVENUE $ 1,391,166 $ 1,207,561 $ 1,046,819
Licensing revenue      
TOTAL REVENUE $ 54,140 $ 45,047 $ 40,714