What is Shake Shack's backlog?

Shake Shack reported $25.7M of remaining performance obligations at 30 Sep 2026, down 7% from a year earlier and down 2% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

Shake Shack (SHAK) backlog: remaining performance obligations

How much revenue Shake Shack already has under contract, how fast it converts, and who it is with.

Data as of 7 Nov 2026.

Open the interactive Backlog view Shake Shack competitor analysis

Shake Shack reported $25.7M of remaining performance obligations at 30 Sep 2026, down 7% from a year earlier and down 2% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: -$500,000.
Customer prepayments (contract liabilities) cover 8.2% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -24 points — revenue is catching up with orders.
By backlog size it ranks 497th among US filers the cockpit tracks.

Shake Shack backlog history

Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).

Amounts in USD. Source: SEC XBRL filings.
Quarter end	Backlog (RPO)	TTM revenue	Customer prepayments
30 Sep 2026	$25.7M	$1.61B	$2.10M
1 Jul 2026	$26.2M	$1.55B	$2.00M
1 Apr 2026	$26.8M	$1.49B	$2.00M
31 Dec 2025	$27.3M	$1.45B	$1.90M
24 Sep 2025	$27.7M	$1.37B	$1.80M
25 Jun 2025	$27.3M	$1.32B	$1.80M
26 Mar 2025	$24.2M	$1.28B	$1.80M
25 Dec 2024	$23.1M	$1.25B	$1.70M
25 Sep 2024	$22.5M	$1.21B	$1.30M
26 Jun 2024	$23.0M	$1.17B	$1.30M
27 Mar 2024	$23.4M	$1.12B	$1.30M
27 Dec 2023	$23.7M	$1.09B	$1.20M

Questions

What is Shake Shack's backlog?: Shake Shack reported $25.7M of remaining performance obligations at 30 Sep 2026, down 7% from a year earlier and down 2% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.