Sweetgreen, Inc.
SG · Retail-Eating Places · 96.1M shares · +91%/yr ↑ dilution · EDGAR filings ↗
Reference price $7.99 · est. market cap ~$768M — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48Growth-stalled fast-casual chain still posting sizeable losses and cash burn despite a recognizable brand.
Strengths
- Net loss narrowed ~48% year over year; current ratio 1.09 and ~3 quarters runway
- Recognizable healthy-eating brand with Infinite Kitchen automation optionality
Risks
- Negative margins (operating -20.5%, net -19.7%) and ROE -37.6% (16.3rd pct)
- Revenue growth only 0.4% with same-store-sales decline; FCF -$119M (2.3rd pct)
Notable findings
- No interest coverageInterest coverage -7332.53 (cannot cover interest)
- Net lossNet loss (net margin -19.7%)
- Cash burnNegative free cash flow (-119.2M)
- Chronic dilutionShare count +91%/yr over 3y (dilution, book value/share -91%)
- Insider buyingInsider buying — 31 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$3M, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 2 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-20.5%
Net margin
-19.7%
Return on equity
-37.6%
Return on assets
-17.0%
Revenue growth (QoQ)
4.1%
Interest coverage
-7332.5×
Current ratio
1.1×
Free cash flow
-$119M
EBITDA
-$68M
Tangible book value
$318M
Cash & investments
$89M
Cash runway
3q
Stock comp / revenue
5.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | SINGER BRADLEY E | Grant | 24K | — |
| 2026-06-11 | Ru Nathaniel | Grant | 24K | — |
| 2026-06-11 | Blumenthal Neil Harris | Grant | 24K | — |
| 2026-06-11 | OSTROFF DAWN | Grant | 24K | — |
| 2026-06-11 | Bornstein Julie | Grant | 24K | — |
| 2026-06-11 | BURROWS CLIFFORD | Grant | 24K | — |
| 2026-06-11 | Moran Montgomery F | Grant | 24K | — |
| 2026-05-18 | Cochran Jason Miles | Sell | 15K | $7.99 |
| 2026-05-18 | McConnell Jamie | Sell | 1.4K | $8.00 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 901 | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 901 | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 721 | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 600 | $5.65 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 375 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 366 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 341 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 300 | $5.67 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 295 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 290 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 566K | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 272 | $5.65 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 260 | $5.63 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 221 | $5.65 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 201 | $5.67 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 200 | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 200 | $5.67 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 196 | $5.61 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 188 | $5.61 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 166 | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 160 | $5.70 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 288 | $5.72 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 11K | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 2.1K | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 1.6K | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 1.5K | $5.65 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 1.5K | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 1.2K | $5.66 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 1.0K | $5.69 |
| 2026-04-07 | GOLDMAN SACHS GROUP INC | Buy | 951 | $5.66 |
| 2026-03-15 | Cochran Jason Miles | Grant | 77K | — |
| 2026-03-15 | McConnell Jamie | Grant | 77K | — |
| 2026-03-15 | Jammet Nicolas | Grant | 54K | — |
| 2026-03-05 | Jammet Nicolas | Buy | 4.4K | $5.71 |
| 2025-11-12 | Neman Jonathan | Buy | 180K | $5.56 |
| 2025-11-12 | Jammet Nicolas | Buy | 9.1K | $5.45 |
| 2025-11-12 | Jammet Nicolas | Buy | 9.0K | $5.57 |
| 2025-10-15 | McConnell Jamie | Grant | 150K | — |
| 2025-09-15 | Cochran Jason Miles | Grant | 50K | — |
| 2025-09-05 | Reback Mitch | Gift | 26K | — |
| 2025-09-05 | Reback Mitch | Gift | 26K | — |
| 2025-09-05 | Reback Mitch | Gift | 26K | — |
| 2025-09-05 | Reback Mitch | Gift | 26K | — |
| 2025-09-05 | Reback Mitch | Gift | 44K | — |
| 2025-09-05 | Reback Mitch | Gift | 44K | — |
| 2025-09-05 | Reback Mitch | Gift | 44K | — |
| 2025-09-05 | Reback Mitch | Gift | 44K | — |
| 2025-08-18 | Reback Mitch | Sell | 12K | $9.19 |
| 2025-06-12 | OSTROFF DAWN | Grant | 14K | — |
| 2025-06-12 | Moran Montgomery F | Grant | 14K | — |
| 2025-06-12 | Bornstein Julie | Grant | 14K | — |
| 2025-06-12 | Blumenthal Neil Harris | Grant | 14K | — |
| 2025-06-12 | SINGER BRADLEY E | Grant | 14K | — |
| 2025-06-12 | BURROWS CLIFFORD | Grant | 14K | — |
| 2025-05-23 | BURROWS CLIFFORD | Buy | 19K | $13.11 |
| 2025-05-16 | Reback Mitch | Sell | 10K | $15.23 |
| 2025-05-15 | Cochran Jason Miles | Grant | 100K | — |
| 2025-04-15 | Reback Mitch | Option exercise | 4.0K | $4.78 |
| 2025-04-15 | Reback Mitch | Sell | 4.0K | $21.07 |
| 2025-03-17 | Jammet Nicolas | Sell | 2.1K | $23.80 |
| 2025-03-17 | Ru Nathaniel | Sell | 2.1K | $23.80 |
| 2025-03-17 | Williams Rossann | Sell | 5.0K | $23.80 |
| 2025-03-17 | Neman Jonathan | Sell | 5.7K | $23.80 |
| 2025-03-17 | Reback Mitch | Sell | 4.1K | $23.80 |
| 2025-03-17 | Reback Mitch | Option exercise | 4.0K | $4.78 |
| 2025-03-17 | Reback Mitch | Sell | 4.0K | $23.88 |
| 2025-03-15 | Neman Jonathan | Grant | 15K | — |
| 2025-03-15 | Williams Rossann | Grant | 9.7K | — |
| 2025-03-15 | Ru Nathaniel | Grant | 5.3K | — |
| 2025-03-15 | Reback Mitch | Grant | 10K | — |
| 2025-03-15 | Jammet Nicolas | Grant | 5.3K | — |
| 2025-03-10 | Neman Jonathan | Conversion | 7.4K | — |
| 2025-03-10 | Neman Jonathan | Sell | 7.4K | $25.05 |
| 2025-03-10 | Jammet Nicolas | Conversion | 7.4K | — |
| 2025-03-10 | Jammet Nicolas | Sell | 7.4K | $25.05 |
| 2025-03-10 | Ru Nathaniel | Conversion | 7.4K | — |
| 2025-03-10 | Ru Nathaniel | Sell | 7.4K | $25.05 |
| 2025-02-19 | Williams Rossann | Tax withheld | 9.2K | $27.18 |
| 2025-02-18 | Reback Mitch | Option exercise | 4.0K | $4.78 |
| 2025-02-18 | Reback Mitch | Sell | 3.6K | $25.00 |
| 2025-02-18 | Reback Mitch | Sell | 200 | $25.73 |
| 2025-02-18 | Reback Mitch | Sell | 6.9K | $27.18 |
| 2025-02-18 | Reback Mitch | Sell | 200 | $26.96 |
| 2025-01-15 | Reback Mitch | Sell | 6.4K | $32.92 |
| 2025-01-15 | Reback Mitch | Option exercise | 8.0K | $4.78 |
| 2025-01-15 | Reback Mitch | Sell | 1.6K | $33.99 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Shareholder vote | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2026-01-05 | Acquisition/dispositionReg FDExhibits | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-09-04 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-08-07 | ResultsExhibits | filing ↗ |
| 2025-06-18 | Shareholder vote | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-11 | 0001628280-26-043310 ↗ |
| 10-Q | 2026-05-08 | 2026-03-29 | 0001628280-26-032481 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001628280-26-032197 ↗ |
| 10-K | 2026-02-27 | 2025-12-28 | 0001628280-26-012520 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001628280-26-012331 ↗ |
| 8-K | 2026-01-05 | 2025-12-29 | 0001628280-26-000636 ↗ |
| 10-Q | 2025-11-07 | 2025-09-28 | 0001628280-25-050385 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001628280-25-050204 ↗ |
| 8-K | 2025-09-04 | 2025-09-04 | 0001477815-25-000013 ↗ |
| 10-Q | 2025-08-08 | 2025-06-29 | 0001628280-25-039058 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001628280-25-038952 ↗ |
| 8-K | 2025-06-18 | 2025-06-12 | 0001628280-25-031972 ↗ |