Where does Shake Shack's cash flow data come from?

Every line is extracted from Shake Shack's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Shake Shack SHAK Cash Flow Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Net income	$44.9M+242%	$49.71M+359%	$46.04M+427%	$21.22M-24.2%	$13.12M-47.2%
Depreciation and amortization	$109.18M+5.4%	$106.6M+4.0%	$105.98M+4.7%	$104.62M+6.1%	$103.57M+8.6%
Stock-based compensation	$20.12M+19.7%	$19.5M+22.5%	$18.55M+22.0%	$18.28M+25.8%	$16.81M+14.2%
Deferred income taxes	$15.67M—	$16.62M—	——	——	——
Amortization of debt issuance costs	$1.05M+0.1%	$1.05M+0.1%	$1.05M0.0%	$1.05M0.0%	$1.05M0.0%
Change in accounts receivable	$7.68M—	$10.14M—	$4.46M—	——	——
Change in inventories	$1.3M+443%	$1.17M+91.5%	$1.17M+117%	$834K+42.3%	$239K-67.9%
Change in accounts payable	——	——	——	——	$4.89M+79.4%
Change in accrued liabilities	$11.82M—	$29.9M—	——	——	——
Change in other assets	$5.71M+23.6%	$5.96M+106%	$5.04M+24.6%	$5.66M+31.2%	$4.62M-19.5%
Change in other liabilities	——	——	$4.79M—	$5.32M—	$3.85M—
Debt issuance costs and discount amortization	——	——	——	——	——
Net cash from operating activities	$199.62M+16.3%	$222.36M+29.9%	$204.3M+21.9%	$183.17M+18.8%	$171.71M+20.1%
Capital expenditures	$183.69M+39.4%	$165.85M+22.4%	$141.4M+5.6%	$136.95M-0.3%	$131.8M-9.0%
Net cash from investing activities	-$183.69M-72.1%	-$165.85M-151%	-$141.4M-278%	-$133.95M-188%	-$106.74M+36.3%
Proceeds from issuance of common stock	——	——	——	——	$1.28M+15.5%
Distributions to noncontrolling interests	$1.83M+412%	$1.84M+282%	$2.03M+750%	$1.19M+368%	$358K+38.8%
Taxes paid for net share settlement	$6.62M-24.8%	$9.82M+58.4%	$9.84M+58.7%	$9.56M+52.5%	$8.81M+41.9%
Net cash from financing activities	-$15.2M-24.0%	-$17.1M-89.6%	-$16.02M-71.5%	-$14.25M-49.4%	-$12.26M-40.3%
Effect of exchange rate changes on cash	-$4K-300%	$0-100%	$1K—	$0—	$2K—
Net increase (decrease) in cash	$729K-98.6%	$39.41M-59.0%	$46.89M—	$34.97M—	$52.72M—
Amortization Of Debt Discount Premium	——	——	——	——	——
Amortization expense related to capitalized debt issuance costs	$1.05M+0.1%	$1.05M+0.1%	$1.05M0.0%	$1.05M0.0%	$1.05M0.0%
Non-cash operating lease cost	$92.86M+16.6%	$88.85M+14.7%	$84.44M+11.9%	$82.03M+12.6%	$79.62M+13.4%
Amortization of capitalized software	$2.09M-5.9%	$2.19M+2.3%	$2.24M+8.9%	$2.26M+14.8%	$2.23M+18.6%
Gain (Loss) On Sale Of Assets, Asset Impairments Non-Cash Components	——	——	——	——	——
Accrued compensation and employee benefits	——	——	——	——	——
Current liabilities	-$1.49M—	$3.44M—	——	——	——
Other long-term liabilities	——	——	$4.79M—	$5.32M—	$3.85M—
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	——	——	——
Operating lease liabilities	-$81.09M+2.4%	-$82.68M-7.1%	-$93.72M-42.8%	-$88.97M-36.5%	-$83.08M-41.8%
Payments For Tax Receivable Agreement	——	$37K—	$27.75K—	$18.5K—	$9.25K—
Payments On principal On Finance Lease Liabilities	$5.81M+33.8%	$5.51M+39.0%	$5.06M+32.7%	$4.68M+26.9%	$4.34M+28.7%
Payments to Noncontrolling Interests	$1.83M+412%	$1.84M+282%	$2.03M+750%	$1.19M+368%	$358K+38.8%
Amounts paid under the Tax Receivable Agreement, including interest	——	——	——	——	——
Free cash flow	$15.93M-60.1%	$56.51M+58.5%	$62.91M—	$46.22M—	$39.92M—
Free cash flow	$15.93M-60.1%	$56.51M+58.5%	$62.91M—	$46.22M—	$39.92M—

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Questions, answered.

Where does Shake Shack's cash flow data come from?: Every line is extracted from Shake Shack's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.