Sweetgreen (SG) Operating Margin (2021 - 2025)
Sweetgreen's Operating Margin history spans 5 years, with the latest figure at 30.98% for Q4 2025.
- For Q4 2025, Operating Margin fell 1145.0% year-over-year to 30.98%; the TTM value through Dec 2025 reached 20.5%, down 636.0%, while the annual FY2025 figure was 20.5%, 636.0% down from the prior year.
- Operating Margin for Q4 2025 was 30.98% at Sweetgreen, down from 21.04% in the prior quarter.
- Across five years, Operating Margin topped out at 8.77% in Q2 2024 and bottomed at 49.55% in Q4 2021.
- The 5-year median for Operating Margin is 24.54% (2021), against an average of 27.79%.
- The largest annual shift saw Operating Margin surged 2541bps in 2023 before it plummeted -1145bps in 2025.
- A 5-year view of Operating Margin shows it stood at 49.55% in 2021, then rose by 11bps to 44.08% in 2022, then skyrocketed by 57bps to 19.14% in 2023, then fell by -2bps to 19.53% in 2024, then tumbled by -59bps to 30.98% in 2025.
- Per Business Quant, the three most recent readings for SG's Operating Margin are 30.98% (Q4 2025), 21.04% (Q3 2025), and 14.24% (Q2 2025).