Question 1

What is Shake Shack's total operating expenses?

Accepted Answer

Shake Shack (SHAK) reported total operating expenses of $396.87M in Q2 2026.

Question 2

How has Shake Shack's total operating expenses changed year-over-year?

Accepted Answer

Shake Shack's total operating expenses increased by 18.8% year-over-year, from $334.09M to $396.87M.

Question 3

What is the long-term trend for Shake Shack's total operating expenses?

Accepted Answer

Over 4 years (2021 to 2025), Shake Shack's total operating expenses has grown at a 16.3% compound annual growth rate (CAGR), from $755.75M to $1.38B.

Question 4

What does total operating expenses mean?

Accepted Answer

The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

Line item	Thirteen Weeks Ended / July 12026	Thirteen Weeks Ended / June 252025	Twenty-Six Weeks Ended / July 12026	Twenty-Six Weeks Ended / June 252025
Depreciation and amortization expense	30,717	26,545	59,837	53,088
Pre-opening costs	6,638	4,955	13,508	8,173
Impairments, loss on disposal of assets, and Shack closures	425	881	1,292	2,938
TOTAL EXPENSES	396,872	334,092	766,243	652,148
INCOME FROM OPERATIONS	20,746	22,374	18,112	25,216
Other income, net	2,602	2,850	5,345	5,821
Interest expense	(553)	(548)	(1,101)	(1,111)
INCOME BEFORE INCOME TAXES	22,795	24,676	22,356	29,926

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Shake Shack SHAK Total Operating Expenses