Sweetgreen (SG) Operating Expenses (2021 - 2026)
Sweetgreen (SG) posted Operating Expenses of $50.5 million for Q1 2026, down 21.38% sequentially from $64.3 million in Q4 2025, and down 13.19% YoY from $58.2 million in Q1 2025.
Sweetgreen (SG) Operating Expenses (2021 - 2026) Analysis & Trends
Sweetgreen has reported Operating Expenses for 6 years, with the latest figure at $50.5 million in Q1 2026.
- Quarterly Operating Expenses fell 13.19% year-over-year to $50.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $235.2 million (up 1.62% YoY) and the FY2025 annual result came in at $242.8 million, up 6.21% from the prior year.
- Operating Expenses fell to $50.5 million in Q1 2026 per SG's latest filing, from $64.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $72.9 million in Q3 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 96.7% in 2022, then decreased 23.69% in 2023.
- Over 5 years, Operating Expenses stood at $60.5 million in 2022, then dropped by 10.68% to $54.1 million in 2023, then increased by 9.82% to $59.4 million in 2024, then increased by 8.26% to $64.3 million in 2025, then decreased 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 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 2.82 Bn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 2.79 Bn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 1.54 Bn |
| 10 | Sweetgreen | 747.53 Mn | 604.90 Mn | 25.18 Mn | 52.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 52.59 Mn |
| 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 |