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Sweetgreen SG Deferred Revenue

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Other financials

Income statement

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Revenue$192.7M+3.8%
Gross profit$25.2M-28.3%
Operating income-$27.4M-3.7%
Net income-$26.3M-13.4%
EPS (diluted)-$0.22-10.0%

Balance sheet

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Cash & equivalents$148.8M-13.8%
Total debt$355.4M+4.9%
Total equity$467.6M+10.5%
Total assets$895.7M+7.7%

Cash flow

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Operating cash flow-$442.0K
CapEx$10.1M-57.1%
Free cash flow-$10.6M+19.6%

Valuation

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Market cap$648.78M-42.7%
Enterprise value$855.38M-34.1%
P/E47.5×
P/S-0.7×

Profitability

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Gross margin11.7%-6.9pp
Operating margin-21.4%+12.4pp
Net margin2%+1.1pp
FCF margin-17.1%+23.9pp

Returns & leverage

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Return on equity3.1%+1.6pp
Debt / equity0.8×0.0×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Sweetgreen in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Sweetgreen’s 10-Q, filed August 7, 2026.

Filed
Aug 6, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054522
Line itemJune 28,2026December 28,2025
Accounts payable14,10319,885
Accrued expenses38,92033,739
Accrued payroll11,3748,143
Gift cards and loyalty liability7,5857,177
Liabilities held for sale1,085
Other current liabilities297,033
Total current liabilities114,335118,652
Operating lease liabilities, net of current portion313,071312,904

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Sweetgreen's deferred revenue?
Sweetgreen (SG) reported deferred revenue of $7.59M in Q2 2026.
How has Sweetgreen's deferred revenue changed year-over-year?
Sweetgreen's deferred revenue increased by 20.9% year-over-year, from $6.27M to $7.59M.
What is the long-term trend for Sweetgreen's deferred revenue?
Over 4 years (2021 to 2025), Sweetgreen's deferred revenue has grown at a 40.6% compound annual growth rate (CAGR), from $1.84M to $7.18M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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