Sweetgreen
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 221m | 340m | 470m | 584m | 680m | 789m | 940m |
% growth | (20 %) | 54 % | 38 % | 24 % | 16 % | 16 % | 19 % |
EBITDA | (112m) | (112m) | (125m) | (44.6m) | 18.5m | 37.0m | 63.1m |
% EBITDA margin | (51 %) | (33 %) | (27 %) | (8 %) | 3 % | 5 % | 7 % |
Profit | (141m) | (153m) | (190m) | (113m) | (81.8m) | (56.3m) | (46.5m) |
% profit margin | (64 %) | (45 %) | (41 %) | (19 %) | (12 %) | (7 %) | (5 %) |
EV / revenue | - | 8.7x | 1.3x | 1.7x | 5.0x | 4.4x | 3.8x |
EV / EBITDA | - | -26.3x | -4.9x | -22.7x | 184.2x | 94.0x | 55.8x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$840k | Seed | ||
$2.2m | Early VC | ||
$3.2m | Early VC | ||
$6.9m | Early VC | ||
$22.0m | Late VC | ||
$18.5m | Series E | ||
$35.0m | Series F | ||
N/A | N/A | Series G | |
N/A | Series G | ||
* | $200m Valuation: $1.0b | Series H | |
$150m Valuation: $1.6b | SERIES I | ||
* | N/A | $364m Valuation: $3.4b 15.4x EV/LTM Revenues -30.4x EV/LTM EBITDA | IPO |
Total Funding | AUD678m |
Recent News about Sweetgreen
EditSweetgreen operates in the fast-casual dining sector, specializing in healthy, seasonal salads and grain bowls made from scratch using whole produce. The company primarily serves health-conscious consumers looking for nutritious meal options. Sweetgreen's business model revolves around both physical restaurant locations and a robust digital platform, including a freshly designed app that facilitates delivery and pickup orders. Revenue is generated through direct sales of food items, both in-store and online, and the company leverages technology to enhance customer experience and streamline operations. The market Sweetgreen operates in is competitive, with a focus on innovation and sustainability. Notably, the company has attracted high-profile investors, including Naomi Osaka, and continues to expand its footprint while maintaining a commitment to community health and wellness.
Keywords: fast-casual, healthy eating, seasonal salads, grain bowls, whole produce, digital platform, delivery, pickup, sustainability, innovation.