Sweetgreen, Inc.
Financial highlights
| Metric | FY 12/28/25 | FY 12/29/24 | FY 12/31/23 | FY 12/25/22 | FY 12/26/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $679.5M | $676.8M | $584.0M | $470.1M | $339.9M |
| Research and development | $1.0M | $1.2M | $1.2M | $2.0M | — |
| Operating expenses | $242.8M | $228.7M | $224.3M | $262.6M | $174.8M |
| Operating income | -$139.3M | -$95.7M | -$122.3M | -$193.3M | -$134.4M |
| Interest expense | $19,000 | $256,000 | $128,000 | $83,000 | $87,000 |
| Pretax income | -$134.0M | -$91.7M | -$113.0M | -$189.1M | -$153.0M |
| Income tax expense | $46,000 | -$1.3M | $379,000 | $1.3M | $147,000 |
| Net income | -$134.1M | -$90.4M | -$113.4M | -$190.4M | -$153.2M |
| Balance Sheet | |||||
| Cash and equivalents | $89.2M | $214.8M | $257.2M | $331.6M | $472.0M |
| Current assets | $129.7M | $234.5M | $276.1M | $346.1M | $506.7M |
| Total assets | $788.1M | $856.8M | $856.6M | $908.9M | $762.6M |
| Current liabilities | $118.7M | $115.8M | $91.6M | $72.5M | $47.5M |
| Total liabilities | $432.0M | $410.6M | $374.0M | $367.7M | $109.5M |
| Stockholders' equity | $356.1M | $446.1M | $482.6M | $541.2M | $653.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$12.7M | $43.4M | $26.5M | -$43.2M | -$64.5M |
| Depreciation and amortization | $71.5M | $67.3M | $59.5M | $46.5M | $35.5M |
| Stock-based compensation | $36.5M | $39.0M | $49.5M | $78.7M | $28.9M |
| Capital expenditure | $106.5M | $84.5M | $89.7M | $96.9M | $84.5M |
| Free cash flow | -$119.2M | -$41.1M | -$63.2M | -$140.1M | -$149.0M |
| Impairments | $12.1M | $2.2M | $624,000 | $2.5M | $4.9M |
Shares outstanding 118.8M · Free float 71.3%
Annual filing data through FY ended December 28, 2025; float as of July 13, 2026.