For the quarter ending 2025-09-24, SHAK had $20,953K increase in cash & cash equivalents over the period. $23,740K in free cash flow.
| Cash Flow | 2025-09-24 | 2025-06-25 | 2025-03-26 | 2024-12-25 |
|---|---|---|---|---|
| Impairments, loss on disposal of assets, and shack closures | - | - | - | -31,842 |
| Net income (including amounts attributable to non-controlling interests) | 13,711 | 18,483 | 4,513 | 9,333 |
| Depreciation and amortization expense | 27,079 | 26,545 | 26,543 | 25,809 |
| Unrealized loss on equity securities | - | - | - | 0 |
| Amortization of debt issuance costs | 262 | 262 | 262 | 261 |
| Gain on sale of equity securities | - | - | - | 0 |
| Amortization of cloud computing assets | 510 | 560 | 606 | 561 |
| Non-cash operating lease cost | 22,239 | 21,576 | 20,674 | 19,948 |
| Equity-based compensation | 4,423 | 5,209 | 4,541 | 4,376 |
| Deferred income taxes | 5,453 | 4,429 | -644 | 3,068 |
| Non-cash interest | -15 | 13 | 33 | 21 |
| Net amortization of discount on held-to-maturity securities | 0 | 0 | 0 | 0 |
| Impairments, loss on disposal of assets, and shack closures | -510 | -881 | 26,646 | - |
| Accounts receivable | -589 | 2,917 | -1,403 | 2,943 |
| Inventories | 283 | 716 | -702 | 868 |
| Prepaid expenses and other current assets | 1,972 | -1,624 | 3,786 | -1,152 |
| Other assets | 656 | 1,603 | 2,375 | 407 |
| Accounts payable | 1,554 | 61 | -2,225 | 7,263 |
| Accrued expenses | 9,131 | 7,381 | 5,566 | -3,479 |
| Accrued wages and related liabilities | 2,652 | 2,746 | -4,874 | 3,461 |
| Other current liabilities | -1,034 | 66 | -409 | 673 |
| Operating lease liabilities | -21,357 | -21,228 | -23,128 | -28,008 |
| Other long-term liabilities | 203 | 1,626 | 1,763 | 1,197 |
| Net cash provided by operating activities | 62,999 | 64,998 | 31,222 | 45,083 |
| Purchases of property and equipment | 39,259 | 38,086 | 29,352 | 34,698 |
| Purchases of held-to-maturity securities | - | - | - | 0 |
| Sales of equity securities | - | - | - | 0 |
| Purchases of equity securities | - | - | - | 0 |
| Maturities of held-to-maturity marketable securities | 0 | 0 | 0 | 0 |
| Net cash used in investing activities | -39,259 | -38,086 | -29,352 | -34,698 |
| Payments on principal of finance leases | 1,382 | 1,341 | 1,290 | 1,043 |
| Deferred financing costs | 10 | - | - | - |
| Distributions paid to non-controlling interest holders | 901 | 836 | 21 | 274 |
| Payments under tax receivable agreement | 13 | 0 | 24 | - |
| Net proceeds from stock option exercises | 0 | 0 | 123 | 832 |
| Employee withholding taxes related to net settled equity awards | 484 | 850 | 8,450 | 52 |
| Net cash used in financing activities | -2,790 | -3,027 | -9,662 | -537 |
| Effect of exchange rate changes on cash and cash equivalents | 3 | -2 | -1 | 1 |
| Increase in cash and cash equivalents | 20,953 | 23,883 | -7,793 | 9,849 |
| Cash and cash equivalents at beginning of period | 320,714 | - | - | - |
| Cash and cash equivalents at end of period | 357,757 | - | - | - |
Shake Shack Inc. (SHAK)
Shake Shack Inc. (SHAK)