First Watch Restaurant (FWRG) EBITDA (2020 - 2026)

First Watch Restaurant has reported EBITDA for 7 years, with the latest figure at -$2.1 million in Q1 2026.

• For the quarter ending Q1 2026, EBITDA fell 42.83% year-over-year to -$2.1 million; the trailing twelve-month figure through Mar 2026 stood at $18.1 million (up 90.62% YoY), and the FY2025 full-year result was $18.8 million, down 1.95% from the prior year.
• EBITDA for Q1 2026 stood at -$2.1 million, down from $15.2 million in the prior quarter.
• The five-year high for EBITDA was $15.2 million in Q4 2025, with the low at -$2.1 million in Q1 2026.
• Average EBITDA over 5 years is $4.0 million, with a median of $2.7 million recorded in 2024.
• Year-over-year, EBITDA jumped 13819.57% in 2023 and sank 118.32% in 2025.
• Tracing FWRG's EBITDA over 5 years: stood at -$486000.0 in 2022, then soared by 337.86% to $1.2 million in 2023, then soared by 137.2% to $2.7 million in 2024, then jumped by 454.38% to $15.2 million in 2025, then slumped by 114.02% to -$2.1 million in 2026.
• The last three EBITDA figures came in at -$2.1 million (Q1 2026), $15.2 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.

Peer Comparison