Sweetgreen Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021	Dec '20 Dec 27, 2020
Revenue	685.18	676.83	584.04	470.11	339.87	220.62
Revenue Growth (YoY)	2.43%	15.89%	24.24%	38.32%	54.06%	-19.53%
Cost of Revenue	566.61	540.58	479.02	398.12	297.67	226.92
Gross Profit	118.58	136.25	105.02	71.99	42.21	-6.3
Selling, General & Admin	143.93	153.24	149.39	189.42	128.11	103.34
Operating Expenses	223.98	227.2	218.14	247.42	169.75	132.94
Operating Income	-105.4	-90.96	-113.12	-175.43	-127.55	-139.25
Interest Expense	-0.03	-0.26	-0.13	-0.08	-0.09	-0.4
Interest & Investment Income	7.38	10.94	12.94	5.14	0.45	1.02
Other Non Operating Income (Expenses)	-0.02	-0.03	-	-	-14.96	-0.25
EBT Excluding Unusual Items	-98.06	-80.3	-100.31	-170.37	-142.14	-138.88
Merger & Restructuring Charges	-3.94	-2.28	-7.91	-15.09	-1.83	-
Gain (Loss) on Sale of Assets	-1.3	-0.26	-0.69	-0.28	-0.11	-0.89
Asset Writedown	-11.82	-2.22	-0.62	-2.54	-4.92	-1.46
Other Unusual Items	0.66	-6.62	-3.48	-0.82	-4.04	-
Pretax Income	-114.67	-91.67	-113.01	-189.1	-153.03	-141.22
Income Tax Expense	-1.3	-1.3	0.38	1.35	0.15	-
Net Income	-113.37	-90.37	-113.38	-190.44	-153.18	-141.22
Net Income to Common	-113.37	-90.37	-113.38	-190.44	-153.18	-141.22
Shares Outstanding (Basic)	117	114	112	110	28	16
Shares Outstanding (Diluted)	117	114	112	110	28	16
Shares Change (YoY)	3.45%	2.16%	1.62%	296.39%	73.08%	6.44%
EPS (Basic)	-0.97	-0.79	-1.01	-1.73	-5.51	-8.80
EPS (Diluted)	-0.97	-0.79	-1.01	-1.73	-5.51	-8.80
Free Cash Flow	-100.79	-41.07	-63.19	-140.06	-149.04	-138.5
Free Cash Flow Per Share	-0.86	-0.36	-0.56	-1.27	-5.37	-8.63
Gross Margin	17.31%	20.13%	17.98%	15.31%	12.42%	-2.86%
Operating Margin	-15.38%	-13.44%	-19.37%	-37.32%	-37.53%	-63.12%
Profit Margin	-16.55%	-13.35%	-19.41%	-40.51%	-45.07%	-64.01%
Free Cash Flow Margin	-14.71%	-6.07%	-10.82%	-29.79%	-43.85%	-62.78%
EBITDA	-45.62	-34.61	-63.63	-136.66	-98.4	-115.6
EBITDA Margin	-6.66%	-5.11%	-10.90%	-29.07%	-28.95%	-52.40%
D&A For EBITDA	59.78	56.35	49.49	38.77	29.15	23.65
EBIT	-105.4	-90.96	-113.12	-175.43	-127.55	-139.25
EBIT Margin	-15.38%	-13.44%	-19.37%	-37.32%	-37.53%	-63.12%

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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