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
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 |
| Mar 28, 2021 | 32.24 Mn |