Sweetgreen (SG) Operating Expenses (2021 - 2026)

Sweetgreen's (SG) quarterly Operating Expenses came in at $50.5 million in Q1 2026, down 13.19% year-on-year from $58.2 million in Q1 2025, and down 21.38% quarter-over-quarter from $64.3 million in Q4 2025.

Sweetgreen (SG) Operating Expenses (2021 - 2026) Analysis & Trends

Sweetgreen has disclosed Operating Expenses across 6 years of filings, most recently posting $50.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $50.5 million, down 13.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $235.2 million (up 1.62% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $58.8 million (2025), against an average of $59.3 million.
  • Across the five-year window, Operating Expenses surged 96.7% in 2022 and fell 23.69% in 2023, its largest moves.
  • Sweetgreen's Operating Expenses stood at $60.5 million in 2022, then decreased by 10.68% to $54.1 million in 2023, then climbed by 9.82% to $59.4 million in 2024, then climbed by 8.26% to $64.3 million in 2025, then fell by 21.38% to $50.5 million in 2026.
  • The last three Operating Expenses figures came in at $50.5 million (Q1 2026), $64.3 million (Q4 2025), and $58.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 8.75 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 2.69 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 1.42 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 2.82 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 111.41 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 272.18 Mn
10 Sweetgreen 1.07 Bn 908.81 Mn 16.20 Mn 50.55 Mn

Historic Data

Download Data
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