SG Q1 2023 Earnings — Sweetgreen, Inc. Revenue & Financial Results | Market Cap Arena

SGSweetgreen, Inc.

$703M

Q1 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$125M+21.9% YoY

Gross Profit

$17M13.5% margin

Operating Income

-$35M-28.2% margin

Net Income

-$34M-26.9% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$36M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$896M

Total Liabilities

$373M

Stockholders' Equity

$523M

Cash & Equivalents

$297M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$103M	+21.9%
Gross Profit	$17M	$13M	+26.5%
Operating Income	-$35M	-$50M	+29.4%
Net Income	-$34M	-$50M	+32.2%

Revenue Segments

Gift Card

$325,000100%