Shake Shack annual capital expenditures (capex)
2017
2018
2019
2020
2021
2022
2023
2024
2025
Shake Shack Capital Expenditures (CapEx) Growth & History (SHAK)
Shake Shack's capital expenditures (capex) was $165.8M for fiscal 2025.
View full Shake Shack company overviewShake Shack annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $165.8M | $30.4M | +22.40% |
| 2024 | 2024-12-25 | $135.5M | −$10.7M | −7.30% |
| 2023 | 2023-12-27 | $146.2M | $3.6M | +2.53% |
| 2022 | 2022-12-28 | $142.6M | $41.1M | +40.46% |
| 2021 | 2021-12-29 | $101.5M | $32.5M | +47.01% |
| 2020 | 2020-12-30 | $69.0M | −$37.5M | −35.18% |
| 2019 | 2019-12-25 | $106.5M | $19.0M | +21.69% |
| 2018 | 2018-12-26 | $87.5M | $26.0M | +42.24% |
| 2017 | 2017-12-27 | $61.5M | — | — |
Shake Shack quarterly capital expenditures (capex)
Q1.15
Q2.15
Q3.15
Q1.16
Q2.16
Q3.16
Q1.17
Q2.17
Q3.17
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-01 | $57.7M | $19.6M | +51.52% |
| Q1 2026 | 2026-04-01 | $47.2M | $17.8M | +60.78% |
| Q4 2025 | 2025-12-31 | $59.2M | $24.5M | +70.48% |
| Q3 2025 | 2025-09-24 | $39.3M | $4.5M | +12.78% |
| Q2 2025 | 2025-06-25 | $38.1M | $5.1M | +15.63% |
| Q1 2025 | 2025-03-26 | $29.4M | −$3.7M | −11.20% |
| Q4 2024 | 2024-12-25 | $34.7M | $1.6M | +4.72% |
| Q3 2024 | 2024-09-25 | $34.8M | −$3.5M | −9.06% |
| Q2 2024 | 2024-06-26 | $32.9M | −$7.5M | −18.53% |
| Q1 2024 | 2024-03-27 | $33.1M | −$1.3M | −3.71% |
| Q4 2023 | 2023-12-27 | $33.1M | −$14.6M | −30.63% |
| Q3 2023 | 2023-09-27 | $38.3M | −$1.3M | −3.16% |
| Q2 2023 | 2023-06-28 | $40.4M | $13.1M | +48.12% |
| Q1 2023 | 2023-03-29 | $34.3M | $6.4M | +22.71% |
| Q4 2022 | 2022-12-28 | $47.8M | $15.1M | +46.32% |
| Q3 2022 | 2022-09-28 | $39.5M | $15.4M | +63.73% |
| Q2 2022 | 2022-06-29 | $27.3M | $5.7M | +26.63% |
| Q1 2022 | 2022-03-30 | $28.0M | $4.8M | +20.81% |
| Q4 2021 | 2021-12-29 | $32.6M | $10.6M | +48.13% |
| Q3 2021 | 2021-09-29 | $24.1M | $14.8M | +157.80% |
| Q2 2021 | 2021-06-30 | $21.6M | $3.1M | +16.65% |
| Q1 2021 | 2021-03-31 | $23.2M | $4.0M | +20.86% |
| Q4 2020 | 2020-12-30 | $22.0M | −$3.6M | −13.93% |
| Q3 2020 | 2020-09-23 | $9.4M | −$15.5M | −62.40% |
| Q2 2020 | 2020-06-24 | $18.5M | −$12.5M | −40.42% |
| Q1 2020 | 2020-03-25 | $19.2M | −$5.8M | −23.32% |
| Q4 2019 | 2019-12-25 | $25.6M | −$1.8M | −6.49% |
| Q3 2019 | 2019-09-25 | $24.9M | $1.1M | +4.74% |
| Q2 2019 | 2019-06-26 | $31.0M | $12.4M | +66.33% |
| Q1 2019 | 2019-03-27 | $25.0M | $7.3M | +41.01% |
| Q4 2018 | 2018-12-26 | $27.4M | $7.0M | +34.52% |
| Q3 2018 | 2018-09-26 | $23.8M | $7.6M | +46.85% |
| Q2 2018 | 2018-06-27 | $18.6M | $6.8M | +57.30% |
| Q1 2018 | 2018-03-28 | $17.7M | $4.6M | +34.92% |
| Q4 2017 | 2017-12-27 | $20.4M | — | — |
| Q3 2017 · Sep 27 | 2017-09-27 | $16.2M | $3.5M | +27.30% |
| Q2 2017 · Jun 28 | 2017-06-28 | $11.9M | −$566,000 | −4.56% |
| Q1 2017 · Mar 29 | 2017-03-29 | $13.1M | −$996,000 | −7.05% |
| Q3 2017 · Sep 28 | 2016-09-28 | $12.7M | $4.3M | +51.46% |
| Q2 2017 · Jun 29 | 2016-06-29 | $12.4M | $4.0M | +48.37% |
| Q1 2017 · Mar 30 | 2016-03-30 | $14.1M | $5.6M | +65.09% |
| Q3 2016 | 2015-09-30 | $8.4M | $1.9M | +28.53% |
| Q2 2016 | 2015-07-01 | $8.4M | −$1.2M | −12.72% |
| Q1 2016 | 2015-04-01 | $8.6M | $6.8M | +386.25% |
| Q3 2015 | 2014-09-24 | $6.5M | — | — |
| Q2 2015 | 2014-06-25 | $9.6M | — | — |
| Q1 2015 | 2014-03-26 | $1.8M | — | — |
Shake Shack capital expenditures (capex) trends
Over the last five fiscal years, Shake Shack's capital expenditures (capex) increased from $69.0M to $165.8M, a change of $96.8M. The latest reported quarter, Q2 2026, shows $57.7M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shake Shack source filings ↗