Sweetgreen (SG) Operating Expenses (2021 - 2026)
Sweetgreen (SG) reported Operating Expenses of $50.5 million for Q1 2026, down 13.19% on a YoY basis from $58.2 million in Q1 2025, and down 21.38% sequentially from $64.3 million in Q4 2025.
Sweetgreen (SG) Operating Expenses (2021 - 2026) Analysis & Trends
Sweetgreen (SG) has 6 years of Operating Expenses data on file, last reported at $50.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 13.19% year-over-year to $50.5 million; the trailing twelve-month figure through Mar 2026 stood at $235.2 million (up 1.62% YoY), and the FY2025 full-year result was $242.8 million, up 6.21% from the prior year.
- Operating Expenses fell to $50.5 million in Q1 2026, 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 surged 96.7% in 2022 and fell 23.69% in 2023, its largest moves.
- Tracing SG's Operating Expenses over 5 years: stood at $60.5 million in 2022, then retreated by 10.68% to $54.1 million in 2023, then advanced by 9.82% to $59.4 million in 2024, then advanced by 8.26% to $64.3 million in 2025, then declined by 21.38% to $50.5 million in 2026.
- Business Quant data shows SG's Operating Expenses at $50.5 million in Q1 2026, $64.3 million in Q4 2025, and $58.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 8.75 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 2.69 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 1.42 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 1.66 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 3.20 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 2.82 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 1.49 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 115.37 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 430.11 Mn |
| 10 | Sweetgreen | 715.55 Mn | 558.75 Mn | 16.20 Mn | 50.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |