Growth Metrics

Sweetgreen (SG) Operating Expenses (2021 - 2026)

Sweetgreen recorded quarterly Operating Expenses of $50.5 million in Q1 2026, down 21.38% quarter-over-quarter from $64.3 million in Q4 2025, and down 13.19% year-over-year from $58.2 million in Q1 2025.

Sweetgreen's Operating Expenses history runs 6 years deep, the most recent figure standing at $50.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 13.19% year-over-year to $50.5 million; the TTM figure through Mar 2026 stood at $235.2 million (up 1.62% YoY), while the FY2025 annual figure was $242.8 million, up 6.21% from the prior year.
  • Operating Expenses came in at $50.5 million for Q1 2026 at Sweetgreen, down from $64.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $72.9 million in Q3 2022 to a low of $50.5 million in Q1 2026.
  • A 5-year average of $59.3 million and a median of $58.8 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 96.7% in 2022 and retreated 23.69% in 2023, its largest moves.
  • Sweetgreen's Operating Expenses stood at $60.5 million in 2022, then slipped by 10.68% to $54.1 million in 2023, then grew by 9.82% to $59.4 million in 2024, then grew by 8.26% to $64.3 million in 2025, then retreated by 21.38% to $50.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $50.5 million, $64.3 million, and $58.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 8.75 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 1.42 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 2.69 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 2.82 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 111.41 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 272.18 Mn
10 Sweetgreen 1.15 Bn 989.50 Mn 16.20 Mn 50.55 Mn

Historic Data

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DateValue
Mar 29, 2026 50.55 Mn
Dec 28, 2025 64.29 Mn
Sep 28, 2025 58.79 Mn
Jun 29, 2025 61.55 Mn
Mar 30, 2025 58.22 Mn
Dec 29, 2024 59.38 Mn
Sep 29, 2024 56.12 Mn
Jun 30, 2024 57.70 Mn
Mar 31, 2024 55.45 Mn
Dec 31, 2023 54.07 Mn
Sep 24, 2023 55.60 Mn
Jun 25, 2023 62.34 Mn
Mar 26, 2023 52.26 Mn
Dec 25, 2022 60.53 Mn
Sep 25, 2022 72.86 Mn
Jun 26, 2022 65.82 Mn
Mar 27, 2022 63.41 Mn
Dec 26, 2021 60.12 Mn
Sep 26, 2021 45.45 Mn
Jun 27, 2021 37.00 Mn
Mar 28, 2021 32.24 Mn