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Sweetgreen (SG) Cost of Revenue (2021 - 2025)

Sweetgreen's Cost of Revenue history spans 5 years, with the latest figure at $139.0 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 4.54% year-over-year to $139.0 million; the TTM value through Dec 2025 reached $575.9 million, up 5.9%, while the annual FY2025 figure was $575.9 million, 5.9% up from the prior year.
  • Cost of Revenue for Q4 2025 was $139.0 million at Sweetgreen, down from $149.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $150.5 million in Q2 2025 and bottomed at $59.3 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $122.9 million (2023), against an average of $115.1 million.
  • The largest annual shift saw Cost of Revenue surged 50.45% in 2022 before it rose 3.67% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $84.1 million in 2021, then increased by 25.75% to $105.7 million in 2022, then rose by 21.28% to $128.2 million in 2023, then increased by 3.67% to $133.0 million in 2024, then increased by 4.54% to $139.0 million in 2025.
  • Per Business Quant, the three most recent readings for SG's Cost of Revenue are $139.0 million (Q4 2025), $149.9 million (Q3 2025), and $150.5 million (Q2 2025).