Companies: 10,795·Total market cap: $144.5T
First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc.

FWRGNASDAQConsumer Cyclical● Active
$10.18
$-0.06(-0.59%)
Market Cap$627544929
P/E Ratio
52W High$19.53
52W Low$10.09

First Watch Restaurant Group, Inc. (FWRG) Revenue

Annual & quarterly revenue history · segment & region breakdown

FWRG · revenue · updated Jun 8, 2026

Core revenue metrics

First Watch Restaurant Group, Inc. trailing twelve-month (TTM) revenue is $1.27B, an increase of 20.34% year-over-year from $1.22B in FY2025.

TTM revenue
$1.27B
4-quarter sum · USD
YoY growth
+20.34%
vs FY2025 $1.22B
Price / sales
0.49×
mktCap ÷ TTM rev
Revenue per day
$3M
Est. TTM ÷ 365
Revenue / employee
$85K
15000 employees
FY2025
$1.22B
FY2024
$1.02B
5Y CAGR
+15.3%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · First Watch Restaurant Group, Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252018 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-28$1.22B+$0.21B+20.34%
2024-12-29$1.02B+$0.12B+13.95%
2023-12-31$0.89B+$0.16B+22.10%
2022-12-31$0.73B+$0.13B+21.45%
2021-12-31$0.60B+$0.26B+75.59%
2020-12-31$0.34B-$0.09B-21.54%
2019-12-31$0.44B+$0.09B+24.76%
2018-12-31$0.35B
FWRG revenue by year · FWRG revenue history · FWRG annual revenue data

Compare revenue vs peers

Restaurants

Compare FWRG revenue against listed peers. Click any row to open that company's revenue tab.

Revenue breakdown

Segment & Geography
By business segment
Total$2.44B
$1.21B49.6%
$0.98B40.2%
$0.14B5.8%
$0.09B3.6%
$0.01B0.4%
$0.01B0.4%
$0.00B0.0%
By geography
No segment data available for this period.
Data from First Watch Restaurant Group, Inc. annual 10-K filing · FY ending 2025-12-28
FWRG revenue breakdown · FWRG revenue by segment · FWRG revenue by region

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income First Watch Restaurant Group, Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

First Watch Restaurant Group, Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from First Watch Restaurant Group, Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

FWRG revenue · 4 questions

FWRG's trailing twelve-month (TTM) revenue is $1.27B. That is an increase of 20.34% year-over-year from $1.22B in FY2025.

FWRG revenueFWRG annual revenuewhat is FWRG revenueFWRG TTM revenue

Source: FMP · First Watch Restaurant Group, Inc. SEC filings · GAAP · First Watch Restaurant Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026