Sweetgreen, Inc.SGEarnings & Financial Report
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.
Revenue
$185.6M
Gross Profit
N/A
Operating Profit
$-26.4M
Net Profit
$-23.2M
Gross Margin
N/A
Operating Margin
-14.2%
Net Margin
-12.5%
YoY Growth
0.5%
EPS
$-0.20
Sweetgreen, Inc. Q2 FY2025 Financial Summary
Sweetgreen, Inc. reported revenue of $185.6M (up 0.5% YoY) for Q2 FY2025, with a net profit of $-23.2M (down 60.2% YoY) (-12.5% margin).
Key Financial Metrics
| Total Revenue | $185.6M |
|---|---|
| Net Profit | $-23.2M |
| Gross Margin | N/A |
| Operating Margin | -14.2% |
| Report Period | Q2 FY2025 |
Sweetgreen, Inc. Annual Revenue by Year
Sweetgreen, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $679.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $679.5M |
| 2024 | $676.8M |
| 2023 | $584.0M |
| 2022 | $470.1M |
Sweetgreen, Inc. Quarterly Revenue & Net Profit History
Sweetgreen, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $161.5M | -2.9% | $125.8M | 77.9% |
| Q4 FY2025 | $155.2M | -3.5% | $-49.7M | -32.0% |
| Q3 FY2025 | $172.4M | -0.6% | $-36.1M | -21.0% |
| Q2 FY2025 | $185.6M | +0.5% | $-23.2M | -12.5% |
| Q1 FY2025 | $166.3M | +5.4% | $-25.0M | -15.1% |
| Q4 FY2024 | $160.9M | +5.1% | $-29.0M | -18.0% |
| Q3 FY2024 | $173.4M | +13.0% | $-20.8M | -12.0% |
| Q2 FY2024 | $184.6M | +21.1% | $-14.5M | -7.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $184.6M | $173.4M | $160.9M | $166.3M | $185.6M | $172.4M | $155.2M | $161.5M |
| YoY Growth | 21.1% | 13.0% | 5.1% | 5.4% | 0.5% | -0.6% | -3.5% | -2.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $859.2M | $858.0M | $856.8M | $834.3M | $831.9M | $824.8M | $788.1M | $912.7M |
| Liabilities | $389.0M | $394.7M | $410.6M | $401.6M | $408.6M | $431.5M | $432.0M | $423.8M |
| Equity | $470.1M | $463.3M | $446.1M | $432.8M | $423.3M | $393.3M | $356.1M | $488.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $19.1M | $14.7M | $6.1M | $-13.1M | $10.5M | $-1.4M | $-8.7M | $-17.2M |