--- title: "Sweetgreen Inc. Financial Metrics Guide" description: "Sweetgreen Inc. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/sweetgreen-inc/financial-metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Sweetgreen Inc. Financial Metrics Guide ## Direct Answer > Sweetgreen Inc. reported revenue of $679 million for the fiscal year ended December 28, 2025, with an operating margin of -20.5% and net income of -$134 million, according to its SEC filings. Revenue grew 0.4% from the prior year. ## What Are Sweetgreen Inc.'s Key Financial Figures? | Fiscal year | FY2025ended December 28, 2025 | FY2024ended December 29, 2024 | FY2023ended December 31, 2023 | FY2022ended December 25, 2022 | | --- | --- | --- | --- | --- | | Revenue | $679 million | $677 million | $584 million | $470 million | | Operating income | -$139 million | -$96 million | -$122 million | -$193 million | | Operating margin | -20.5% | -14.1% | -20.9% | -41.1% | | Net income | -$134 million | -$90 million | -$113 million | -$190 million | | Net margin | -19.7% | -13.4% | -19.4% | -40.5% | | Operating cash flow | -$13 million | $43 million | $26 million | -$43 million | | Capital expenditures | $106 million | $84 million | $90 million | $97 million | | Free cash flow | -$119 million | -$41 million | -$63 million | -$140 million | Operating margin narrowed by 6.4 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was -$119 million against net income of -$134 million; cash generation covered reported earnings. ![Bar chart of Sweetgreen Inc. revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $679 million, operating income negative $139 million and net income negative $134 million.](https://www.getswoopr.com/images/charts/sweetgreen-inc-metrics-revenue-profit.webp) *Sweetgreen Inc. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Sweetgreen Inc. operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was -20.5% and net margin was -19.7%.](https://www.getswoopr.com/images/charts/sweetgreen-inc-metrics-margins.webp) *Sweetgreen Inc. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Sweetgreen Inc. operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was negative $13 million, capital expenditures was $106 million, free cash flow was negative $119 million.](https://www.getswoopr.com/images/charts/sweetgreen-inc-metrics-cash-flow.webp) *Sweetgreen Inc. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Sweetgreen Inc.'s Balance Sheet Show? | Cash and cash equivalents | $89 million | | --- | --- | | Long-term debt | Not reported | | Total assets | $788 million | | Total liabilities | $432 million | | Shareholders' equity | $356 million | | Current ratio | 1.1x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Sweetgreen Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-012520 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Sweetgreen Inc.'s revenue in fiscal 2025? Sweetgreen Inc. reported revenue of $679 million for the fiscal year ended December 28, 2025, according to its SEC filings. ### What is Sweetgreen Inc.'s operating margin? Sweetgreen Inc.'s operating margin was -20.5% in fiscal 2025: operating income of -$139 million on revenue of $679 million. ### How much free cash flow did Sweetgreen Inc. generate? Operating cash flow of -$13 million less capital expenditures of $106 million gives free cash flow of -$119 million for fiscal 2025. ## References - [SEC EDGAR: Sweetgreen, Inc. Form 10-K filed February 27, 2026](https://www.sec.gov/Archives/edgar/data/1477815/000162828026012520/sg-20251228.htm) - [SEC EDGAR: Sweetgreen, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1477815&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Sweetgreen Inc. company dossier](https://www.getswoopr.com/stocks/companies/sweetgreen-inc/) - [Sweetgreen Inc. financial metrics](https://www.getswoopr.com/stocks/companies/sweetgreen-inc/financial-metrics/) - [Sweetgreen Inc. financial risk indicators](https://www.getswoopr.com/stocks/companies/sweetgreen-inc/risks-monitoring/) - [Sweetgreen Inc. business model and revenue mix](https://www.getswoopr.com/stocks/companies/sweetgreen-inc/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) Swoopr's editorial team produces independent investment education content. 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