First Watch Restaurant (FWRG) Operating Income (2020 - 2026)

First Watch Restaurant's Operating Income history runs 7 years deep, the most recent figure standing at $999000.0 for Q1 2026.

• In Q1 2026, Operating Income fell 10.24% year-over-year to $999000.0; the TTM figure through Mar 2026 stood at $27.4 million (down 1.22% YoY), while the FY2025 annual figure was $27.5 million, down 29.29% from the prior year.
• Operating Income was $999000.0 for Q1 2026 at First Watch Restaurant, down from $9.0 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $16.4 million in Q2 2024 to a low of $999000.0 in Q1 2026.
• Historically, Operating Income has averaged $7.4 million across 5 years, with a median of $7.3 million in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Income jumped 363.49% in 2023, then plunged 90.94% in 2025.
• A 5-year view of Operating Income shows it stood at $1.5 million in 2022, then surged by 363.49% to $6.9 million in 2023, then plunged by 43.68% to $3.9 million in 2024, then soared by 134.01% to $9.0 million in 2025, then plunged by 88.94% to $999000.0 in 2026.
• The last three Operating Income figures came in at $999000.0 (Q1 2026), $9.0 million (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.