Financials in USD. Standardized financial statements.
A compact view of how Sweetgreen, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $679.47M | $676.83M | $584.04M | $470.11M | $339.87M | $220.62M | $274.15M |
| Revenue Growth? | +0.4% | +15.9% | +24.2% | +38.3% | +54.1% | -19.5% | 0.0% |
| Cost of Revenue? | $575.94M | $543.88M | $482.12M | $400.82M | $299.47M | $229.32M | $230.18M |
| Gross Profit? | $103.53M | $132.95M | $101.92M | $69.29M | $40.41M | -$8.70M | $43.98M |
| Gross Margin? | +15.2% | +19.6% | +17.5% | +14.7% | +11.9% | -3.9% | +16.0% |
| Operating Expenses? | $214.94M | $228.65M | $224.26M | $262.62M | $174.80M | $132.89M | $114.05M |
| Operating Income? | -$111.41M | -$95.70M | -$122.34M | -$193.34M | -$134.40M | -$141.59M | -$70.07M |
| EBITDA? | -$61.45M | -$23.16M | -$52.51M | -$142.32M | -$117.39M | -$113.97M | -$48.41M |
| Income Before Tax | -$134.02M | -$91.67M | -$113.00M | -$189.10M | -$153.03M | -$141.22M | -$67.92M |
| Income Tax Expense | $46,000 | -$1.30M | $379,000 | $1.34M | $147,000 | $0 | $0 |
| Net Income? | -$134.06M | -$90.37M | -$113.38M | -$190.44M | -$153.18M | -$141.22M | -$67.92M |
| EPS? | $-1.14 | $-0.79 | $-1.01 | $-1.73 | $-1.40 | $-1.61 | $-0.62 |
| Diluted EPS? | $-1.14 | $-0.79 | $-1.01 | $-1.73 | $-1.40 | $-1.61 | $-0.62 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality