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Sweetgreen SG Occupancy and related expenses — Total restaurant operating costs

Other product segments

Labor and related expenses
$50.76M+5.6%
Food, beverage, and packaging
$46.85M+6.5%
Other restaurant operating costs
$29.94M+3.7%

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BJRIOccupancy And Operating Costs
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QSRRestaurant occupancy expense and other — Total
$122M+8.0%
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MCDOccupancy and other operating expenses
$589.5M-1.0%
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CAVAOccupancy and equipment
$29.86M+22.3%
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ORKAOccupancy and Related Charges
$200K+100%
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BROSOccupancy & other costs — Cost of Sales
$76.79M+42.4%

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-26.8%
Enterprise value$1.25B-21.1%
P/E63×
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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 occupancy and related expenses — total restaurant operating costs?
Sweetgreen (SG) reported occupancy and related expenses — total restaurant operating costs of $17.77M in Q1 2026.
How has Sweetgreen's occupancy and related expenses — total restaurant operating costs changed year-over-year?
Sweetgreen's occupancy and related expenses — total restaurant operating costs increased by 13.4% year-over-year, from $15.67M to $17.77M.
What is the long-term trend for Sweetgreen's occupancy and related expenses — total restaurant operating costs?
Over 4 years (2021 to 2025), Sweetgreen's occupancy and related expenses — total restaurant operating costs has grown at a 16.2% compound annual growth rate (CAGR), from $35.92M to $65.42M.
What does occupancy and related expenses — total restaurant operating costs mean?
This metric represents the aggregate costs associated with leasing, maintaining, and operating physical restaurant locations, including base rent, common area maintenance, and property taxes. It serves as a key indicator of the fixed cost burden required to support the company's physical footprint and retail expansion strategy. Monitoring this expense helps investors evaluate the efficiency of real estate utilization and the impact of lease obligations on overall restaurant-level profitability.