First Watch Restaurant (FWRG) Profit After Tax (2020 - 2026)

First Watch Restaurant's (FWRG) quarterly Profit After Tax came in at -$2.1 million in Q1 2026, down 42.83% year-on-year from -$3.7 million in Q1 2025, and down 114.05% quarter-over-quarter from $15.2 million in Q4 2025.

First Watch Restaurant (FWRG) Profit After Tax (2020 - 2026) Analysis & Trends

First Watch Restaurant's Profit After Tax history runs 7 years deep, the most recent figure standing at -$2.1 million for Q1 2026.

  • On a quarterly basis, Profit After Tax fell 42.83% year-over-year to -$2.1 million in Q1 2026; TTM through Mar 2026 was $15.2 million, a 95.61% increase from a year earlier, with the FY2025 full-year figure at $19.4 million, up 1.47% from the prior year.
  • Profit After Tax slipped to -$2.1 million in Q1 2026 per FWRG's latest filing, from $15.2 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $15.2 million in Q4 2025 and bottomed at -$2.1 million in Q1 2026.
  • The 5-year median for Profit After Tax is $985000.0 (2023), against an average of $3.0 million.
  • Across the five-year window, Profit After Tax jumped 2041.3% in 2023 and plunged 260.6% in 2025, its largest moves.
  • Year by year, Profit After Tax stood at -$486000.0 in 2022, then soared by 644.86% to $2.6 million in 2023, then plunged by 65.07% to $925000.0 in 2024, then surged by 1539.35% to $15.2 million in 2025, then slumped by 114.05% to -$2.1 million in 2026.
  • Per Business Quant, the three latest FWRG Profit After Tax figures stand at -$2.1 million (Q1 2026), $15.2 million (Q4 2025), and $66000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 510.90 Mn
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 432.00 Mn
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 302.82 Mn
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 445.00 Mn
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 310.60 Mn
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 331.00 Mn
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 123.38 Mn
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 135.75 Mn
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 16.10 Mn
10 First Watch Restaurant 748.70 Mn 725.14 Mn 279.06 Mn -2.13 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 -2.13 Mn
Dec 28, 2025 15.16 Mn
Sep 28, 2025 66,000.00
Jun 29, 2025 2.11 Mn
Mar 30, 2025 -1.49 Mn
Dec 29, 2024 925,000.00
Sep 29, 2024 -560,000.00
Jun 30, 2024 8.90 Mn
Mar 31, 2024 929,000.00
Dec 31, 2023 2.65 Mn
Sep 24, 2023 985,000.00
Jun 25, 2023 7.96 Mn
Mar 26, 2023 9.36 Mn
Dec 25, 2022 -486,000.00
Sep 25, 2022 46,000.00
Jun 26, 2022 2.71 Mn
Mar 27, 2022 4.64 Mn
Dec 26, 2021 -4.65 Mn
Sep 26, 2021 783,000.00
Jun 27, 2021 3.81 Mn