Growth Metrics

First Watch Restaurant (FWRG) Consolidated Net Income (2020 - 2026)

First Watch Restaurant's quarterly Consolidated Net Income came in at -$2.7 million in Q1 2026, down 223.88% year-on-year from $2.2 million in Q1 2025, and down 117.71% quarter-over-quarter from $15.2 million in Q4 2025.

First Watch Restaurant has reported Consolidated Net Income for 7 years, with the latest figure at -$2.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Consolidated Net Income fell 223.88% year-over-year to -$2.7 million; the trailing twelve-month figure through Mar 2026 stood at $17.6 million (up 61.51% YoY), and the FY2025 full-year result was $19.4 million, up 2.68% from the prior year.
  • Consolidated Net Income for Q1 2026 stood at -$2.7 million, down from $15.2 million in the prior quarter.
  • The five-year high for Consolidated Net Income was $15.2 million in Q4 2025, with the low at -$2.7 million in Q1 2026.
  • Average Consolidated Net Income over 5 years is $4.0 million, with a median of $2.7 million recorded in 2022.
  • Year-over-year, Consolidated Net Income jumped 11678.26% in 2023 and plunged 223.88% in 2026.
  • Tracing FWRG's Consolidated Net Income over 5 years: stood at -$486000.0 in 2022, then jumped by 644.86% to $2.6 million in 2023, then tumbled by 73.6% to $699000.0 in 2024, then soared by 2069.38% to $15.2 million in 2025, then tumbled by 117.71% to -$2.7 million in 2026.
  • The last three Consolidated Net Income figures came in at -$2.7 million (Q1 2026), $15.2 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 510.80 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 432.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 302.82 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn -
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn -3.80 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 329.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 126.00 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 139.81 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 4.92 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn -2.69 Mn

Historic Data

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DateValue
Mar 29, 2026 -2.69 Mn
Dec 28, 2025 15.16 Mn
Sep 28, 2025 2.99 Mn
Jun 29, 2025 2.11 Mn
Mar 30, 2025 -829,000.00
Dec 29, 2024 699,000.00
Sep 29, 2024 2.11 Mn
Jun 30, 2024 8.90 Mn
Mar 31, 2024 7.21 Mn
Dec 31, 2023 2.65 Mn
Sep 24, 2023 5.42 Mn
Jun 25, 2023 7.96 Mn
Mar 26, 2023 9.36 Mn
Dec 25, 2022 -486,000.00
Sep 25, 2022 46,000.00
Jun 26, 2022 2.71 Mn
Mar 27, 2022 4.64 Mn
Dec 26, 2021 -4.65 Mn
Sep 26, 2021 783,000.00
Jun 27, 2021 3.81 Mn
Mar 28, 2021 -2.04 Mn
Dec 27, 2020 -7.12 Mn
Sep 27, 2020 -11.14 Mn