First Watch Restaurant (FWRG) Income After Tax (2020 - 2026)
First Watch Restaurant's Income After Tax came in at $4.79 million for Q3 2026, up 60.0% from $2.99 million a year earlier and up 104.7% from the prior quarter.
Powered by 
Analysis
First Watch Restaurant (FWRG) Income After Tax (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 27, 2026, First Watch Restaurant reported Income After Tax of $19.61 million, up 294.7% year-over-year; for FY2025, it was $19.43 million, up 2.7% from FY2024.
- Going back by year, Income 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 Income After Tax is -$4.65 million (Q4 2021) to $15.16 million (Q4 2025).
- Year-over-year, Income After Tax increased in three of the last five quarters, with an average decline of 7.4%.
- The fastest year-over-year change in Income 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 Income After Tax at $2.34 million (Q2 2026), -$2.69 million (Q1 2026) and $15.16 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn | 2.49 Bn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - | 339.87 Mn |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn | 1.62 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn | 704.00 Mn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn | 234.30 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | -6.00 Mn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn | 333.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn | 91.25 Mn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn | 4.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 4.79 Mn |
| 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 |
API Access
First Watch Restaurant Income 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_KEYimport 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();