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Side-by-side financial comparison of Sweetgreen, Inc. (SG) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

Sweetgreen, Inc. is the larger business by last-quarter revenue ($161.5M vs $118.9M, roughly 1.4× Via Transportation, Inc.). Sweetgreen, Inc. runs the higher net margin — 77.9% vs -18.4%, a 96.3% gap on every dollar of revenue. On growth, Via Transportation, Inc. posted the faster year-over-year revenue change (29.7% vs -2.9%).

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.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

SG vs VIA — Head-to-Head

Bigger by revenue
SG
SG
1.4× larger
SG
$161.5M
$118.9M
VIA
Growing faster (revenue YoY)
VIA
VIA
+32.6% gap
VIA
29.7%
-2.9%
SG
Higher net margin
SG
SG
96.3% more per $
SG
77.9%
-18.4%
VIA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SG
SG
VIA
VIA
Revenue
$161.5M
$118.9M
Net Profit
$125.8M
$-21.9M
Gross Margin
39.5%
Operating Margin
68.7%
40.0%
Net Margin
77.9%
-18.4%
Revenue YoY
-2.9%
29.7%
Net Profit YoY
602.5%
-16.1%
EPS (diluted)
$1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SG
SG
VIA
VIA
Q1 26
$161.5M
Q4 25
$155.2M
$118.9M
Q3 25
$172.4M
$109.7M
Q2 25
$185.6M
Q1 25
$166.3M
Q4 24
$160.9M
Q3 24
$173.4M
Q2 24
$184.6M
Net Profit
SG
SG
VIA
VIA
Q1 26
$125.8M
Q4 25
$-49.7M
$-21.9M
Q3 25
$-36.1M
$-36.9M
Q2 25
$-23.2M
Q1 25
$-25.0M
Q4 24
$-29.0M
Q3 24
$-20.8M
Q2 24
$-14.5M
Gross Margin
SG
SG
VIA
VIA
Q1 26
Q4 25
39.5%
Q3 25
39.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
SG
SG
VIA
VIA
Q1 26
68.7%
Q4 25
-31.0%
40.0%
Q3 25
-21.0%
-17.2%
Q2 25
-14.2%
Q1 25
-17.2%
Q4 24
-19.5%
Q3 24
-12.2%
Q2 24
-8.8%
Net Margin
SG
SG
VIA
VIA
Q1 26
77.9%
Q4 25
-32.0%
-18.4%
Q3 25
-21.0%
-33.6%
Q2 25
-12.5%
Q1 25
-15.1%
Q4 24
-18.0%
Q3 24
-12.0%
Q2 24
-7.8%
EPS (diluted)
SG
SG
VIA
VIA
Q1 26
$1.05
Q4 25
$-0.42
Q3 25
$-0.31
$-1.49
Q2 25
$-0.20
Q1 25
$-0.21
Q4 24
$-0.25
Q3 24
$-0.18
Q2 24
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SG
SG
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$156.8M
$370.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$488.9M
Total Assets
$912.7M
$733.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SG
SG
VIA
VIA
Q1 26
$156.8M
Q4 25
$89.2M
$370.9M
Q3 25
$130.0M
$378.2M
Q2 25
$168.5M
Q1 25
$183.9M
Q4 24
$214.8M
Q3 24
$234.6M
Q2 24
$244.6M
Stockholders' Equity
SG
SG
VIA
VIA
Q1 26
$488.9M
Q4 25
$356.1M
Q3 25
$393.3M
$574.6M
Q2 25
$423.3M
Q1 25
$432.8M
Q4 24
$446.1M
Q3 24
$463.3M
Q2 24
$470.1M
Total Assets
SG
SG
VIA
VIA
Q1 26
$912.7M
Q4 25
$788.1M
$733.1M
Q3 25
$824.8M
$702.1M
Q2 25
$831.9M
Q1 25
$834.3M
Q4 24
$856.8M
Q3 24
$858.0M
Q2 24
$859.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SG
SG
VIA
VIA
Operating Cash FlowLast quarter
$-17.2M
$-455.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SG
SG
VIA
VIA
Q1 26
$-17.2M
Q4 25
$-8.7M
$-455.0K
Q3 25
$-1.4M
$-30.4M
Q2 25
$10.5M
Q1 25
$-13.1M
Q4 24
$6.1M
Q3 24
$14.7M
Q2 24
$19.1M
Free Cash Flow
SG
SG
VIA
VIA
Q1 26
Q4 25
$-39.0M
Q3 25
$-37.2M
$-31.8M
Q2 25
$-13.1M
Q1 25
$-29.9M
Q4 24
$-20.6M
Q3 24
$-10.3M
Q2 24
$-156.0K
FCF Margin
SG
SG
VIA
VIA
Q1 26
Q4 25
-25.1%
Q3 25
-21.6%
-29.0%
Q2 25
-7.1%
Q1 25
-18.0%
Q4 24
-12.8%
Q3 24
-6.0%
Q2 24
-0.1%
Capex Intensity
SG
SG
VIA
VIA
Q1 26
Q4 25
19.6%
Q3 25
20.8%
1.2%
Q2 25
12.7%
Q1 25
10.1%
Q4 24
16.6%
Q3 24
14.4%
Q2 24
10.4%
Cash Conversion
SG
SG
VIA
VIA
Q1 26
-0.14×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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