4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
First Watch Restaurant Group, Inc. (FWRG) operates in the Restaurants industry and is headquartered in Bradenton, United States with about 17,500 employees. Its market capitalization is roughly $775 million. In the fiscal year ended 2025-12-31, FWRG reported $1.2B in revenue and $19M in net income.
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019.
Interactive charts & full statements → Open the FWRG valuation workbench →
| Income statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Revenue | $1.2B | $1.0B | $892M | $730M | — |
| Gross Profit | $234M | $213M | $190M | $140M | — |
| Operating Income (EBIT) | $30M | $42M | $46M | $20M | — |
| Net Income | $19M | $19M | $25M | $7M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|---|
| Total Revenue | $331M | $316M | $316M | $308M | $282M |
| Gross Profit | $64M | $62M | $64M | $60M | $49M |
| Operating Income (EBIT) | $2M | $10M | $11M | $8M | $2M |
| Net Income | ($3M) | $15M | $3M | $2M | ($1M) |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Assets | $1.7B | $1.5B | $1.3B | $1.1B | — |
| Total Liabilities | $1.1B | $919M | $706M | $581M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FWRG viewer.
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