NASDAQ$SG
SweetGreen · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Sweetgreen reported Q4 2025 revenue of $155.2M with a net loss of $(49.7)M and a (32.0)% net loss margin.
Q4 2025 total revenue was $155.2 million (-3.5% YoY) with same-store sales down 11.5% on traffic declines partially offset by menu pricing. Net loss was $(49.7) million with net loss margin of (32.0)% versus $(29.0) million and (18.0)% a year ago. 45 net new restaurants opened since prior-year quarter contributed incremental revenue.
- Revenue $155.2M (-3.5% YoY).
- Net loss $(49.7)M; margin (32.0)%.
- Same-store sales -11.5% on traffic pressure.
- SG Rewards transition created near-term headwinds.
Headline financials
Revenue & EPS history
Sweetgreen · Revenue · Quarterly
$155M
Forward guidance
Sweet Growth Transformation focuses on traffic recovery, loyalty engagement, and unit economics.
Tailwinds
- New unit growth continues.
- Loyalty relaunch positions longer-term engagement.
Headwinds
- Traffic and comp declines.
- Elevated G&A from stock comp modifications.
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 Q4 2025
+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
| Quarter | Report date | Reaction (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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