First Watch Restaurant Group, Inc. (FWRG)

NASDAQ: FWRG · Real-Time Price · USD

12.97

+0.32 (2.53%)

At close: Aug 13, 2026, 4:00 PM EDT

13.22

+0.25 (1.93%)

After-hours: Aug 13, 2026, 7:41 PM EDT

FWRG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
Revenue	1,318	1,223	1,016	891.55	730.16	601.19
Revenue Growth	19.27%	20.34%	13.95%	22.10%	21.45%	75.59%
Gross Profit	1,318	1,223	1,016	891.55	730.16	601.19
Selling, General & Admin	144.22	128.95	113.27	103.12	84.96	70.39
Depreciation & Amortization Expenses	83.55	75.01	57.72	41.22	34.23	32.38
Other Operating Expenses	1,032	991.03	806.02	705.94	594.06	476.18
Total Operating Expenses	1,260	1,195	977	850.28	713.25	578.95
Operating Income	28.21	27.51	38.91	41.27	16.91	22.24
Interest Expense	-19.03	-16.7	-12.64	-8.06	-5.23	-20.1
Other Non-Operating Income (Expense)	0.85	1.32	1.76	2.87	0.91	-1.77
Total Non-Operating Income (Expense)	-18.18	-15.38	-10.88	-5.19	-4.32	-21.87
Pretax Income	10.03	12.13	28.03	36.08	12.59	0.37
Provision for Income Taxes	-7.78	-7.3	9.1	10.69	5.68	2.48
Net Income	17.81	19.43	18.93	25.39	6.91	-2.11
Net Income to Common	17.81	19.43	18.93	25.39	6.91	-2.11
Net Income Growth	335.64%	2.68%	-25.45%	267.53%	-	-
Shares Outstanding (Basic)	61	61	60	60	59	50
Shares Outstanding (Diluted)	62	63	62	61	59	50
Shares Change	0.69%	0.79%	1.90%	3.54%	18.93%	10.39%
EPS (Basic)	0.30	0.32	0.31	0.43	0.12	-0.04
EPS (Diluted)	0.29	0.31	0.30	0.41	0.12	-0.04
EPS Growth	383.33%	3.33%	-26.83%	250.80%	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
Free Cash Flow	-20.88	-30.99	-12.24	12.01	0.72	27.66
Free Cash Flow Growth	-	-	-	1572.56%	-97.40%	-
Free Cash Flow Per Share	-0.34	-0.49	-0.20	0.20	0.01	0.56
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	2.14%	2.25%	3.83%	4.63%	2.32%	3.70%
Profit Margin	1.35%	1.59%	1.86%	2.85%	0.95%	-0.35%
FCF Margin	-1.58%	-2.54%	-1.21%	1.35%	0.10%	4.60%
EBITDA	111.76	102.52	96.62	82.49	51.14	54.62
EBITDA Margin	8.48%	8.39%	9.51%	9.25%	7.00%	9.09%
EBIT	28.21	27.51	38.91	41.27	16.91	22.24
EBIT Margin	2.14%	2.25%	3.83%	4.63%	2.32%	3.70%
Effective Tax Rate	-77.59%	-60.16%	32.47%	29.63%	45.14%	669.46%

SEC Filings: 10-K · 10-Q