Sweetgreen (SG) Net Margin (2021 - 2026)
Sweetgreen's Net Margin came in at -13.64% for Q2 2026, down 1.16 percentage points from -12.48% a year earlier and down 91.53 percentage points from the prior quarter.
Sweetgreen (SG) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Sweetgreen reported Net Margin of 2.01%, up 16.29 percentage points year-over-year; for FY2025, it was -19.73%, down 6.38 percentage points from FY2024.
- Net Margin carries a five-year change of +44.28 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -13.35% in FY2024 (+6.06 pp), -19.41% in FY2023 (+21.10 pp), -40.51% in FY2022 (+4.56 pp) and -45.07% in FY2021 (+18.95 pp).
- The five-year range for quarterly Net Margin is -68.63% (Q4 2021) to 77.89% (Q1 2026).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of +8.73 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2026 (a gain of 92.95 percentage points), and the weakest in Q4 2025 (a drop of 14.00 percentage points).
- Business Quant data shows SG's Net Margin at 77.89% (Q1 2026), -32.04% (Q4 2025) and -20.97% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 11.21% |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 12.05% |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 20.12% |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 26.39% |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 7.78% |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 7.26% |
| 10 | Sweetgreen | 1.04 Bn | 521.78 Mn | 25.18 Mn | -13.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -13.64% |
| Mar 29, 2026 | 77.89% |
| Dec 28, 2025 | -32.04% |
| Sep 28, 2025 | -20.97% |
| Jun 29, 2025 | -12.48% |
| Mar 30, 2025 | -15.06% |
| Dec 29, 2024 | -18.04% |
| Sep 29, 2024 | -12.00% |
| Jun 30, 2024 | -7.83% |
| Mar 31, 2024 | -16.51% |
| Dec 31, 2023 | -17.91% |
| Sep 24, 2023 | -16.33% |
| Jun 25, 2023 | -17.87% |
| Mar 26, 2023 | -26.91% |
| Dec 25, 2022 | -41.54% |
| Sep 25, 2022 | -41.14% |
| Jun 26, 2022 | -32.42% |
| Mar 27, 2022 | -48.40% |
| Dec 26, 2021 | -68.63% |
| Sep 26, 2021 | -31.37% |
Sweetgreen Net 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=net-margin&ticker=SG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();