Sweetgreen Q3 revenue rises 2.1% to $176.0 million; net loss narrows to $30.7 million
Sweetgreen reported third-quarter fiscal 2026 revenue of $176.0 million, up 2.1%, with same-store sales down 6.4% and a net loss of $30.7 million, narrower than the prior year's $36.1 million. Adjusted EBITDA was a loss of $6.8 million, wider than the $4.4 million loss a year earlier, and the company updated its full-year fiscal 2026 outlook, including adjusted EBITDA between a $23.0 million and a $20.0 million loss. The filing does not state the prior outlook, so the change in guidance cannot be measured against it.
Key points
- Q3 revenue $176.0 million, up 2.1%; same-store sales change (6.4)% versus (9.5)% a year earlier
- Net loss $30.7 million versus $36.1 million; adjusted EBITDA loss $6.8 million versus $4.4 million
- Restaurant-level profit margin 10.4%, down 270 basis points from 13.1%
- Updated fiscal 2026 outlook: about (5.5)% same-store sales change, 11.0% to 11.5% restaurant-level profit margin, and about 10 net new restaurant openings
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.