First Watch Restaurant (FWRG) Retained Earnings (2020 - 2026)
First Watch Restaurant (FWRG) posted Retained Earnings of -$34.74 million for Q2 2026, compared with -$52.55 million a year earlier.
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Analysis
First Watch Restaurant (FWRG) Retained Earnings (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Retained Earnings came in at -$34.39 million.
- In prior years, First Watch Restaurant's Retained Earnings was -$53.82 million in FY2024, -$72.75 million in FY2023, -$98.13 million in FY2022 and -$105.04 million in FY2021.
- Quarterly Retained Earnings has run from a low of -$105.04 million in Q4 2021 to a high of -$34.39 million in Q4 2025 over five years.
- According to Business Quant data, Retained Earnings for the three prior quarters was -$37.08 million (Q1 2026), -$34.39 million (Q4 2025) and -$49.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | 71.99 Bn |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | -8.54 Bn |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | -67.16 Mn |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | -6.81 Bn |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | 2.18 Bn |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | -108.40 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | 1.70 Bn |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | 1.56 Bn |
| 10 | First Watch Restaurant | 627.62 Mn | 541.61 Mn | - | -34.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -34.74 Mn |
| Mar 29, 2026 | -37.08 Mn |
| Dec 28, 2025 | -34.39 Mn |
| Sep 28, 2025 | -49.55 Mn |
| Jun 29, 2025 | -52.55 Mn |
| Mar 30, 2025 | -54.65 Mn |
| Dec 29, 2024 | -53.82 Mn |
| Sep 29, 2024 | -54.52 Mn |
| Jun 30, 2024 | -56.63 Mn |
| Mar 31, 2024 | -65.53 Mn |
| Dec 31, 2023 | -72.75 Mn |
| Sep 24, 2023 | -75.40 Mn |
| Jun 25, 2023 | -80.81 Mn |
| Mar 26, 2023 | -88.77 Mn |
| Dec 25, 2022 | -98.13 Mn |
| Sep 25, 2022 | -97.65 Mn |
| Jun 26, 2022 | -97.69 Mn |
| Mar 27, 2022 | -100.40 Mn |
| Dec 26, 2021 | -105.04 Mn |
| Sep 26, 2021 | -100.39 Mn |
API Access
First Watch Restaurant Retained Earnings 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=retained-earnings&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();