First Watch Restaurant (FWRG) Profit After Tax (2020 - 2026)
First Watch Restaurant's Profit After Tax came in at $2.34 million for Q2 2026, up 11.1% from $2.11 million a year earlier.
First Watch Restaurant (FWRG) Profit After Tax (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, First Watch Restaurant reported Profit After Tax of $17.81 million, up 335.6% year-over-year; for FY2025, it was $19.43 million, up 2.7% from FY2024.
- Going back by year, Profit After Tax was $18.93 million in FY2024 (-25.4%), $25.39 million in FY2023 (+267.5%), $6.91 million in FY2022 and -$2.11 million in FY2021.
- The five-year range for quarterly Profit After Tax is -$4.65 million (Q4 2021) to $15.16 million (Q4 2025).
- Year-over-year, Profit After Tax increased in two of the last five quarters, with an average decline of 31.7%.
- The fastest year-over-year change in Profit After Tax over five years came in Q2 2023 (growth of 194.0%), and the weakest in Q3 2022 (a decline of 94.1%).
- Business Quant data shows FWRG's Profit After Tax at -$2.69 million (Q1 2026), $15.16 million (Q4 2025) and $2.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 164.13 Bn | 158.95 Bn | 6.42 Bn | 2.36 Bn |
| 2 | Starbucks | 107.97 Bn | 95.60 Bn | - | 1.04 Bn |
| 3 | Chipotle Mexican Grill | 41.04 Bn | 37.02 Bn | - | 403.55 Mn |
| 4 | Yum Brands | 37.16 Bn | 34.04 Bn | 1.47 Bn | 853.00 Mn |
| 5 | Restaurant Brands International | 24.42 Bn | 21.52 Bn | 1.38 Bn | 665.00 Mn |
| 6 | Darden Restaurants | 22.67 Bn | 21.77 Bn | 1.68 Bn | 234.30 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 665.00 Mn |
| 8 | Yum China Holdings | 13.79 Bn | 8.16 Bn | 537.00 Mn | 262.00 Mn |
| 9 | Texas Roadhouse | 10.24 Bn | 9.60 Bn | - | 124.51 Mn |
| 10 | First Watch Restaurant | 652.30 Mn | 566.29 Mn | - | 2.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 2.34 Mn |
| Mar 29, 2026 | -2.69 Mn |
| Dec 28, 2025 | 15.16 Mn |
| Sep 28, 2025 | 2.99 Mn |
| Jun 29, 2025 | 2.11 Mn |
| Mar 30, 2025 | -829,000.00 |
| Dec 29, 2024 | 699,000.00 |
| Sep 29, 2024 | 2.11 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 7.21 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Sep 24, 2023 | 5.42 Mn |
| 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 |
First Watch Restaurant Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=FWRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();