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.

• On a quarterly basis, Operating Income fell 10.24% year-over-year to $999000.0 in Q1 2026; TTM through Mar 2026 was $27.4 million, a 1.22% decrease from a year earlier, with the FY2025 full-year figure at $27.5 million, down 29.29% from the prior year.
• Operating Income eased to $999000.0 in Q1 2026 per FWRG's latest filing, from $9.0 million in the prior quarter.
• Across five years, Operating Income topped out at $16.4 million in Q2 2024 and bottomed at $999000.0 in Q1 2026.
• The 5-year median for Operating Income is $7.3 million (2025), against an average of $7.4 million.
• Across the five-year window, Operating Income soared 363.49% in 2023 and plunged 90.94% in 2025, its largest moves.
• Year by year, Operating Income stood at $1.5 million in 2022, then surged by 363.49% to $6.9 million in 2023, then slumped by 43.68% to $3.9 million in 2024, then soared by 134.01% to $9.0 million in 2025, then slumped by 88.94% to $999000.0 in 2026.
• Per Business Quant, the three latest FWRG Operating Income figures stand at $999000.0 (Q1 2026), $9.0 million (Q4 2025), and $10.0 million (Q3 2025).