Growth Metrics

Sweetgreen (SG) Operating Margin (2021 - 2025)

Historic Operating Margin for Sweetgreen (SG) over the last 5 years, with Q3 2025 value amounting to 21.04%.

  • Sweetgreen's Operating Margin fell 88300.0% to 21.04% in Q3 2025 from the same period last year, while for Sep 2025 it was 17.9%, marking a year-over-year decrease of 39200.0%. This contributed to the annual value of 14.14% for FY2024, which is 68100.0% up from last year.
  • Per Sweetgreen's latest filing, its Operating Margin stood at 21.04% for Q3 2025, which was down 88300.0% from 14.24% recorded in Q2 2025.
  • In the past 5 years, Sweetgreen's Operating Margin ranged from a high of 8.77% in Q2 2024 and a low of 49.55% during Q4 2021
  • Its 5-year average for Operating Margin is 27.09%, with a median of 20.76% in 2023.
  • Per our database at Business Quant, Sweetgreen's Operating Margin skyrocketed by 254100bps in 2023 and then tumbled by -88300bps in 2025.
  • Quarter analysis of 5 years shows Sweetgreen's Operating Margin stood at 49.55% in 2021, then increased by 19bps to 40.24% in 2022, then surged by 52bps to 19.14% in 2023, then decreased by -2bps to 19.53% in 2024, then fell by -8bps to 21.04% in 2025.
  • Its Operating Margin was 21.04% in Q3 2025, compared to 14.24% in Q2 2025 and 17.16% in Q1 2025.