What is Sweetgreen's deferred rent credit?

Sweetgreen (SG) reported deferred rent credit of $903K in Q1 2026.

How has Sweetgreen's deferred rent credit changed year-over-year?

Sweetgreen's deferred rent credit decreased by 14.6% year-over-year, from $1.06M to $903K.

What is the long-term trend for Sweetgreen's deferred rent credit?

Over 4 years (2021 to 2025), Sweetgreen's deferred rent credit has grown at a -59.5% compound annual growth rate (CAGR), from $38.4M to $1.04M.

Sweetgreen SG Deferred Rent Credit

Deferred Rent Credit at other companies

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Other financials

Income statement

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Revenue$161.5M-2.9%

Gross profit$16.2M-45.4%

Operating income-$34.3M-20.4%

Net income$125.8M+602%

EPS (diluted)$1.05+600%

Balance sheet

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Cash & equivalents$161.0M-13.7%

Total debt$356.1M+8.1%

Total equity$488.9M+13.0%

Total assets$912.7M+9.4%

Cash flow

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Operating cash flow-$17.2M-30.7%

CapEx$12.4M-25.9%

Free cash flow-$29.6M+1.0%

Valuation

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Market cap$1.06B-26.3%

Enterprise value$1.26B-20.6%

P/E63.4×—

P/S1.6×-0.5×

Profitability

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Gross margin13.3%-6.2pp

Operating margin-21.5%+22.8pp

Net margin2.5%+1.4pp

FCF margin-17.6%+929pp

Returns & leverage

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Return on equity3.6%+2.0pp

Debt / equity0.7×0.0×

Current ratio1.6×-0.4×

Where this comes from

Reported directly by Sweetgreen in its filing.

Tagged under the XBRL concept us-gaap:AccruedRentCurrent.

The official record: Sweetgreen’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sweetgreen's deferred rent credit?: Sweetgreen (SG) reported deferred rent credit of $903K in Q1 2026.
How has Sweetgreen's deferred rent credit changed year-over-year?: Sweetgreen's deferred rent credit decreased by 14.6% year-over-year, from $1.06M to $903K.
What is the long-term trend for Sweetgreen's deferred rent credit?: Over 4 years (2021 to 2025), Sweetgreen's deferred rent credit has grown at a -59.5% compound annual growth rate (CAGR), from $38.4M to $1.04M.