NASDAQ$SG

SweetGreen · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Sweetgreen reported Q1 2026 revenue of $161.5M (-3% YoY) as same-store sales and unit growth evolved.

For the quarter ended March 29, 2026, Sweetgreen reported revenue of $161.5 million versus $166.3 million a year ago from company-operated restaurants and loyalty. The fast-casual salad chain continues investing in throughput, menu innovation, and new unit openings while managing food and labor inflation.

  • Revenue $161.5M (-3% YoY).
  • Company-operated restaurant model.
  • Same-store sales and new unit openings drive growth.
  • Food and labor costs affect restaurant-level margin.

Headline financials

Total Revenue

$162M

Previous: $166M-2.9%
EPS (adj)

$1.05

Previous: -$0.21+600.0%
Capital Expenditures

-$12.4M

Previous: -$16.7M+25.9%
Net Income

$126M

Previous: -$25M+602.5%
Operating Income

-$34.3M

Previous: -$28.5M-20.4%

Revenue & EPS history

Sweetgreen · Revenue · Quarterly

$162M

Q1 2026-2.9%vs Q1 2025
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

Sweetgreen discusses comp trends and unit economics on earnings calls.

Tailwinds

  • Brand strength in premium fast-casual.
  • Digital ordering and loyalty engagement.

Headwinds

  • Negative comp pressure in quarter.
  • Expansion capex and operating losses at new units.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.5%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-0.7%

Avg return

30 days after

43%

9 / 21 earnings

Positive

+35.7%

Q1 2024

Best reaction

-22.2%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-5.4%+7.7%
Q4 2025-9.8%-9.9%-23.5%
Q3 2025-7.4%-14.1%+7.0%
Q1 2025-16.0%-14.0%-22.7%
Q4 2024+0.0%-7.2%+10.3%
Q3 2024-4.7%-9.0%+1.0%
Q2 2024+35.6%+33.5%+7.9%
Q1 2024+35.7%+37.5%+39.0%
Q4 2023+31.9%+43.8%+103.7%
Q3 2023-6.8%-5.6%-4.6%
Q2 2023-14.1%-12.0%-15.3%
Q1 2023+16.7%+16.4%+27.5%
Q4 2020-1.6%-10.6%-33.4%
Q4 2022-1.6%-10.6%-33.4%
Q3 2021-12.4%-15.7%-39.0%
Q3 2022-20.2%-13.4%-36.3%
Q2 2021+8.0%+20.4%+20.1%
Q2 2022+3.5%+12.6%+10.6%
Q1 2021-22.2%-32.3%-33.8%
Q1 2022-15.5%-27.2%-38.6%
Q4 2021+11.2%+24.2%+31.8%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018

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