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First Watch Restaurant (FWRG) Gross Profit (2020 - 2025)

First Watch Restaurant has reported Gross Profit over the past 6 years, most recently at $423.9 million for Q4 2025.

  • Quarterly results put Gross Profit at $423.9 million for Q4 2025, up 23.07% from a year ago — trailing twelve months through Dec 2025 was $1.2 billion (up 23.18% YoY), and the annual figure for FY2025 was $1.1 billion, up 20.2%.
  • Gross Profit for Q4 2025 was $423.9 million at First Watch Restaurant, up from $290.1 million in the prior quarter.
  • Over the last five years, Gross Profit for FWRG hit a ceiling of $423.9 million in Q4 2025 and a floor of $127.2 million in Q1 2021.
  • Median Gross Profit over the past 5 years was $190.6 million (2023), compared with a mean of $207.1 million.
  • Biggest five-year swings in Gross Profit: decreased 16.42% in 2022 and later skyrocketed 137.83% in 2024.
  • First Watch Restaurant's Gross Profit stood at $203.6 million in 2021, then decreased by 16.42% to $170.1 million in 2022, then decreased by 14.88% to $144.8 million in 2023, then skyrocketed by 137.83% to $344.4 million in 2024, then rose by 23.07% to $423.9 million in 2025.
  • The last three reported values for Gross Profit were $423.9 million (Q4 2025), $290.1 million (Q3 2025), and $283.1 million (Q2 2025) per Business Quant data.