Sweetgreen, Inc.
Sweetgreen, Inc. (SG) Financial Performance & Income Statement Overview
Explore the financials of Sweetgreen, Inc. (SG), including yearly and quarterly data on income, cash flow, and balance sheets.
Sweetgreen, Inc. (SG) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Sweetgreen, Inc. SG financial performance.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $166.30M | $160.90M | $173.43M | $184.64M |
Cost of Revenue | $136.62M | $132.95M | $138.49M | $159.86M |
Gross Profit | $29.69M | $27.95M | $34.94M | $24.78M |
Gross Profit Ratio | $0.18 | $0.17 | $0.20 | $0.13 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $300000.00 |
SG&A Expenses | $38.34M | $37.10M | $36.78M | $39.20M |
Operating Expenses | $58.22M | $59.38M | $56.12M | $39.20M |
Total Costs & Expenses | $194.84M | $192.33M | $194.61M | $199.06M |
Interest Income | $1.90M | $2.25M | $2.75M | $2.92M |
Interest Expense | $0.00 | $14000.00 | $26000.00 | $197000.00 |
Depreciation & Amortization | $17.11M | $17.28M | $16.91M | $17.19M |
EBITDA | -$7.84M | -$13.31M | -$3.79M | $2.56M |
EBITDA Ratio | -$0.05 | -$0.08 | -$0.02 | $0.01 |
Operating Income | -$28.54M | -$31.43M | -$21.18M | -$14.42M |
Operating Income Ratio | -$0.17 | -$0.20 | -$0.12 | -$0.08 |
Other Income/Expenses (Net) | $3.59M | $829000.00 | $449000.00 | $50000.00 |
Income Before Tax | -$24.95M | -$30.60M | -$20.73M | -$14.37M |
Income Before Tax Ratio | -$0.15 | -$0.19 | -$0.12 | -$0.08 |
Income Tax Expense | $90000.00 | -$1.57M | $90000.00 | $90000.00 |
Net Income | -$25.04M | -$29.03M | -$20.82M | -$14.46M |
Net Income Ratio | -$0.15 | -$0.18 | -$0.12 | -$0.08 |
EPS | -$0.21 | -$0.25 | -$0.18 | -$0.13 |
Diluted EPS | -$0.21 | -$0.25 | -$0.18 | -$0.13 |
Weighted Avg Shares Outstanding | $117.31M | $116.06M | $114.75M | $113.58M |
Weighted Avg Shares Outstanding (Diluted) | $117.31M | $116.06M | $114.75M | $113.58M |
The company's financials show resilient growth, with revenue advancing from $184.64M in Q2 2024 to $166.30M in Q1 2025. Gross profit remained healthy with margins at 18% in Q1 2025 compared to 13% in Q2 2024. Operating income hit -$28.54M last quarter, sustaining a consistent -17% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$7.84M. Net income rose to -$25.04M, while earnings per share reached -$0.21. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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