Sweetgreen, Inc.SGEarnings & Financial Report
NYSE · fast casual restaurant
Sweetgreen is an American fast casual restaurant chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August 2007, they opened their first store in Washington, D.C., three months after they graduated from the McDonough School of Business at Georgetown University.
SG Q3 2025 Key Financial Metrics
Revenue
$172.4M
Gross Profit
N/A
Operating Profit
$-36.3M
Net Profit
$-36.1M
Gross Margin
N/A
Operating Margin
-21.0%
Net Margin
-21.0%
YoY Growth
-0.6%
EPS
$-0.31
Financial Flow
Sweetgreen, Inc. Q3 2025 Financial Summary
Sweetgreen, Inc. reported revenue of $172.4M for Q3 2025, with a net profit of $-36.1M (-21.0% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $172.4M |
|---|---|
| Net Profit | $-36.1M |
| Gross Margin | N/A |
| Operating Margin | -21.0% |
| Report Period | Q3 2025 |
Sweetgreen, Inc. Annual Revenue by Year
Sweetgreen, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $676.8M).
| Year | Annual Revenue |
|---|---|
| 2024 | $676.8M |
| 2023 | $584.0M |
| 2022 | $470.1M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $153.0M | $157.8M | $184.6M | $173.4M | $160.9M | $166.3M | $185.6M | $172.4M |
| YoY Growth | 29.1% | 26.2% | 21.1% | 13.0% | 5.1% | 5.4% | 0.5% | -0.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $856.6M | $842.7M | $859.2M | $858.0M | $856.8M | $834.3M | $831.9M | $824.8M |
| Liabilities | $374.0M | $372.4M | $389.0M | $394.7M | $410.6M | $401.6M | $408.6M | $431.5M |
| Equity | $482.6M | $470.3M | $470.1M | $463.3M | $446.1M | $432.8M | $423.3M | $393.3M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $8.9M | $3.4M | $19.1M | $14.7M | $6.1M | $-13.1M | $10.5M | $-1.4M |
