Sweetgreen (SG) Gross Margin (2021 - 2026)
Sweetgreen (SG) reported Gross Margin of 10.03% for Q1 2026, down 782.0% on a YoY basis from 1.47% in Q1 2025, and down 3.94% sequentially from 10.44% in Q4 2025.
Sweetgreen (SG) Gross Margin (2021 - 2026) Analysis & Trends
Sweetgreen (SG) has 6 years of Gross Margin data on file, last reported at 10.03% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 782.0% year-over-year to 10.03%; the trailing twelve-month figure through Mar 2026 stood at 13.35% (down 622.0% YoY), and the FY2025 full-year result was 15.24%, down 441.0% from the prior year.
- Gross Margin slipped to 10.03% in Q1 2026, 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 soared 963 bps in 2022 and tumbled 782 bps in 2026, its largest moves.
- Tracing SG's Gross Margin over 5 years: stood at 10.81% in 2022, then jumped by 50 bps to 16.19% in 2023, then increased by 7 bps to 17.37% in 2024, then plunged by 40 bps to 10.44% in 2025, then retreated by 4 bps to 10.03% in 2026.
- Business Quant data shows SG's Gross Margin at 10.03% in Q1 2026, 10.44% in Q4 2025, and 13.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 66.34% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 84.44% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 67.12% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 98.84% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 70.56% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 40.04% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 23.14% |
| 10 | Sweetgreen | 715.55 Mn | 558.75 Mn | 16.20 Mn | 10.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 10.03% |
| Dec 28, 2025 | 10.44% |
| Sep 28, 2025 | 13.06% |
| Jun 29, 2025 | 18.93% |
| Mar 30, 2025 | 17.85% |
| Dec 29, 2024 | 17.37% |
| Sep 29, 2024 | 20.15% |
| Jun 30, 2024 | 22.49% |
| Mar 31, 2024 | 18.08% |
| Dec 31, 2023 | 16.19% |
| Sep 24, 2023 | 18.98% |
| Jun 25, 2023 | 20.38% |
| Mar 26, 2023 | 13.54% |
| Dec 25, 2022 | 10.81% |
| Sep 25, 2022 | 16.07% |
| Jun 26, 2022 | 18.53% |
| Mar 27, 2022 | 13.05% |
| Dec 26, 2021 | 12.80% |
| Sep 26, 2021 | 13.70% |
| Jun 27, 2021 | 14.89% |