Sweetgreen, Inc.
For the period ended Sep 27, 2026. Filed Nov 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2026 · Filed Nov 6, 2026
SG$13.24-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| Thirty-nine weeks ended | ||
|---|---|---|
| September 27,2026 | September 28,2025 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $68,791 | $(84,343) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Depreciation and amortization | 55,957 | 53,406 |
| Amortization of lease acquisition | 70 | 69 |
| Amortization of cloud computing arrangements | 884 | 752 |
| Non-cash operating lease cost | 28,068 | 26,098 |
| Loss on disposal of property and equipment | 976 | 1,226 |
| Stock-based compensation | 14,145 | 24,032 |
| Non-cash impairment and closure costs | 3,199 | 9,754 |
| Non-cash restructuring charges | 684 | 636 |
| Deferred income tax expense | 363 | 270 |
| Change in fair value of contingent consideration liability | — | (2,066) |
| Gain on disposal of business | (161,161) | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (182) | (1,771) |
| Inventory | (624) | (448) |
| Prepaid expenses and other current assets | (3,702) | 1,873 |
| Operating lease liabilities | (30,943) | (32,175) |
| Accounts payable | (5,784) | 943 |
| Accrued payroll and benefits | 1,527 | (6,518) |
| Accrued expenses and other current liabilities | 4,646 | 3,074 |
| Gift card and loyalty liability | 171 | 3,451 |
| Contingent consideration liability | (5,396) | (2,290) |
| Other non-current liabilities | (146) | (15) |
| Net cash used in operating activities | (28,457) | (4,042) |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (33,755) | (76,149) |
| Purchase of intangible assets | (5,257) | (5,955) |
| Security and landlord deposits | 34 | 71 |
| Proceeds from disposal of business | 100,000 | — |
| Net cash provided by (used in) investing activities | 61,022 | (82,033) |
| Cash flows from financing activities: | ||
| Proceeds from stock option exercise | 122 | 3,014 |
| Payment associated to shares repurchased for tax withholding | (4) | (261) |
| Net cash provided by financing activities | 118 | 2,753 |
| Net change in cash and cash equivalents and restricted cash | 32,683 | (83,322) |
| Cash and cash equivalents and restricted cash—beginning of year | 93,343 | 217,429 |
| Cash and cash equivalents and restricted cash—end of period | $126,026 | $134,107 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $100 | $11 |
| Non-cash investing and financing activities | ||
| Purchase of property and equipment accrued in accounts payable and accrued expenses | $6,950 | $12,819 |
| Series C Preferred Stock of Wonder Group, Inc. as partial consideration for the Spyce sale | $86,429 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.