Sweetgreen (SG) Gross Margin (2021 - 2026)
Sweetgreen (SG) posted Gross Margin of 13.07% for Q2 2026, down 5.86 percentage points from 18.93% a year earlier but up 3.04 percentage points from the prior quarter.
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Analysis
Sweetgreen (SG) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Gross Margin at Sweetgreen was 11.75%, down 6.86 percentage points year-over-year; for FY2025, it came in at 15.24%, down 4.41 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +19.18 percentage points (FY2020 to FY2025).
- In prior years, Sweetgreen's Gross Margin was 19.64% in FY2024 (+2.19 pp), 17.45% in FY2023 (+2.71 pp), 14.74% in FY2022 (+2.85 pp) and 11.89% in FY2021 (+15.83 pp).
- Quarterly Gross Margin has run from a low of 10.03% in Q1 2026 to a high of 22.49% in Q2 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last six quarters, with an average year-over-year change of -3.64 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 9.63 percentage points; the weakest was Q1 2026, with a drop of 7.82 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 10.03% (Q1 2026), 10.44% (Q4 2025) and 13.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | - |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | - |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | 54.64% |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | -3.06% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 54.64% |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | 17.11% |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | - |
| 10 | Sweetgreen | 1.06 Bn | 539.63 Mn | 25.18 Mn | 13.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 13.07% |
| 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% |
API Access
Sweetgreen Gross Margin 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=gross-margin&ticker=SG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=SG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();