First Watch Restaurant FWRG
NASDAQ FWRG
$12.05 +0.35 (+2.99%)
As of: Sep 4, 2026 · 3:59 PM EDT

First Watch Restaurant (FWRG) Retained Earnings (2020 - 2026)

First Watch Restaurant (FWRG) posted quarterly Retained Earnings of -$37.1 million for Q1 2026, down 3258.24% year-over-year from $1.2 million in Q1 2025, and down 7.81% quarter-over-quarter from -$34.4 million in Q4 2025.

Analysis

First Watch Restaurant (FWRG) Retained Earnings (2020 - 2026) Analysis & Trends

First Watch Restaurant's Retained Earnings history runs 7 years deep, the most recent figure standing at -$37.1 million for Q1 2026.

  • In Q1 2026, Retained Earnings fell 3258.24% year-over-year to -$37.1 million; the TTM figure through Mar 2026 stood at -$37.1 million (down 3258.24% YoY), while the FY2025 annual figure was -$34.4 million, down 7698.19% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$37.1 million, down from -$34.4 million in the prior quarter.
  • The five-year high for Retained Earnings was $657.4 million in Q3 2025, with the low at -$100.4 million in Q1 2022.
  • The 5-year median for Retained Earnings is -$1.1 million (2025), against an average of $232.6 million.
  • Peak annual rise in Retained Earnings reached 26564.86% in 2025, while the deepest fall reached 7698.19% in 2025.
  • First Watch Restaurant's Retained Earnings stood at $620.7 million in 2022, then climbed by 2.16% to $634.1 million in 2023, then tumbled by 100.07% to -$441000.0 in 2024, then slumped by 7698.19% to -$34.4 million in 2025, then declined by 7.81% to -$37.1 million in 2026.
  • Business Quant data shows FWRG's Retained Earnings at -$37.1 million in Q1 2026, -$34.4 million in Q4 2025, and $657.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 71.99 Bn
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn -8.54 Bn
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn -67.16 Mn
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn -6.81 Bn
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 2.18 Bn
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn -108.40 Mn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn -1.55 Bn
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 1.70 Bn
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 1.56 Bn
10 First Watch Restaurant 743.74 Mn 723.25 Mn 272.08 Mn 668.59 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 668.59 Mn
Mar 29, 2026 664.66 Mn
Dec 28, 2025 661.15 Mn
Sep 28, 2025 657.39 Mn
Jun 29, 2025 654.45 Mn
Mar 30, 2025 651.43 Mn
Dec 29, 2024 649.05 Mn
Sep 29, 2024 645.53 Mn
Jun 30, 2024 641.63 Mn
Mar 31, 2024 639.11 Mn
Dec 31, 2023 634.10 Mn
Sep 24, 2023 631.06 Mn
Jun 25, 2023 626.22 Mn
Mar 26, 2023 622.74 Mn
Dec 25, 2022 620.68 Mn
Sep 25, 2022 617.33 Mn
Jun 26, 2022 614.22 Mn
Mar 27, 2022 611.17 Mn
Dec 26, 2021 608.88 Mn
Sep 26, 2021 424.09 Mn