Growth Metrics

First Watch Restaurant (FWRG) EBT (2020 - 2025)

First Watch Restaurant has reported EBT over the past 6 years, most recently at $4.4 million for Q4 2025.

  • Quarterly results put EBT at $4.4 million for Q4 2025, up 498.92% from a year ago — trailing twelve months through Dec 2025 was $12.1 million (down 56.71% YoY), and the annual figure for FY2025 was $12.1 million, down 56.71%.
  • EBT for Q4 2025 was $4.4 million at First Watch Restaurant, down from $5.7 million in the prior quarter.
  • Over the last five years, EBT for FWRG hit a ceiling of $13.9 million in Q1 2023 and a floor of -$4.8 million in Q4 2021.
  • Median EBT over the past 5 years was $4.2 million (2022), compared with a mean of $4.5 million.
  • Biggest five-year swings in EBT: skyrocketed 2050.39% in 2023 and later tumbled 115.35% in 2025.
  • First Watch Restaurant's EBT stood at -$4.8 million in 2021, then soared by 105.31% to $256000.0 in 2022, then skyrocketed by 2050.39% to $5.5 million in 2023, then tumbled by 86.59% to $738000.0 in 2024, then soared by 498.92% to $4.4 million in 2025.
  • The last three reported values for EBT were $4.4 million (Q4 2025), $5.7 million (Q3 2025), and $3.6 million (Q2 2025) per Business Quant data.