Sweetgreen (SG) Gross Margin (2021 - 2026)

Sweetgreen (SG) posted Gross Margin of 10.03% for Q1 2026, down 3.94% sequentially from 10.44% in Q4 2025, and down 782.0% YoY from 1.47% in Q1 2025.

Sweetgreen (SG) Gross Margin (2021 - 2026) Analysis & Trends

Sweetgreen has reported Gross Margin for 6 years, with the latest figure at 10.03% in Q1 2026.

Quarterly Gross Margin fell 782.0% year-over-year to 10.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.35% (down 622.0% YoY) and the FY2025 annual result came in at 15.24%, down 441.0% from the prior year.
Gross Margin slipped to 10.03% in Q1 2026 per SG's latest filing, from 10.44% in the prior quarter.
Over five years, Gross Margin peaked at 22.49% in Q2 2024 and troughed at 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.
The sharpest annual moves came in 2022 and 2026: Gross Margin surged 963 bps in 2022, then sank 782 bps in 2026.
Over 5 years, Gross Margin stood at 10.81% in 2022, then jumped by 50 bps to 16.19% in 2023, then advanced by 7 bps to 17.37% in 2024, then tumbled by 40 bps to 10.44% in 2025, then dropped 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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Mcdonalds	193.05 Bn	192.23 Bn	6.42 Bn	90.42%
2	Starbucks	122.77 Bn	119.16 Bn	6.49 Bn	69.66%
3	Chipotle Mexican Grill	42.40 Bn	41.73 Bn	2.35 Bn	70.33%
4	Yum Brands	40.42 Bn	39.75 Bn	1.47 Bn	67.73%
5	Restaurant Brands International	27.11 Bn	27.59 Bn	1.89 Bn	74.80%
6	Darden Restaurants	25.70 Bn	25.48 Bn	3.68 Bn	98.84%
7	Restaurant Brands International Limited Partnership	17.24 Bn	16.18 Bn	1.89 Bn	74.80%
8	Yum China Holdings	16.42 Bn	15.74 Bn	2.22 Bn	70.75%
9	Texas Roadhouse	13.58 Bn	13.40 Bn	1.44 Bn	85.89%
10	Sweetgreen	747.53 Mn	604.90 Mn	25.18 Mn	13.07%

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