Sweetgreen (SG) Cost of Revenue (2021 - 2026)
Sweetgreen (SG) reported Cost of Revenue of $167.49 million for Q2 2026, up 11.3% from $150.46 million a year earlier and up 15.3% from the prior quarter.
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Analysis
Sweetgreen (SG) Cost of Revenue (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Sweetgreen's Cost of Revenue came in at $601.67 million, up 7.7% year-over-year; for FY2025, it was $575.94 million, up 5.9% from FY2024.
- Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 20.2% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $543.88 million in FY2024 (+12.8%), $482.12 million in FY2023 (+20.3%), $400.82 million in FY2022 (+33.8%) and $299.47 million in FY2021 (+30.6%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q1 2021.
- Year over year, Cost of Revenue has now increased in each of the last 18 quarters, with growth averaging 7.0% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 3.7% (Q4 2024) and 50.4% (Q1 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $145.32 million (Q1 2026), $138.99 million (Q4 2025) and $149.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 164.13 Bn | 158.95 Bn | 6.42 Bn | 680.00 Mn |
| 2 | Starbucks | 107.97 Bn | 95.60 Bn | - | - |
| 3 | Chipotle Mexican Grill | 41.04 Bn | 37.02 Bn | - | - |
| 4 | Yum Brands | 37.16 Bn | 34.04 Bn | 1.47 Bn | 700.00 Mn |
| 5 | Restaurant Brands International | 24.42 Bn | 21.52 Bn | 1.38 Bn | 1.14 Bn |
| 6 | Darden Restaurants | 22.67 Bn | 21.77 Bn | 1.68 Bn | 1.52 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 1.14 Bn |
| 8 | Yum China Holdings | 13.79 Bn | 8.16 Bn | 537.00 Mn | 2.60 Bn |
| 9 | Texas Roadhouse | 10.24 Bn | 9.60 Bn | - | - |
| 10 | Sweetgreen | 1.08 Bn | 564.63 Mn | 25.18 Mn | 167.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 167.49 Mn |
| Mar 29, 2026 | 145.32 Mn |
| Dec 28, 2025 | 138.99 Mn |
| Sep 28, 2025 | 149.88 Mn |
| Jun 29, 2025 | 150.46 Mn |
| Mar 30, 2025 | 136.62 Mn |
| Dec 29, 2024 | 132.95 Mn |
| Sep 29, 2024 | 138.49 Mn |
| Jun 30, 2024 | 143.12 Mn |
| Mar 31, 2024 | 129.31 Mn |
| Dec 31, 2023 | 128.25 Mn |
| Sep 24, 2023 | 124.32 Mn |
| Jun 25, 2023 | 121.44 Mn |
| Mar 26, 2023 | 108.13 Mn |
| Dec 25, 2022 | 105.75 Mn |
| Sep 25, 2022 | 104.10 Mn |
| Jun 26, 2022 | 101.78 Mn |
| Mar 27, 2022 | 89.20 Mn |
| Dec 26, 2021 | 84.08 Mn |
| Sep 26, 2021 | 82.71 Mn |
API Access
Sweetgreen Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();