Sweetgreen profit margin SG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 2.0%
- Operating margin, 12 months
- −21.4%
- Net margin on a year earlier
- +16.3 pts
- Peer median
- 2.0%
Over the twelve months to Jun 28, 2026, Sweetgreen kept 2.0% of its revenue as net profit, with an operating margin of −21.4% and a gross margin of 11.7%.
The median for 10 restaurant stocks of a similar size is 2.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −19.7% | −20.5% | 15.2% |
| FY2024 | −13.4% | −14.1% | 19.6% |
| FY2023 | −19.4% | −20.9% | 17.5% |
| FY2022 | −40.5% | −41.1% | 14.7% |
| FY2021 | −45.1% | −39.5% | 11.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.0% | +16.3 pts | −21.4% | |
| Q1 FY26 | 2.5% | +15.5 pts | −21.5% | |
| Q4 FY25 | −19.7% | −6.4 pts | −20.5% | |
| Q3 FY25 | −16.5% | −3.3 pts | −17.9% | |
| Q2 FY25 | −14.3% | +0.0 pts | −15.7% | |
| Q1 FY25 | −13.0% | +4.1 pts | −14.2% | |
| Q4 FY24 | −13.4% | +6.1 pts | −14.1% | |
| Q3 FY24 | −13.3% | +11.3 pts | −14.0% | |
| Q2 FY24 | −14.3% | +16.7 pts | −15.2% | |
| Q1 FY24 | −17.2% | +18.3 pts | −18.5% | |
| Q4 FY23 | −19.4% | +21.1 pts | −20.9% | |
| Q3 FY23 | −24.6% | +21.7 pts | −25.6% |
Against its peers
Companies in Restaurants nearest Sweetgreen's size, closest first, today.
| Company | Profit margin |
|---|---|
| SGSweetgreen | 2.0% |
| WENWendy's | 5.7% |
| BJRIBJs RESTAURANTS INC | 2.9% |
| CBRLCracker Barrel Old Country Store | 1.0% |
| BLMNBloomin' Brands | 0.7% |
| FWRGFirst Watch Restaurant | 1.4% |
| PZZAPapa Johns International | 1.4% |
| BRCBBlack Rock Coffee Bar | 0.7% |
| SHAKShake Shack | 2.6% |
| LOCOEl Pollo Loco | 7.0% |
| WINGWingstop | 16.2% |
| Peer median | 2.0% |
Where Sweetgreen ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Sweetgreen
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.