Saturday 17 October 2026
Export SG’s income statement to Excel — free account
Sweetgreen, Inc.
SG Consumer Cyclical Restaurants
Sweetgreen, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $679.5 million, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 3.81%, EPS fell 10.0% and free cash flow grew 19.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
10.04
0.56
−5.28%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 24.33 | 8.10 | 6.10 | 9.66 | 5.14 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 56.20 | 40.10 | 16.58 | 45.12 | 35.95 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 4,877 | 5,952 | 6,186 | 6,407 | 6,486 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.07 | 0.08 | 0.09 | 0.11 | 0.10 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 274 | 221 | 340 | 470 | 584 | 677 | 679 | ||||
| Gross margin, % | — | — | — | 16.04 | (3.94) | 11.89 | 14.74 | 17.45 | 19.64 | 15.24 | |||||
| EBT | — | — | — | (68) | (141) | (153) | (189) | (113) | (92) | (134) | |||||
| EBT margin, % | — | — | — | (24.77) | (64.01) | (45.02) | (40.22) | (19.35) | (13.54) | (19.72) | |||||
| Net income | — | 0 | — | (68) | (141) | (153) | (190) | (113) | (90) | (134) | |||||
| Depreciation | — | — | — | 20 | 27 | 36 | 47 | 61 | 68 | 73 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 18.18 | 13.74 | 12.23 | 4.27 | 5.22 | 5.92 | 5.76 | ||||
| Earnings | — | — | — | (4.50) | (8.80) | (5.51) | (1.73) | (1.01) | (0.79) | (1.14) | |||||
| Cash flow | — | — | — | (2.47) | (5.63) | (2.32) | (0.39) | 0.24 | 0.38 | (0.11) | |||||
| Capex | — | — | — | (2.96) | (3.54) | (3.34) | (0.93) | (0.86) | (0.81) | (0.97) | |||||
| Free cash flow | — | — | — | (5.43) | (9.17) | (5.66) | (1.32) | (0.62) | (0.43) | (1.08) | |||||
| Book value | — | — | — | 22.04 | 12.35 | 23.51 | 4.91 | 4.31 | 3.90 | 3.02 | |||||
| Shares, m | — | — | — | 15 | 16 | 28 | 110 | 112 | 114 | 118 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 3.16 | 3.16 | 5.45 | 2.03 | 2.12 | 5.42 | 1.17 | |||||
| P/B | — | — | — | 0.00 | 0.00 | 2.84 | 1.76 | 2.57 | 8.22 | 2.24 | |||||
| EV/Sales | — | — | — | 2.70 | 2.70 | 4.06 | 1.32 | 1.68 | 5.10 | 1.04 | |||||
| EV/FCF | — | — | — | (3.44) | (3.44) | (8.78) | (4.27) | (14.16) | (70.69) | (5.58) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (37) | (90) | (65) | (43) | 26 | 43 | (13) | ||||
| Capex | — | — | — | (45) | (57) | (93) | (102) | (96) | (92) | (114) | |||||
| Free cash flow | — | — | — | (82) | (147) | (157) | (145) | (69) | (49) | (127) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 229 | 80 | 459 | 274 | 185 | 119 | 11 | ||||
| Total debt | — | — | — | — | — | — | 301 | — | — | — | |||||
| Net debt | — | — | — | (249) | (103) | (472) | (332) | (257) | (215) | (89) | |||||
| Shareholders’ equity | — | — | — | 332 | 198 | 653 | 541 | 483 | 446 | 356 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (35.15) | (43.31) | (29.79) | (22.79) | (12.84) | (10.55) | (16.30) | ||||
| ROIC | — | — | — | (52.65) | (92.53) | (46.37) | (57.65) | (33.93) | (25.85) | (32.62) | |||||
| ROE | — | — | — | 28.27 | 58.78 | (88.60) | (31.89) | (22.15) | (19.46) | (33.42) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Sweetgreen, Inc. vs peers in Restaurants (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ARCO Arcos Dorados Holdings Inc. | $1.7B | 6.5× | 10.7× | +14.30% (above 0%: growing) | +100.00% (above 0%: growing) | +254.29% (above 0%: growing) | 11.81% | 5.56% | Compare |
| CHA Chagee Holdings Limited - Sponsored ADR | $1.6B | 12.2× | 8.9× | +8.20% (above 0%: growing) | +620.00% (above 0%: growing) | +49.31% (above 0%: growing) | 53.99% | 15.37% | Compare |
| CBRL Cracker Barrel Old Country Store, Inc. | $1.5B | 48.2× | 84.6× | −2.15% (below 0%: shrinking) | +83.33% (above 0%: growing) | +191.55% (above 0%: growing) | 71.25% | 1.55% | Compare |
| BH Biglari Holdings Inc. | $1.3B | — (loss-making) | 24.0× | +7.86% (above 0%: growing) | −18.71% (below 0%: shrinking) | −66.30% (below 0%: shrinking) | 41.26% | 12.17% | Compare |
| BJRI BJ's Restaurants, Inc. | $1.3B | 30.6× | 20.0× | +6.37% (above 0%: growing) | −11.00% (below 0%: shrinking) | −84.81% (below 0%: shrinking) | 74.52% | 4.74% | Compare |
| WEN The Wendy's Company | $1.3B | 10.2× | 11.6× | +1.72% (above 0%: growing) | −41.38% (below 0%: shrinking) | +152.25% (above 0%: growing) | 59.72% | 13.90% | Compare |
| SG Sweetgreen, Inc. | $1.3B | 91.3× | — (loss-making) | +3.81% (above 0%: growing) | n/m | +19.78% (above 0%: growing) | 13.07% | (14.23%) | |
| BLMN Bloomin' Brands, Inc. | $850.2M | 31.1× | 8.6× | +1.34% (above 0%: growing) | +23.33% (above 0%: growing) | +321.24% (above 0%: growing) | 39.06% | 3.77% | Compare |
| FWRG First Watch Restaurant Group, Inc. | $762.8M | 40.4× | 67.6× | +15.20% (above 0%: growing) | +33.33% (above 0%: growing) | −580.44% (below 0%: shrinking) | 20.43% | 2.29% | Compare |
| Median of peers | $1.3B | 30.6× | 15.8× | +7.12% | +28.33% | +100.78% | 47.63% | 5.15% |
Sweetgreen, Inc. (SG) key facts
- Concern: Sweetgreen, Inc. reported a net loss of $134.1 million, or a loss of $1.14 per share, for fiscal 2025.
- Sweetgreen, Inc. (SG) is a Restaurants company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- Sweetgreen, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $679.5 million, roughly unchanged from fiscal 2024.
- As of October 16, 2026, SG traded at $10.04, a market capitalization of $1.3 billion.
- At that price the stock trades at 91.3× trailing-twelve-month earnings and 1.8× sales.
- Return on equity was −33.4% and debt-to-equity 0.00.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −0.39 (distress zone) for fiscal 2025.