SWEETGREEN, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:01:30Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -119.19M | -41.07M | -63.19M | -140.06M | -149.04M | -138.50M |
| EBITDA | -67.78M | -28.36M | -62.85M | -146.87M | -98.85M | -114.74M |
| Working Capital | 11.01M | 118.71M | 184.53M | 273.60M | 459.13M | — |
| Net Debt | 265.32M | 115.92M | 45.63M | -30.88M | -471.97M | — |
| Operating Margin | -20.50% | -14.14% | -20.95% | -41.13% | -39.54% | -64.18% |
| Net Margin | -19.73% | -13.35% | -19.41% | -40.51% | -45.07% | -64.01% |
| Return on Equity (ROE) | -37.65% | -20.26% | -23.49% | -35.19% | -23.45% | 45.95% |
| Return on Assets (ROA) | -17.01% | -10.55% | -13.24% | -20.95% | -20.08% | — |
| Current Ratio | 1.09× | 2.02× | 3.02× | 4.77× | 10.66× | — |
| Debt-to-Equity | 1.00× | 0.74× | 0.63× | 0.56× | 0.00× | — |
| Effective Tax Rate | -0.03% | 1.42% | -0.34% | -0.71% | -0.10% | 0.00% |
| Cash Conversion Ratio | 0.09× | -0.48× | -0.23× | 0.23× | 0.42× | 0.64× |
| Accruals Ratio | -0.15× | -0.16× | -0.16× | -0.16× | -0.12× | — |
| SBC % of Revenue | 5.37% | 5.77% | 8.48% | 16.75% | 8.50% | 2.23% |
| CapEx Coverage | -0.12× | 0.51× | 0.30× | -0.45× | -0.76× | -1.88× |
| Free Cash Flow Per Share | $-1.01 | $-0.36 | $-0.56 | $-1.27 | $-5.36 | $-8.63 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 679.47M | 676.83M | 584.04M | 470.11M | 339.87M | 220.62M |
| Research and Development Expense | 1.00M | 1.20M | 1.20M | 2.00M | — | — |
| Operating Expenses | 242.85M | 228.65M | 224.26M | 262.62M | 174.80M | 132.89M |
| Operating Income (Loss) | -139.32M | -95.70M | -122.34M | -193.34M | -134.40M | -141.59M |
| Income Tax Expense (Benefit) | 46.00K | -1.30M | 379.00K | 1.34M | 147.00K | 0 |
| Net Income (Loss) Attributable to Parent | -134.06M | -90.37M | -113.38M | -190.44M | -153.18M | -141.22M |
| Earnings Per Share, Basic | $-1.14 | $-0.79 | $-1.01 | $-1.73 | $-5.51 | $-8.80 |
| Weighted Average Number of Shares Outstanding, Basic | 117.96M | 114.32M | 111.91M | 110.13M | 27.78M | 16.05M |
| Earnings Per Share, Diluted | $-1.14 | $-0.79 | $-1.01 | $-1.73 | $-5.51 | $-8.80 |
| Weighted Average Number of Shares Outstanding, Diluted | 117.96M | 114.32M | 111.91M | 110.13M | 27.78M | 16.05M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 89.18M | 214.79M | 257.23M | 331.61M | 471.97M | — |
| Assets, Current | 129.66M | 234.54M | 276.11M | 346.15M | 506.66M | — |
| Assets | 788.10M | 856.76M | 856.56M | 908.93M | 762.65M | — |
| Liabilities, Current | 118.65M | 115.83M | 91.58M | 72.55M | 47.53M | — |
| Liabilities | 431.98M | 410.61M | 373.96M | 367.71M | 109.53M | — |
| Stockholders' Equity Attributable to Parent | 356.13M | 446.14M | 482.60M | 541.23M | 653.12M | -307.36M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -12.70M | 43.39M | 26.48M | -43.17M | -64.53M | -90.35M |
| Payments to Acquire Property, Plant, and Equipment | 106.49M | 84.46M | 89.67M | 96.89M | 84.51M | 48.15M |
| Net Cash Provided by (Used in) Investing Activities | -114.25M | -92.21M | -95.67M | -102.02M | -97.55M | -58.41M |
| Net Cash Provided by (Used in) Financing Activities | 2.86M | 8.89M | -5.20M | 4.63M | 531.61M | 2.15M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -29.56M | -39.00M | -80.19M | -43.00M | -29.86M | -20.60M |
| EBITDA | -15.72M | -29.95M | -17.97M | -8.43M | -11.43M | -14.15M |
| Working Capital | 66.19M | 11.01M | 33.73M | 85.86M | 101.34M | 118.71M |
| Net Debt | 199.29M | 265.32M | 226.44M | 170.28M | 145.50M | 115.92M |
| Operating Margin | -21.26% | -30.98% | -21.04% | -14.24% | -17.16% | -19.53% |
| Net Margin | 77.89% | -32.04% | -20.97% | -12.48% | -15.06% | -18.04% |
| Return on Equity (ROE) | 25.73% | -13.96% | -9.19% | -5.47% | -5.79% | -6.51% |
| Return on Assets (ROA) | 13.78% | -6.31% | -4.38% | -2.78% | -3.00% | -3.39% |
| Current Ratio | 1.61× | 1.09× | 1.29× | 1.82× | 1.97× | 2.02× |
| Debt-to-Equity | 0.73× | 1.00× | 0.91× | 0.80× | 0.76× | 0.74× |
| Effective Tax Rate | 1.39% | 0.51% | -0.25% | -0.39% | -0.36% | 5.13% |
| Cash Conversion Ratio | -0.14× | 0.17× | 0.11× | 0.12× | 0.52× | -0.21× |
| Accruals Ratio | 0.16× | -0.05× | -0.04× | -0.02× | -0.01× | -0.04× |
| SBC % of Revenue | 3.59% | 8.02% | 13.94% | 9.82% | 6.15% | 5.48% |
| CapEx Coverage | -1.38× | -0.29× | -0.05× | -0.07× | -0.78× | 0.23× |
| Free Cash Flow Per Share | $-0.25 | $-0.33 | $-0.68 | $-0.36 | $-0.25 | $-0.18 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 39.17× | — | — | — | — | — |
| P/S | 0.84× | 1.21× | 1.41× | 2.33× | 4.37× | 5.47× |
| P/B | 1.16× | 2.31× | 2.45× | 3.78× | 6.92× | 8.29× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 161.52M | 155.19M | 172.39M | 185.58M | 166.30M | 160.90M |
| Research and Development Expense | — | — | — | — | — | 300.00K |
| Operating Expenses | 50.55M | 64.29M | 58.79M | 61.55M | 58.22M | 59.38M |
| Operating Income (Loss) | -34.35M | -48.08M | -36.27M | -26.42M | -28.54M | -31.43M |
| Income Tax Expense (Benefit) | 1.78M | -254.00K | 90.00K | 90.00K | 90.00K | -1.57M |
| Net Income (Loss) Attributable to Parent | 125.81M | -49.72M | -36.15M | -23.16M | -25.04M | -29.03M |
| Earnings Per Share, Basic | $1.06 | $-0.42 | $-0.31 | $-0.20 | $-0.21 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Basic | 118.66M | 117.96M | 118.28M | 117.83M | 117.31M | 114.32M |
| Earnings Per Share, Diluted | $1.05 | $-0.42 | $-0.31 | $-0.20 | $-0.21 | $-0.25 |
| Weighted Average Number of Shares Outstanding, Diluted | 120.23M | 117.96M | 118.28M | 117.83M | 117.31M | 114.32M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 156.80M | 89.18M | 129.97M | 168.45M | 183.89M | 214.79M |
| Assets, Current | 175.31M | 129.66M | 149.68M | 190.33M | 206.17M | 234.54M |
| Assets | 912.69M | 788.10M | 824.77M | 831.88M | 834.32M | 856.76M |
| Liabilities, Current | 109.13M | 118.65M | 115.95M | 104.46M | 104.82M | 115.83M |
| Liabilities | 423.76M | 431.98M | 431.47M | 408.58M | 401.57M | 410.61M |
| Stockholders' Equity Attributable to Parent | 488.93M | 356.13M | 393.30M | 423.30M | 432.75M | 446.14M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -17.16M | -8.65M | -4.04M | -2.67M | -13.13M | 6.12M |
| Payments to Acquire Property, Plant, and Equipment | 12.39M | 30.34M | 76.15M | 40.33M | 16.73M | 26.72M |
| Net Cash Provided by (Used in) Investing Activities | 85.21M | -32.22M | -82.03M | -44.53M | -19.13M | -29.01M |
| Net Cash Provided by (Used in) Financing Activities | -411.00K | 108.00K | 2.75M | 2.42M | 1.43M | 3.06M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SG CIK 0001477815),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.