8-K Announcements
6May 7, 2026·SEC
Feb 26, 2026·SEC
Jan 5, 2026·SEC
Sweetgreen, Inc. (SG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Sweetgreen, Inc. (SG) stock price & volume — 10-year historical chart
Sweetgreen, Inc. (SG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Sweetgreen, Inc. (SG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.42vs $0.31-35.5% | $155Mvs $159M-2.3% |
| Q4 2025 | Nov 6, 2025 | $0.27vs $0.18-50.0% | $172Mvs $160M+8.0% |
| Q3 2025 | Aug 7, 2025 | $0.20vs $0.12-66.7% | $186Mvs $193M-4.1% |
| Q2 2025 | May 8, 2025 | $0.21vs $0.21+0.0% | $166Mvs $206M-19.1% |
Sweetgreen, Inc. (SG) competitors in Fast-Casual Chains — business model, growth, and fundamentals comparison
Sweetgreen, Inc. (SG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Sweetgreen, Inc. (SG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 274.15M | 220.62M | 339.87M | 470.11M | 584.04M | 676.83M | 679.47M | 674.69M |
| Revenue Growth % | - | -19.53% | 54.06% | 38.32% | 24.24% | 15.89% | 0.39% | -1.55% |
| Cost of Goods Sold | 230.18M | 229.32M | 299.47M | 400.82M | 482.12M | 543.88M | 575.94M | 439.33M |
| COGS % of Revenue | 83.96% | 103.94% | 88.11% | 85.26% | 82.55% | 80.36% | 84.76% | - |
| Gross Profit | 43.98M▲ 0% | -8.7M▼ 119.8% | 40.41M▲ 564.3% | 69.29M▲ 71.5% | 101.92M▲ 47.1% | 132.95M▲ 30.4% | 103.53M▼ 22.1% | 73.84M▲ 0% |
| Gross Margin % | 16.04% | -3.94% | 11.89% | 14.74% | 17.45% | 19.64% | 15.24% | 10.94% |
| Gross Profit Growth % | - | -119.79% | 564.32% | 71.48% | 47.1% | 30.44% | -22.13% | - |
| Operating Expenses | 114.05M | 132.89M | 174.8M | 262.62M | 224.26M | 228.65M | 214.94M | 219.09M |
| OpEx % of Revenue | 41.6% | 60.24% | 51.43% | 55.86% | 38.4% | 33.78% | 31.63% | - |
| Selling, General & Admin | 88.82M | 99.14M | 125.04M | 187.37M | 146.76M | 149.94M | 143.4M | 134.33M |
| SG&A % of Revenue | 32.4% | 44.94% | 36.79% | 39.86% | 25.13% | 22.15% | 21.1% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 25.23M | 33.75M | 49.76M | 75.26M | 77.5M | 78.71M | 71.54M | 4M |
| Operating Income | -70.07M▲ 0% | -141.59M▼ 102.1% | -134.4M▲ 5.1% | -193.34M▼ 43.9% | -122.34M▲ 36.7% | -95.7M▲ 21.8% | -111.41M▼ 16.4% | -129.04M▲ 0% |
| Operating Margin % | -25.56% | -64.18% | -39.54% | -41.13% | -20.95% | -14.14% | -16.4% | -19.13% |
| Operating Income Growth % | - | -102.07% | 5.08% | -43.85% | 36.72% | 21.77% | -16.41% | - |
| EBITDA | -50.66M | -114.74M | -98.85M | -146.64M | -61.97M | -27.44M | -38.86M | -54.48M |
| EBITDA Margin % | -18.48% | -52.01% | -29.08% | -31.19% | -10.61% | -4.05% | -5.72% | -8.07% |
| EBITDA Growth % | - | -126.51% | 13.85% | -48.35% | 57.74% | 55.72% | -41.6% | -95.03% |
| D&A (Non-Cash Add-back) | 19.42M | 26.85M | 35.55M | 46.7M | 60.37M | 68.26M | 72.55M | 74.56M |
| EBIT | -67.83M | -140.82M | -152.94M | -189.01M | -112.88M | -91.42M | -134M | -109.05M |
| Net Interest Income | 2.64M | 614K | 363K | 5.06M | 12.81M | 10.69M | 6.53M | 4.63M |
| Interest Income | 2.72M | 1.02M | 450K | 5.14M | 12.94M | 10.94M | 6.55M | 3.24M |
| Interest Expense | 88K | 404K | 87K | 83K | 128K | 256K | 19K | 47K |
| Other Income/Expense | 2.16M | 369K | -18.63M | 4.24M | 9.34M | 4.03M | -22.61M | 147.56M |
| Pretax Income | -67.92M▲ 0% | -141.22M▼ 107.9% | -153.03M▼ 8.4% | -189.1M▼ 23.6% | -113M▲ 40.2% | -91.67M▲ 18.9% | -134.02M▼ 46.2% | 18.52M▲ 0% |
| Pretax Margin % | -24.77% | -64.01% | -45.02% | -40.22% | -19.35% | -13.54% | -19.72% | 2.74% |
| Income Tax | 0 | 0 | 147K | 1.34M | 379K | -1.3M | 46K | 1.73M |
| Effective Tax Rate % | 0% | 0% | -0.1% | -0.71% | -0.34% | 1.42% | -0.03% | 9.36% |
| Net Income | -67.92M▲ 0% | -141.22M▼ 107.9% | -153.18M▼ 8.5% | -190.44M▼ 24.3% | -113.38M▲ 40.5% | -90.37M▲ 20.3% | -134.06M▼ 48.3% | 16.78M▲ 0% |
| Net Margin % | -24.77% | -64.01% | -45.07% | -40.51% | -19.41% | -13.35% | -19.73% | 2.49% |
| Net Income Growth % | - | -107.94% | -8.46% | -24.33% | 40.46% | 20.29% | -48.35% | 118.78% |
| Net Income (Continuing) | -67.92M | -141.22M | -153.18M | -190.44M | -113.38M | -90.37M | -134.06M | 16.78M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.62▲ 0% | -1.61▼ 159.7% | -1.40▲ 13.0% | -1.73▼ 23.6% | -1.01▲ 41.6% | -0.79▲ 21.8% | -1.14▼ 44.3% | 0.14▲ 0% |
| EPS Growth % | - | -159.68% | 13.04% | -23.57% | 41.62% | 21.78% | -44.3% | 115.58% |
| EPS (Basic) | -0.62 | -1.61 | -1.40 | -1.73 | -1.01 | -0.79 | -1.14 | - |
| Diluted Shares Outstanding | 108.19M | 87.68M | 108.83M | 110.13M | 111.91M | 114.32M | 117.96M | 120.23M |
| Basic Shares Outstanding | 108.19M | 87.68M | 109.35M | 110.13M | 111.91M | 114.32M | 117.96M | 118.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Sweetgreen, Inc. (SG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 261.58M | 115.86M | 506.66M | 346.15M | 276.11M | 234.54M | 129.66M | 175.31M |
| Cash & Short-Term Investments | 249.26M | 102.64M | 471.97M | 331.61M | 257.23M | 214.79M | 89.18M | 156.8M |
| Cash Only | 249.26M | 102.64M | 471.97M | 331.61M | 257.23M | 214.79M | 89.18M | 156.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.32M | 6.99M | 19.86M | 3.34M | 3.6M | 5.13M | 5.17M | 7.04M |
| Days Sales Outstanding | 7.08 | 11.57 | 21.33 | 2.59 | 2.25 | 2.76 | 2.78 | 3.5 |
| Inventory | 831K | 620K | 903K | 1.38M | 2.07M | 1.99M | 2.38M | 2.59M |
| Days Inventory Outstanding | 1.32 | 0.99 | 1.1 | 1.26 | 1.57 | 1.33 | 1.51 | 2.04 |
| Other Current Assets | 57K | 218K | 155K | 1.65M | 7.45M | 4.79M | 32.93M | 8.89M |
| Total Non-Current Assets | 124.84M | 149.82M | 255.99M | 562.79M | 580.45M | 622.22M | 658.45M | 737.38M |
| Property, Plant & Equipment | 107.78M | 127.21M | 180.67M | 489.32M | 510.89M | 553.98M | 611.17M | 604.13M |
| Fixed Asset Turnover | 2.54x | 1.73x | 1.88x | 0.96x | 1.14x | 1.22x | 1.11x | 1.13x |
| Goodwill | 6.28M | 6.28M | 35.97M | 35.97M | 35.97M | 35.97M | 27.79M | 27.79M |
| Intangible Assets | 5.72M | 10.94M | 32.87M | 30.56M | 27.41M | 24.04M | 10.42M | 10.24M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90.56M |
| Other Non-Current Assets | 5.06M | 5.4M | 6.49M | 6.94M | 6.17M | 8.23M | 9.06M | 32.35M |
| Total Assets | 386.42M▲ 0% | 265.68M▼ 31.2% | 762.65M▲ 187.1% | 908.93M▲ 19.2% | 856.56M▼ 5.8% | 856.76M▲ 0.0% | 788.1M▼ 8.0% | 912.69M▲ 0% |
| Asset Turnover | 0.71x | 0.83x | 0.45x | 0.52x | 0.68x | 0.79x | 0.86x | 0.80x |
| Asset Growth % | - | -31.25% | 187.05% | 19.18% | -5.76% | 0.02% | -8.01% | -5.67% |
| Total Current Liabilities | 32.92M | 36.32M | 47.53M | 72.55M | 91.58M | 115.83M | 118.65M | 109.13M |
| Accounts Payable | 8.32M | 6.23M | 11.2M | 12.24M | 17.38M | 18.7M | 19.89M | 17.43M |
| Days Payables Outstanding | 13.2 | 9.92 | 13.65 | 11.15 | 13.16 | 12.55 | 12.6 | 15.93 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 41.59M | 42.23M |
| Deferred Revenue (Current) | 3.47M | 2.34M | 1.84M | 2.02M | 2.8M | 4.41M | 0 | 14.14M |
| Other Current Liabilities | 1.93M | 8.22M | 8.61M | 1.73M | 6M | 9.66M | 57.18M | 66.9M |
| Current Ratio | 7.95x | 3.19x | 10.66x | 4.77x | 3.02x | 2.02x | 1.09x | 1.09x |
| Quick Ratio | 7.92x | 3.17x | 10.64x | 4.75x | 2.99x | 2.01x | 1.07x | 1.07x |
| Cash Conversion Cycle | -4.8 | 2.64 | 8.79 | -7.3 | -9.34 | -8.45 | -8.32 | -10.39 |
| Total Non-Current Liabilities | 526.7M | 536.73M | 62M | 295.16M | 282.38M | 294.79M | 313.33M | 314.63M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 312.9M | 313.87M |
| Capital Lease Obligations | 0 | 0 | 0 | 271.1M | 271.44M | 288.94M | 0 | 613.52M |
| Deferred Tax Liabilities | 0 | 0 | 125K | 1.41M | 1.77M | 361K | 274K | 2.08M |
| Other Non-Current Liabilities | 526.7M | 536.73M | 61.88M | 22.65M | 9.17M | 5.48M | 149K | 5.24M |
| Total Liabilities | 559.62M | 573.04M | 109.53M | 367.71M | 373.96M | 410.61M | 431.98M | 423.76M |
| Total Debt | 0 | 0 | 0 | 300.74M | 302.87M | 330.71M | 354.49M | 356.09M |
| Net Debt | -249.26M | -102.64M | -471.97M | -30.88M | 45.63M | 115.92M | 265.32M | 199.29M |
| Debt / Equity | - | - | - | 0.56x | 0.63x | 0.74x | 1.00x | 1.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | -6.54x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | -3.66x |
| Interest Coverage | -770.78x | -348.56x | -1757.94x | -2277.27x | -881.85x | -357.10x | -7052.63x | -2320.23x |
| Total Equity | -173.19M▲ 0% | -307.36M▼ 77.5% | 653.12M▲ 312.5% | 541.23M▼ 17.1% | 482.6M▼ 10.8% | 446.14M▼ 7.6% | 356.13M▼ 20.2% | 488.93M▲ 0% |
| Equity Growth % | - | -77.47% | 312.49% | -17.13% | -10.83% | -7.55% | -20.18% | -32.27% |
| Book Value per Share | -1.60 | -3.51 | 6.00 | 4.91 | 4.31 | 3.90 | 3.02 | 4.07 |
| Total Shareholders' Equity | -173.19M | -307.36M | 653.12M | 541.23M | 482.6M | 446.14M | 356.13M | 488.93M |
| Common Stock | 15K | 17K | 109K | 111K | 113K | 117K | 118K | 119K |
| Retained Earnings | -181.82M | -323.04M | -476.22M | -671.6M | -784.99M | -875.36M | -1.01B | -883.61M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sweetgreen, Inc. (SG) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -37.2M | -90.35M | -64.53M | -43.17M | 26.48M | 43.39M | -12.7M | -12.7M |
| Operating CF Margin % | -13.57% | -40.95% | -18.99% | -9.18% | 4.53% | 6.41% | -1.87% | - |
| Operating CF Growth % | - | -142.89% | 28.58% | 33.1% | 161.34% | 63.86% | -129.26% | -426.78% |
| Net Income | -67.92M | -141.22M | -153.18M | -190.44M | -113.38M | -90.37M | -134.06M | 16.78M |
| Depreciation & Amortization | 19.42M | 26.85M | 35.55M | 46.7M | 60.37M | 68.26M | 71.54M | 144.77M |
| Stock-Based Compensation | 3.9M | 4.91M | 28.9M | 78.74M | 49.53M | 39.02M | 36.48M | 57.68M |
| Deferred Taxes | 0 | 0 | 125K | 1.29M | 358K | -1.41M | -89K | 538K |
| Other Non-Cash Items | 1.26M | 3.03M | 24.51M | 45.33M | 38.79M | 41.05M | 49.29M | -114.89M |
| Working Capital Changes | 6.13M | 16.08M | -436K | -24.78M | -9.19M | -13.16M | -35.84M | -13.09M |
| Change in Receivables | -1.48M | -1.63M | -12.73M | -600K | -258K | -1.53M | -132K | 870K |
| Change in Inventory | -190K | 211K | -283K | -480K | -686K | 82K | -397K | -468K |
| Change in Payables | -1.69M | 958K | 3.04M | -4.55M | 9.87M | 759K | 1.19M | 1.5M |
| Cash from Investing | -50.47M | -58.41M | -97.55M | -102.02M | -95.67M | -92.21M | -114.25M | -9.9M |
| Capital Expenditures | -39.29M | -48.15M | -84.51M | -96.89M | -89.67M | -84.46M | -106.49M | -200.24M |
| CapEx % of Revenue | 14.33% | 21.82% | 24.87% | 20.61% | 15.35% | 12.48% | 15.67% | - |
| Acquisitions | -4.79M | -791K | -3.34M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -6.38M | -9.47M | -9.7M | -5.13M | -5.99M | -7.75M | -7.76M | 190.33M |
| Cash from Financing | 149.8M | 2.15M | 531.61M | 4.63M | -5.2M | 8.89M | 2.86M | 1.02M |
| Debt Issued (Net) | 0 | 0 | 5.16M | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 148.91M | 0 | 500.31M | 0 | -166K | -2K | 3.12M | 438K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -166K | -2K | 0 | -3K |
| Other Financing | 890K | 2.15M | 26.15M | 4.63M | -5.03M | 8.9M | -259K | 585K |
| Net Change in Cash | 62.13M▲ 0% | -146.61M▼ 336.0% | 369.53M▲ 352.0% | -140.56M▼ 138.0% | -74.38M▲ 47.1% | -39.93M▲ 46.3% | -124.09M▼ 210.8% | -25.58M▲ 0% |
| Free Cash Flow | -81.89M▲ 0% | -147.25M▼ 79.8% | -157.3M▼ 6.8% | -145.43M▲ 7.5% | -69.31M▲ 52.3% | -48.81M▲ 29.6% | -119.19M▼ 144.2% | -120.69M▲ 0% |
| FCF Margin % | -29.87% | -66.74% | -46.28% | -30.94% | -11.87% | -7.21% | -17.54% | -17.89% |
| FCF Growth % | - | -79.81% | -6.83% | 7.55% | 52.34% | 29.58% | -144.2% | -73.47% |
| FCF per Share | -0.76 | -1.68 | -1.45 | -1.32 | -0.62 | -0.43 | -1.01 | -1.01 |
| FCF Conversion (FCF/Net Income) | 0.55x | 0.64x | 0.42x | 0.23x | -0.23x | -0.48x | 0.09x | -7.19x |
| Interest Paid | 0 | 383K | 0 | 0 | 50K | 184K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sweetgreen, Inc. (SG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -88.6% | -31.89% | -22.15% | -19.46% | -33.42% | 4.04% |
| Return on Invested Capital (ROIC) | - | -55.65% | -41.94% | -17.67% | -13.17% | -14.12% | -14.12% |
| Gross Margin | -3.94% | 11.89% | 14.74% | 17.45% | 19.64% | 15.24% | 10.94% |
| Net Margin | -64.01% | -45.07% | -40.51% | -19.41% | -13.35% | -19.73% | 2.49% |
| Debt / Equity | - | - | 0.56x | 0.63x | 0.74x | 1.00x | 1.00x |
| Interest Coverage | -348.56x | -1757.94x | -2277.27x | -881.85x | -357.10x | -7052.63x | -2320.23x |
| FCF Conversion | 0.64x | 0.42x | 0.23x | -0.23x | -0.48x | 0.09x | -7.19x |
| Revenue Growth | -19.53% | 54.06% | 38.32% | 24.24% | 15.89% | 0.39% | -1.55% |
Sweetgreen, Inc. (SG) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 7, 2026·SEC
Feb 26, 2026·SEC
Jan 5, 2026·SEC
Sweetgreen, Inc. (SG) stock FAQ — growth, dividends, profitability & financials explained
Sweetgreen, Inc. (SG) reported $674.7M in revenue for fiscal year 2025. This represents a 146% increase from $274.2M in 2019.
Sweetgreen, Inc. (SG) grew revenue by 0.4% over the past year. Growth has been modest.
Yes, Sweetgreen, Inc. (SG) is profitable, generating $16.8M in net income for fiscal year 2025 (-19.7% net margin).
Sweetgreen, Inc. (SG) has a return on equity (ROE) of -33.4%. Negative ROE indicates the company is unprofitable.
Sweetgreen, Inc. (SG) had negative free cash flow of $120.7M in fiscal year 2025, likely due to heavy capital investments.
Sweetgreen, Inc. (SG) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates