First Watch Restaurant (FWRG) EBT (2020 - 2026)
First Watch Restaurant (FWRG) posted quarterly EBT of -$3.4 million for Q1 2026, down 123.42% year-over-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 (FWRG) EBT (2020 - 2026) Analysis & Trends
First Watch Restaurant's EBT history runs 7 years deep, the most recent figure standing at -$3.4 million for Q1 2026.
- In Q1 2026, EBT fell 123.42% year-over-year to -$3.4 million; the TTM figure through Mar 2026 stood at $10.2 million (down 37.87% YoY), while the FY2025 annual figure 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.
- The 5-year median for EBT is $4.4 million (2025), against an average of $5.0 million.
- The sharpest annual moves came in 2023 and 2026: EBT jumped 2050.39% in 2023, then sank 123.42% in 2026.
- First Watch Restaurant's EBT stood at $256000.0 in 2022, then surged by 2050.39% to $5.5 million in 2023, then plunged by 86.59% to $738000.0 in 2024, then jumped by 498.92% to $4.4 million in 2025, then slumped by 177.69% to -$3.4 million in 2026.
- Business Quant data shows FWRG's EBT at -$3.4 million in Q1 2026, $4.4 million in Q4 2025, and $5.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 2.94 Bn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 1.42 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 533.27 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 533.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 592.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 465.60 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 592.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 354.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 143.99 Mn |
| 10 | First Watch Restaurant | 784.98 Mn | 764.50 Mn | 272.08 Mn | 3.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 3.37 Mn |
| 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 |