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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 25, 2025
Dec. 25, 2024
Current assets:    
Cash and cash equivalents $ 336,804 $ 320,714
Accounts receivable, net 21,201 19,687
Inventories 6,028 6,014
Prepaid expenses and other current assets 26,810 21,801
Total current assets 390,843 368,216
Property and equipment, net of accumulated depreciation of $506,081 and $457,186, respectively. 577,054 551,600
Operating lease assets 453,844 424,611
Deferred income taxes, net 340,897 341,586
Other assets 12,395 10,958
TOTAL ASSETS 1,775,033 1,696,971
Current liabilities:    
Accounts payable 20,662 23,609
Accrued expenses 79,741 63,005
Accrued wages and related liabilities 23,294 25,422
Operating lease liabilities, current 59,133 55,739
Other current liabilities 21,220 19,538
Total current liabilities 204,050 187,313
Long-term debt 247,207 246,683
Long-term operating lease liabilities 525,998 494,499
Liabilities under tax receivable agreement, net of current portion 247,625 247,017
Other long-term liabilities 31,089 27,833
Total liabilities 1,255,969 1,203,345
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of June 25, 2025 and December 25, 2024. 0 0
Additional paid-in capital 445,682 442,993
Retained earnings 48,377 26,984
Accumulated other comprehensive loss (4) (1)
Total stockholders' equity attributable to Shake Shack Inc. 494,097 470,018
Non-controlling interests 24,967 23,608
Total equity 519,064 493,626
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,775,033 1,696,971
Class A Common Stock    
Stockholders' equity:    
Common stock 40 40
Class B Common Stock    
Stockholders' equity:    
Common stock $ 2 $ 2