Shake Shack annual working capital
2017
2018
2019
2020
2021
2022
2023
2024
2025
Shake Shack Working Capital Growth & History (SHAK)
Shake Shack's working capital was $185.4M for fiscal 2025.
View full Shake Shack company overviewShake Shack annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $185.4M | $4.5M | +2.50% |
| 2024 | 2024-12-25 | $180.9M | $10.5M | +6.19% |
| 2023 | 2023-12-27 | $170.4M | −$25.9M | −13.20% |
| 2022 | 2022-12-28 | $196.3M | −$91.9M | −31.89% |
| 2021 | 2021-12-29 | $288.2M | $194.7M | +208.28% |
| 2020 | 2020-12-30 | $93.5M | $105.2M | — |
| 2019 | 2019-12-25 | −$11.7M | −$52.9M | — |
| 2018 | 2018-12-26 | $41.2M | −$18.0M | −30.43% |
| 2017 | 2017-12-27 | $59.2M | — | — |
Shake Shack quarterly working capital
As of Dec 31, 2014
As of Apr 1, 2015
As of Jul 1, 2015
As of Sep 30, 2015
As of Dec 30, 2015
As of Mar 30, 2016
As of Jun 29, 2016
As of Sep 28, 2016
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 | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-01 | $157.8M | −$29.0M | −15.54% |
| Q1 2026 | 2026-04-01 | $161.3M | −$12.7M | −7.31% |
| Q4 2025 | 2025-12-31 | $185.4M | $4.5M | +2.50% |
| Q3 2025 | 2025-09-24 | $189.4M | $11.2M | +6.31% |
| Q2 2025 | 2025-06-25 | $186.8M | $9.2M | +5.18% |
| Q1 2025 | 2025-03-26 | $174.0M | $8.9M | +5.37% |
| Q4 2024 | 2024-12-25 | $180.9M | $10.5M | +6.19% |
| Q3 2024 | 2024-09-25 | $178.2M | $7.1M | +4.16% |
| Q2 2024 | 2024-06-26 | $177.6M | −$1.7M | −0.97% |
| Q1 2024 | 2024-03-27 | $165.1M | −$21.9M | −11.72% |
| Q4 2023 | 2023-12-27 | $170.4M | −$25.9M | −13.20% |
| Q3 2023 | 2023-09-27 | $171.1M | −$51.5M | −23.12% |
| Q2 2023 | 2023-06-28 | $179.3M | −$74.3M | −29.30% |
| Q1 2023 | 2023-03-29 | $187.0M | −$73.6M | −28.25% |
| Q4 2022 | 2022-12-28 | $196.3M | −$91.9M | −31.89% |
| Q3 2022 | 2022-09-28 | $222.5M | −$78.4M | −26.06% |
| Q2 2022 | 2022-06-29 | $253.7M | −$60.0M | −19.13% |
| Q1 2022 | 2022-03-30 | $260.7M | −$55.9M | −17.65% |
| Q4 2021 | 2021-12-29 | $288.2M | $194.7M | +208.28% |
| Q3 2021 | 2021-09-29 | $300.9M | $200.7M | +200.19% |
| Q2 2021 | 2021-06-30 | $313.7M | $206.3M | +192.05% |
| Q1 2021 | 2021-03-31 | $316.5M | $304.0M | +2415.82% |
| Q4 2020 | 2020-12-30 | $93.5M | $105.2M | — |
| Q3 2020 | 2020-09-23 | $100.2M | $96.8M | +2789.71% |
| Q2 2020 | 2020-06-24 | $107.4M | $99.5M | +1267.67% |
| Q1 2020 | 2020-03-25 | $12.6M | −$597,000 | −4.53% |
| Q4 2019 | 2019-12-25 | −$11.7M | −$52.9M | — |
| Q3 2019 | 2019-09-25 | $3.5M | −$51.6M | −93.71% |
| Q2 2019 | 2019-06-26 | $7.9M | −$55.4M | −87.59% |
| Q1 2019 | 2019-03-27 | $13.2M | −$49.0M | −78.81% |
| Q4 2018 | 2018-12-26 | $41.2M | −$18.0M | −30.43% |
| Q3 2018 | 2018-09-26 | $55.1M | −$6.6M | −10.73% |
| Q2 2018 | 2018-06-27 | $63.3M | $3.2M | +5.37% |
| Q1 2018 | 2018-03-28 | $62.2M | $7.2M | +13.11% |
| Q4 2017 | 2017-12-27 | $59.2M | — | — |
| Q3 2017 | 2017-09-27 | $61.7M | $5.9M | +10.61% |
| Q2 2017 | 2017-06-28 | $60.1M | $6.2M | +11.57% |
| Q1 2017 | 2017-03-29 | $55.0M | $1.8M | +3.37% |
| As of Sep 28, 2016 | 2016-09-28 | $55.8M | −$43,000 | −0.08% |
| As of Jun 29, 2016 | 2016-06-29 | $53.8M | −$1.2M | −2.19% |
| As of Mar 30, 2016 | 2016-03-30 | $53.2M | $721,000 | +1.37% |
| As of Dec 30, 2015 | 2015-12-30 | $54.9M | $95.2M | — |
| As of Sep 30, 2015 | 2015-09-30 | $55.9M | — | — |
| As of Jul 1, 2015 | 2015-07-01 | $55.1M | — | — |
| As of Apr 1, 2015 | 2015-04-01 | $52.5M | — | — |
| As of Dec 31, 2014 | 2014-12-31 | −$40.3M | — | — |
Shake Shack working capital trends
Over the last five fiscal years, Shake Shack's working capital increased from $93.5M to $185.4M, a change of $91.9M. The latest reported quarter, Q2 2026, shows $157.8M.
About the metric
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
Calculation and source
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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