Growth Metrics

First Watch Restaurant (FWRG) Net Income (2020 - 2025)

First Watch Restaurant has reported Net Income over the past 6 years, most recently at $15.2 million for Q4 2025.

  • Quarterly results put Net Income at $15.2 million for Q4 2025, up 2069.38% from a year ago — trailing twelve months through Dec 2025 was $19.4 million (up 2.68% YoY), and the annual figure for FY2025 was $19.4 million, up 2.68%.
  • Net Income for Q4 2025 was $15.2 million at First Watch Restaurant, up from $3.0 million in the prior quarter.
  • Over the last five years, Net Income for FWRG hit a ceiling of $15.2 million in Q4 2025 and a floor of -$4.7 million in Q4 2021.
  • Median Net Income over the past 5 years was $2.7 million (2022), compared with a mean of $3.4 million.
  • Biggest five-year swings in Net Income: skyrocketed 11678.26% in 2023 and later tumbled 111.49% in 2025.
  • First Watch Restaurant's Net Income stood at -$4.7 million in 2021, then soared by 89.56% to -$486000.0 in 2022, then skyrocketed by 644.86% to $2.6 million in 2023, then tumbled by 73.6% to $699000.0 in 2024, then soared by 2069.38% to $15.2 million in 2025.
  • The last three reported values for Net Income were $15.2 million (Q4 2025), $3.0 million (Q3 2025), and $2.1 million (Q2 2025) per Business Quant data.