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

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First Watch Restaurant Group Income Statement

Last quarter (Q4 2025), First Watch Restaurant Group's total revenue was $316.35M, an increase of 20.15% from the same quarter last year. In Q4, First Watch Restaurant Group's net income was $15.16M. See First Watch Restaurant Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 1.22B$ 1.02B$ 891.55M$ 730.16M$ 601.19M
Gross Profit
$ 159.44M$ 792.81M$ 190.12M$ 139.53M$ 124.23M
Operating Expenses
$ 125.67M$ 753.91M$ 148.85M$ 122.62M$ 101.99M
Depreciation and Amortization
$ 75.01M$ 57.72M$ 41.22M$ 34.23M$ 32.38M
EBITDA
$ 108.78M$ 98.38M$ 85.36M$ 52.05M$ 52.85M
Operating Income
$ 33.77M$ 38.91M$ 41.27M$ 16.91M$ 22.24M
Other Income/Expenses
$ -21.64M$ -10.88M$ -5.19M$ -4.32M$ -21.87M
Pretax Income
$ 12.13M$ 28.03M$ 36.08M$ 12.59M$ 370.00K
Net Income
$ 19.43M$ 18.93M$ 25.39M$ 6.91M$ -2.11M
Per Share Metrics
Basic EPS
$ 0.32$ 0.31$ 0.43$ 0.12$ -0.04
Diluted EPS
$ 0.31$ 0.30$ 0.41$ 0.11$ -0.04
Weighted Average Shares Outstanding
 60.96M 60.37M 59.53M 59.10M 48.21M
Weighted Average Shares Outstanding (Diluted)
 62.84M 62.35M 61.19M 60.14M 48.21M
Currency in USD

First Watch Restaurant Group Earnings and Revenue History