Sweetgreen (SG) Gross Margin (2021 - 2026)

Sweetgreen's Gross Margin history runs 6 years deep, the most recent figure standing at 10.03% for Q1 2026.

• In Q1 2026, Gross Margin fell 782.0% year-over-year to 10.03%; the TTM figure through Mar 2026 stood at 13.35% (down 622.0% YoY), while the FY2025 annual figure was 15.24%, down 441.0% from the prior year.
• Gross Margin came in at 10.03% for Q1 2026 at Sweetgreen, down from 10.44% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 22.49% in Q2 2024 to a low of 10.03% in Q1 2026.
• A 5-year average of 16.23% and a median of 17.37% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin jumped 963 bps in 2022 and plunged 782 bps in 2026, its largest moves.
• Sweetgreen's Gross Margin stood at 10.81% in 2022, then soared by 50 bps to 16.19% in 2023, then gained by 7 bps to 17.37% in 2024, then slumped by 40 bps to 10.44% in 2025, then slipped by 4 bps to 10.03% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 10.03%, 10.44%, and 13.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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