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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
US Market

First Watch Restaurant Group (FWRG) Income Statement

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First Watch Restaurant Group Income Statement

Last quarter (Q3 2025), First Watch Restaurant Group's total revenue was $316.02M, an increase of 25.60% from the same quarter last year. In Q3, First Watch Restaurant Group's net income was $2.99M. See First Watch Restaurant Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 1.02B$ 891.55M$ 730.16M$ 601.19M$ 342.39M
Gross Profit
$ 792.81M$ 190.12M$ 139.53M$ 124.23M$ 29.88M
Operating Expenses
$ 753.91M$ 148.85M$ 122.62M$ 101.99M$ 77.10M
Depreciation and Amortization
$ 57.72M$ 41.22M$ 34.23M$ 32.38M$ 30.73M
EBITDA
$ 98.38M$ 85.36M$ 52.05M$ 52.85M$ -16.01M
Operating Income
$ 38.91M$ 41.27M$ 16.91M$ 22.24M$ -47.22M
Other Income/Expenses
$ -10.88M$ -5.19M$ -4.32M$ -21.87M$ -22.33M
Pretax Income
$ 28.03M$ 36.08M$ 12.59M$ 370.00K$ -69.55M
Net Income
$ 18.93M$ 25.39M$ 6.91M$ -2.11M$ -49.68M
Per Share Metrics
Basic EPS
$ 0.31$ 0.43$ 0.12$ -0.04$ -0.86
Diluted EPS
$ 0.30$ 0.41$ 0.11$ -0.04$ -0.86
Weighted Average Shares Outstanding
60.37M 59.53M 59.10M 48.21M 57.63M
Weighted Average Shares Outstanding (Diluted)
62.35M 61.19M 60.14M 48.21M 58.51M
Currency in USD

First Watch Restaurant Group Earnings and Revenue History