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

First Watch Restaurant's EBT Margin history runs 7 years deep, the most recent figure standing at 1.04% for Q1 2026.

• On a quarterly basis, EBT Margin fell 49.0% year-over-year to 1.04% in Q1 2026; TTM through Mar 2026 was 0.81%, a 76.0% decrease from a year earlier, with the FY2025 full-year figure at 0.99%, down 177.0% from the prior year.
• EBT Margin fell to 1.04% in Q1 2026 per FWRG's latest filing, from 1.4% in the prior quarter.
• Across five years, EBT Margin topped out at 6.58% in Q1 2023 and bottomed at 1.04% in Q1 2026.
• The 5-year median for EBT Margin is 1.8% (2025), against an average of 2.2%.
• Across the five-year window, EBT Margin surged 574 bps in 2022 and sank 467 bps in 2025, its largest moves.
• Year by year, EBT Margin stood at 0.14% in 2022, then surged by 1533 bps to 2.25% in 2023, then plunged by 88 bps to 0.28% in 2024, then surged by 398 bps to 1.4% in 2025, then plunged by 174 bps to 1.04% in 2026.
• Per Business Quant, the three latest FWRG EBT Margin figures stand at 1.04% (Q1 2026), 1.4% (Q4 2025), and 1.8% (Q3 2025).