Sweetgreen, Inc.

For the period ended Dec 28, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

SG$13.24-0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets as of and

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share amounts)

	December 28,2025	December 29,2024
ASSETS
Current assets:
Cash and cash equivalents	$89,177	$214,789
Accounts receivable	5,166	5,034
Inventory	2,384	1,987
Prepaid expenses	6,381	7,844
Current portion of lease acquisition costs	93	93
Assets held for sale	25,427	—
Other current assets	1,029	4,790
Total current assets	129,657	234,537
Operating lease assets	284,263	257,496
Property and equipment, net	326,903	296,485
Goodwill	27,793	35,970
Intangible assets, net	10,424	24,040
Security deposits	1,316	1,419
Lease acquisition costs, net	241	333
Restricted cash	4,166	2,640
Other assets	3,341	3,838
Total assets	$788,104	$856,758
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of operating lease liabilities	$41,590	$41,773
Accounts payable	19,885	18,698
Accrued expenses	33,739	26,564
Accrued payroll	8,143	14,716
Gift cards and loyalty liability	7,177	4,413
Liabilities held for sale	1,085	—
Other current liabilities	7,033	9,663
Total current liabilities	118,652	115,827
Operating lease liabilities, net of current portion	312,904	288,941
Contingent consideration liability	—	5,311
Other non-current liabilities	149	173
Deferred income tax liabilities	274	361
Total liabilities	431,979	410,613
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 2,000,000,000 Class A shares authorized, 106,554,859 and 105,200,553 Class A shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively; 300,000,000 Class B shares authorized and 11,893,558 and 11,915,758 Class B shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively.	118	117
Additional paid-in capital	1,365,430	1,321,386
Accumulated deficit	(1,009,423)	(875,358)
Total stockholders’ equity	356,125	446,145
Total liabilities and stockholders’ equity	$788,104	$856,758

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.