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Sweetgreen SG Lease acquisition costs, net

Lease acquisition costs, net at other companies

Vornado Realty logo
Vornado RealtyVNO
$382.12M-0.9%
COPT Defense Properties logo
COPT Defense PropertiesCDP
$76.43M+6.9%
SBA Communications logo
SBA CommunicationsSBAC
$10M+13.6%
Urban Edge Properties logo
Urban Edge PropertiesUE
$31.19M+9.0%
BFS
Saul CentersBFS
$25.84M-1.1%
Piedmont Office Realty Trust logo
Piedmont Office Realty TrustPDM
$308.17M+19.7%

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 sg:LeaseAcquisitionCostsNoncurrent.

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 lease acquisition costs, net?
Sweetgreen (SG) reported lease acquisition costs, net of $218K in Q1 2026.
How has Sweetgreen's lease acquisition costs, net changed year-over-year?
Sweetgreen's lease acquisition costs, net decreased by 29.7% year-over-year, from $310K to $218K.
What is the long-term trend for Sweetgreen's lease acquisition costs, net?
Over 4 years (2021 to 2025), Sweetgreen's lease acquisition costs, net has grown at a -51.6% compound annual growth rate (CAGR), from $4.39M to $241K.
What does lease acquisition costs, net mean?
This represents the long-term portion of capitalized costs associated with securing lease agreements for restaurant locations, net of accumulated amortization. These costs are recognized as assets and expensed over the life of the lease to match the benefit derived from the location. It reflects the company's long-term investment in its physical footprint and real estate strategy.