Sweetgreen, Inc. income statement
In fiscal 2025, Sweetgreen, Inc. reported revenue of $679m, up 0.4% on the year before, operating income of −$139m (a -20.5% margin) and net income of −$134m, or −$1.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 221 | 340 | 470 | 584 | 677 | 679 | 682 |
| Research and development | — | — | 2 | 1 | 1 | 1 | — |
| General and administrative | 99 | 125 | 187 | 147 | 150 | 143 | 130 |
| Operating income | −142 | −134 | −193 | −122 | −96 | −139 | −146 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −141 | −153 | −189 | −113 | −92 | −134 | 15 |
| Income tax | 0 | 0 | 1 | 0 | −1 | 0 | 2 |
| Net income | −141 | −153 | −190 | −113 | −90 | −134 | 14 |
| Diluted EPS | −$2.20 | −$1.38 | −$1.73 | −$1.01 | −$0.79 | −$1.14 | $0.11 |
| Diluted shares (average) | 64m | 111m | 110m | 112m | 114m | 118m | 119m |
| EBITDA | −115 | −99 | −147 | −63 | −28 | −68 | −72 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 173 | 161 | 166 | 186 | 172 | 155 | 162 | 193 |
| Research and development | 0 | 0 | — | — | — | — | — | — |
| General and administrative | 37 | 37 | 38 | 35 | 31 | 40 | 29 | 30 |
| Operating income | −21 | −31 | −29 | −26 | −36 | −48 | −34 | −27 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −21 | −31 | −25 | −23 | −36 | −50 | 128 | −26 |
| Income tax | 0 | −2 | 0 | 0 | 0 | −0 | 2 | 0 |
| Net income | −21 | −29 | −25 | −23 | −36 | −50 | 126 | −26 |
| Diluted EPS | −$0.18 | −$0.25 | −$0.21 | −$0.20 | −$0.31 | −$0.42 | $1.05 | −$0.22 |
| EBITDA | −4 | −14 | −11 | −8 | −18 | −30 | −16 | −9 |
Compare with peers
- Wingstop Inc. income statement
- Portillo's Inc. income statement
- ONE Group Hospitality, Inc. income statement
- El Pollo Loco Holdings, Inc. income statement
- Noodles & Co income statement
Head to head: SG vs WINGPTLO vs SGSG vs STKSLOCO vs SG
More: Restaurants stocks compared, Consumer Discretionary sector, rankings of US companies