← Sweetgreen, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $220.6m |
$339.9m
+54.06%
|
$470.1m
+38.32%
|
$584.0m
+24.24%
|
$676.8m
+15.89%
|
$679.5m
+0.39%
|
$681.8m
+0.34%
|
|
| Cost of Revenue | $229.3m |
$299.5m
+30.59%
|
$400.8m
+33.84%
|
$482.1m
+20.28%
|
$543.9m
+12.81%
|
$575.9m
+5.90%
|
$601.7m
+4.47%
|
|
| Gross Profit | ($8.7m) |
$40.4m
+564.32%
|
$69.3m
+71.48%
|
$101.9m
+47.10%
|
$132.9m
+30.44%
|
$103.5m
-22.13%
|
$80.1m
-22.63%
|
|
| General and administrative | $99.1m | $125.0m | $187.4m | $146.8m | $149.9m | $143.4m | $129.5m | |
| Restructuring charges | $0 | $0 | $14.4m | $7.4m | $2.3m | $3.6m | — | |
| Total restaurant operating costs | $229.3m | $299.5m | $400.8m | $482.1m | $543.9m | $575.9m | — | |
| Total operating expenses | $132.9m | $174.8m | $262.6m | $224.3m | $228.7m | $242.8m | $203.4m | |
| Loss from operations | ($141.6m) |
($134.4m)
+5.08%
|
($193.3m)
-43.85%
|
($122.3m)
+36.72%
|
($95.7m)
+21.77%
|
($139.3m)
-45.57%
|
— | |
| Interest expense | $404k | $87k | $83k | $128k | $256k | $19k | $104k | |
| Interest income | ($1.0m) | ($450k) | ($5.1m) | ($12.9m) | ($10.9m) | ($6.5m) | $5.5m | |
| Other expense | $245k | $19.0m | $819k | $3.5m | $6.7m | $1.2m | — | |
| Net loss before income taxes | ($141.2m) | ($153.0m) | ($189.1m) | ($113.0m) | ($91.7m) | ($134.0m) | — | |
| Income tax expense (benefit) | $0 | $147k | $1.3m | $379k | ($1.3m) | $46k | $1.7m | |
| Net loss | ($141.2m) | ($153.2m) | ($190.4m) | ($113.4m) | ($90.4m) | ($134.1m) | — | |
| Net loss per share basic (in dollars per share) | ($9) | ($6) | ($2) | ($1) | ($1) | ($1) | — | |
| Net loss per share diluted (in dollars per share) | ($9) | ($6) | ($2) | ($1) | ($1) | ($1) | — | |
| Weighted average shares used in computing net loss per share basic (in shares) | ($9) | ($6) | ($2) | ($1) | ($1) | ($1) | — | |
| Weighted average shares used in computing net loss per share diluted (in shares) | ($9) | ($6) | ($2) | ($1) | ($1) | ($1) | — | |
| Depreciation and amortization | $26.9m | $35.5m | $46.5m | $59.5m | $67.3m | $71.5m | $73.8m | |
| Pre-opening costs | $4.6m | $9.2m | $11.5m | $9.3m | $6.6m | $10.8m | — | |
| Impairment and closure costs | $1.5m | $4.9m | $2.5m | $624k | $2.2m | $12.1m | — | |
| Loss on disposal of property and equipment | $891k | $107k | $278k | $687k | $255k | $1.4m | — |