What is Shake Shack's gift card liability?

Shake Shack (SHAK) reported gift card liability of $763K in Q1 2026.

How has Shake Shack's gift card liability changed year-over-year?

Shake Shack's gift card liability increased by 66.2% year-over-year, from $459K to $763K.

Over 2 years (2022 to 2024), Shake Shack's gift card liability has grown at a -34.0% compound annual growth rate (CAGR), from $1.78M to $776K.

Revenue$366.7M+14.3%

Operating income-$2.6M-193%

Net income-$290.0K-107%

EPS (diluted)-$0.01-110%

Cash & equivalents$313.7M+0.2%

Total debt$925.2M+12.2%

Total equity$525.9M+11.1%

Total assets$1.9B+11.0%

Operating cash flow$8.5M-72.8%

CapEx$47.2M+60.8%

Free cash flow-$38.7M-2,170%

Market cap$2.21B+0.8%

Operating margin3.8%+3.4pp

Net margin3%+2.1pp

FCF margin1.1%-2.0pp

Return on equity9%+6.3pp

Debt / equity1.8×0.0×

Current ratio1.7×-0.2×

Reported directly by Shake Shack in its filing.

Tagged under the XBRL concept shak:IncreaseDecreaseinContractwithCustomerGiftCardLiability.

The official record: Shake Shack’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

What is Shake Shack's gift card liability?: Shake Shack (SHAK) reported gift card liability of $763K in Q1 2026.
How has Shake Shack's gift card liability changed year-over-year?: Shake Shack's gift card liability increased by 66.2% year-over-year, from $459K to $763K.
What is the long-term trend for Shake Shack's gift card liability?: Over 2 years (2022 to 2024), Shake Shack's gift card liability has grown at a -34.0% compound annual growth rate (CAGR), from $1.78M to $776K.