The financials
Sweetgreen, Inc. by the numbers
Sweetgreen, Inc. (SG) reported revenue of $162M in Q1 2026 (quarter ended Mar 29, 2026), down 2.9% from the same quarter a year earlier. That came with a gross margin of 10% and net income of $126M (78% of revenue). For the full year FY2025, revenue was $679M (+0.4% year on year) and net income −$134M. Its largest product in Jun 2026 was Owned Digital Channels at $75M, 39% of the disclosed total, just ahead of In Store Channel at 34%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $162M | $166M | −2.9% |
| Gross profit | $16M | $30M | −45% |
| Operating income | −$34M | −$29M | n/a |
| Net income | $126M | −$25M | to a profit |
| Diluted EPS | $1.05 | −$0.21 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Owned Digital Channels | $75M | 39% |
| In Store Channel | $65M | 34% |
| Marketplace Channel | $53M | 27% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $192.7M (+19%)
Owned Digital Channels grew +21% year on yearIn Store Channel -11% year on year
Segment Latestquarter on quarteryear on year
- Owned Digital Channels$74.8M$74.8MQoQ +19%year on year +21%+19%+21%
- In Store Channel$64.9M$64.9MQoQ +23%year on year -11%+23%-11%
- Marketplace Channel$52.9M$52.9MQoQ +16%year on year +4.3%+16%+4.3%