← Sweetgreen, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $472.0m | $331.6m | $257.2m | $214.8m | $89.2m | |
| Accounts receivable | $2.6m | $3.2m | $3.5m | $5.0m | $5.2m | |
| Inventory | $903k | $1.4m | $2.1m | $2.0m | $2.4m | |
| Prepaid expenses | $13.8m | $8.2m | $5.8m | $7.8m | $6.4m | |
| Other current assets | $155k | $1.7m | $7.5m | $4.8m | $1.0m | |
| Total current assets | $506.7m | $346.1m | $276.1m | $234.5m | $129.7m | |
| Property and equipment, net | $180.7m | $235.3m | $266.9m | $296.5m | $326.9m | |
| Goodwill | $36.0m | $36.0m | $36.0m | $36.0m | $27.8m | |
| Intangible assets, net | $32.9m | $30.6m | $27.4m | $24.0m | $10.4m | |
| Other assets | $0 | $4.8m | $4.2m | $3.8m | $3.3m | |
| Current portion of lease acquisition costs | $525k | $93k | $93k | $93k | $93k | |
| Asset, Held-for-Sale, Not Part of Disposal Group, Current | — | — | — | $0 | $25.4m | |
| Operating lease assets | $0 | $254.1m | $244.0m | $257.5m | $284.3m | |
| Security deposits | $1.8m | $1.5m | $1.4m | $1.4m | $1.3m | |
| Lease acquisition costs, net | $4.4m | $518k | $426k | $333k | $241k | |
| Restricted cash | $328k | $125k | $125k | $2.6m | $4.2m | |
| Current portion of operating lease liabilities | $0 | $29.6m | $31.4m | $41.8m | $41.6m | |
| Gift cards and loyalty liability | $1.8m | $2.0m | $2.8m | $4.4m | $7.2m | |
| Liabilities held for sale | — | — | — | $0 | $1.1m | |
| Other current liabilities | — | $0 | $6.0m | $9.7m | $7.0m | |
| Operating lease liabilities, net of current portion | $0 | $271.1m | $271.4m | $288.9m | $312.9m | |
| Contingent consideration liability | $20.5m | $21.3m | $8.3m | $5.3m | $0 | |
| Other non-current liabilities | $500k | $1.4m | $819k | $173k | $149k | |
| Additional paid-in capital | $1.1b | $1.2b | $1.3b | $1.3b | $1.4b | |
| Total stockholders’ equity | $653.1m | $541.2m | $482.6m | $446.1m | $356.1m | |
| Total assets | $762.6m | $908.9m | $856.6m | $856.8m | $788.1m | |
| Total liabilities and stockholders’ equity | $762.6m | $908.9m | $856.6m | $856.8m | $788.1m | |
| Accounts payable | $11.2m | $12.2m | $17.4m | $18.7m | $19.9m | |
| Accrued expenses | $16.3m | $22.1m | $20.8m | $26.6m | $33.7m | |
| Accrued payroll | $12.1m | $6.6m | $13.1m | $14.7m | $8.1m | |
| Total current liabilities | $47.5m | $72.5m | $91.6m | $115.8m | $118.7m | |
| Deferred income tax liabilities | $125k | $1.4m | $1.8m | $361k | $274k | |
| Total liabilities | $109.5m | $367.7m | $374.0m | $410.6m | $432.0m | |
| Common stock, $0.001 par value, 2,000,000,000 Class A shares authorized, 106,554,859 and 105,200,553 Class A shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively; 300,000,000 Class B shares authorized and 11,893,558 and 11,915,758 Class B shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively. | 109k | 111k | 113k | 117k | 118k | |
| Accumulated deficit | ($476.2m) | ($671.6m) | ($785.0m) | ($875.4m) | ($1.0b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.