Growth Metrics

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

First Watch Restaurant's quarterly EBT came in at -$3.4 million in Q1 2026, down 123.42% year-on-year from $14.7 million in Q1 2025, and down 177.69% quarter-over-quarter from $4.4 million in Q4 2025.

First Watch Restaurant has reported EBT for 7 years, with the latest figure at -$3.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT fell 123.42% year-over-year to -$3.4 million; the trailing twelve-month figure through Mar 2026 stood at $10.2 million (down 37.87% YoY), and the FY2025 full-year result was $12.1 million, down 56.71% from the prior year.
  • EBT for Q1 2026 stood at -$3.4 million, down from $4.4 million in the prior quarter.
  • The five-year high for EBT was $13.9 million in Q1 2023, with the low at -$3.4 million in Q1 2026.
  • Average EBT over 5 years is $5.0 million, with a median of $4.4 million recorded in 2025.
  • Year-over-year, EBT jumped 2050.39% in 2023 and slumped 123.42% in 2026.
  • Tracing FWRG's EBT over 5 years: stood at $256000.0 in 2022, then jumped by 2050.39% to $5.5 million in 2023, then plunged by 86.59% to $738000.0 in 2024, then soared by 498.92% to $4.4 million in 2025, then slumped by 177.69% to -$3.4 million in 2026.
  • The last three EBT figures came in at -$3.4 million (Q1 2026), $4.4 million (Q4 2025), and $5.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 728.10 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 516.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 405.81 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 483.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 356.80 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 452.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 147.03 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 180.64 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 6.08 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn -3.43 Mn

Historic Data

Download Data 🔒
DateValue
Mar 29, 2026 -3.43 Mn
Dec 28, 2025 4.42 Mn
Sep 28, 2025 5.67 Mn
Jun 29, 2025 3.58 Mn
Mar 30, 2025 -1.54 Mn
Dec 29, 2024 738,000.00
Sep 29, 2024 3.50 Mn
Jun 30, 2024 13.78 Mn
Mar 31, 2024 10.01 Mn
Dec 31, 2023 5.51 Mn
Sep 24, 2023 6.66 Mn
Jun 25, 2023 9.99 Mn
Mar 26, 2023 13.92 Mn
Dec 25, 2022 256,000.00
Sep 25, 2022 1.38 Mn
Jun 26, 2022 4.04 Mn
Mar 27, 2022 6.92 Mn
Dec 26, 2021 -4.82 Mn
Sep 26, 2021 1.32 Mn
Jun 27, 2021 6.09 Mn
Mar 28, 2021 -2.22 Mn
Dec 27, 2020 -10.97 Mn
Sep 27, 2020 -14.40 Mn