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"Sugar, We're Goin Down" is the first single released from Fall Out Boy's album From Under the Cork Tree (2005). The single reached #8 in the U.S., becoming Fall Out Boy's first top 10 single. This single launched the band into the MTV mainstream. Two different CDs were released with different B-sides, Part I with a green cover and Part II with a red cover. According to Blender on their "The 100 Greatest Songs of 2005", "Sugar, We're Goin Down" was rated #4 and was rated #3 according to About.com on their "Top 100 Pop Songs of 2005".

The song appears on the karaoke games Lips (as downloadable content) and in Karaoke Revolution Presents: American Idol

The song has so far sold over 2,000,000 digital downloads in the United States, becoming the bands first two-million seller and being certified double platinum by the RIAA.

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