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) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · FWRG · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.22B | $1.02B | $0.89B | $0.73B | $0.60B |
| Cost of Revenue | $1.06B | $0.22B | $0.70B | $0.59B | $0.48B |
| Gross Profit | $0.16B | $0.79B | $0.19B | $0.14B | $0.12B |
| Gross Margin %(computed) | 13.04% | 78.04% | 21.32% | 19.11% | 20.66% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.13B | $0.11B | $0.10B | $0.08B | $0.07B |
| Total Operating Expenses | $0.13B | $0.75B | $0.15B | $0.12B | $0.10B |
| Operating Income | $0.03B | $0.04B | $0.04B | $0.02B | $0.02B |
| Operating Margin %(computed) | 2.76% | 3.83% | 4.63% | 2.32% | 3.70% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.02B | $0.01B | $0.01B | $0.01B | $0.02B |
| Income Before Tax | $0.01B | $0.03B | $0.04B | $0.01B | $0.00B |
| Income Tax Expense | ($0.01B) | $0.01B | $0.01B | $0.01B | $0.00B |
| Net Income | $0.02B | $0.02B | $0.03B | $0.01B | ($0.00B) |
| Net Margin %(computed) | 1.59% | 1.86% | 2.85% | 0.95% | -0.35% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $0.32 | $0.31 | $0.43 | $0.12 | $-0.04 |
| Wtd Avg Shares | 0.06B | 0.06B | 0.06B | 0.06B | 0.05B |
| EBITDA | $0.11B | $0.10B | $0.09B | $0.05B | $0.05B |
| EBITDA Margin %(computed) | 8.90% | 9.68% | 9.57% | 7.13% | 8.79% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About First Watch Restaurant Group, Inc. (FWRG) Income Statement
First Watch Restaurant Group, Inc. (FWRG) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, FWRG reported revenue of $1.22B, gross profit of $0.16B (gross margin 13.04%), and net income of $0.02B — a net profit margin of 1.59%.
Frequently asked questions
FWRG · 4 questionsFirst Watch Restaurant Group, Inc. (FWRG) reported revenue of $1.22B for 2025, up 20.3% year-over-year.
FWRG revenueFWRG salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08