Growth Metrics

Sweetgreen (SG) Net Margin (2021 - 2025)

Sweetgreen (SG) has disclosed Net Margin for 5 consecutive years, with 32.02% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 1398.0% to 32.02% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.73% through Dec 2025, down 638.0% year-over-year, with the annual reading at 19.73% for FY2025, 638.0% down from the prior year.
  • Net Margin hit 32.02% in Q4 2025 for Sweetgreen, down from 20.97% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 7.83% in Q2 2024 to a low of 68.63% in Q4 2021.
  • Historically, Net Margin has averaged 27.88% across 5 years, with a median of 23.94% in 2023.
  • Biggest five-year swings in Net Margin: surged 2713bps in 2022 and later tumbled -1398bps in 2025.
  • Year by year, Net Margin stood at 68.63% in 2021, then soared by 40bps to 41.51% in 2022, then skyrocketed by 57bps to 17.91% in 2023, then fell by -1bps to 18.04% in 2024, then plummeted by -77bps to 32.02% in 2025.
  • Business Quant data shows Net Margin for SG at 32.02% in Q4 2025, 20.97% in Q3 2025, and 12.48% in Q2 2025.