tradmap

SG Financials Sweetgreen, Inc.

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 25.2% per year over the past 5 years.
  • Operating margin has expanded, at -20.5% in the latest year.

Financial health

  • Operating income covered interest expense -7332.5× in the latest year, down from -350.5× 5 years ago.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$190M $245M $679M $0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-64% -32% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$149M -$75M $0 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $236M $472M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$114M $209M $532M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $679M -$134M 0.0% -20.5% -$119M $89M
2024 $677M -$90M 0.0% -14.1% -$41M $215M
2023 $584M -$113M 0.0% -20.9% -$63M $257M
2022 $470M -$190M 0.0% -41.1% -$140M $332M
2021 $340M -$153M 0.0% -39.5% -$149M $472M
2020 $221M -$141M 0.0% -64.2% -$138M

Valuation over time

How the market has priced SG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 4.2 8.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is SG growing its revenue and profit?

Over the past 5 years, Sweetgreen, Inc.'s revenue has grown 25.2% per year. These are computed facts, not advice.

How much debt does SG have?

As of FY2025, Sweetgreen, Inc. reported — of total debt against $89M of cash; operating income covered interest expense -7332.5×.

What is SG's profit margin?

In FY2025, gross margin was —, operating margin -20.5%, and net margin -19.7%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.