Shake Shack Quarterly Cash Flow Statement
NYSE: SHAKConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shake Shack free cash flow
In the quarter ended Jul 1, 2026, Shake Shack generated $57.0 million of operating cash flow and spent $57.7 million on capital expenditures. That left free cash flow of -$736,000, a free-cash-flow margin of -0.2% of revenue. Free cash flow was down 102.7% from the prior year's $26.9 million.
Summary generated from market data by MetaCap's automated system. Methodology
Shake Shack cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-07-01 | Q1 20262026-04-01 | Q4 20252025-12-31 | Q3 20252025-09-24 | Q2 20252025-06-25 | Q1 20252025-03-26 | Q4 20242024-12-25 | Q3 20242024-09-25 | Q2 20242024-06-26 | Q1 20242024-03-27 | Q4 20232023-12-27 | Q3 20232023-09-27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 16.88M | -294.00K | 13.00M | 13.71M | 18.48M | 4.51M | 9.33M | -11.11M | 10.38M | 2.21M | 7.25M | 8.14M |
| Net Income growth (YoY) | -8.66% | -106.51% | +39.28% | — | +78.03% | +103.84% | +28.68% | -236.54% | +43.74% | — | — | — |
| Depreciation & Amortization | 30.72M | 29.12M | 26.43M | 27.08M | 26.55M | 26.54M | 25.81M | 25.72M | 25.50M | 25.44M | 24.54M | 23.13M |
| Stock-Based Compensation | 3.92M | 5.16M | 5.33M | 4.42M | 5.21M | 4.54M | 4.38M | 4.16M | 3.74M | 3.64M | 3.67M | 3.49M |
| Change in Working Capital | -7.77M | -17.93M | -1.04M | 9.58M | 6.05M | 2.08M | 1.44M | -362.00K | 5.76M | -1.45M | 19.01M | -9.30M |
| Operating Cash Flow | 56.97M | 8.49M | 63.14M | 63.00M | 65.00M | 31.22M | 45.08M | 41.86M | 53.55M | 30.66M | 41.55M | 28.40M |
| Capital Expenditures | -57.71M | -47.19M | -59.15M | -39.26M | -38.09M | -29.35M | -34.70M | -34.81M | -32.94M | -33.05M | -33.13M | -38.28M |
| Investing Cash Flow | -57.71M | -47.19M | -59.15M | -39.26M | -38.09M | -29.35M | -34.70M | -31.81M | -10.88M | 11.31M | -6.06M | -40.85M |
| Financing Cash Flow | -4.95M | -7.76M | -1.62M | -2.79M | -3.03M | -9.66M | -537.00K | -1.03M | -1.03M | -6.42M | -859.00K | -1.23M |
| Net Change in Cash | -5.69M | -46.47M | 2.37M | 20.95M | 23.88M | -7.79M | 9.85M | 9.03M | 41.63M | 35.55M | 34.63M | -13.68M |
| Free Cash Flow | -736.00K | -38.70M | 3.98M | 23.74M | 26.91M | 1.87M | 10.38M | 7.05M | 20.61M | -2.39M | 8.41M | -9.88M |
This table shows 12 quarterly periods of Shake Shack's cash flow statement, from Q2 2026 back to Q3 2023, across 10 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SHAK's reporting calendar. What is a cash flow statement?