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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 71.99 Bn
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn -8.54 Bn
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn -67.16 Mn
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn -6.81 Bn
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn 2.18 Bn
6 Darden Restaurants 25.70 Bn 25.48 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 16.42 Bn 15.74 Bn 2.22 Bn 1.70 Bn
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 1.56 Bn
10 First Watch Restaurant 784.98 Mn 764.50 Mn 272.08 Mn 668.59 Mn

Historic Data

Download Data
DateValue
Jun 28, 2026 668.59 Mn
Mar 29, 2026 -37.08 Mn
Dec 28, 2025 -34.39 Mn
Sep 28, 2025 657.39 Mn
Jun 29, 2025 654.45 Mn
Mar 30, 2025 -1.10 Mn
Dec 29, 2024 -441,000.00
Sep 29, 2024 -2.48 Mn
Jun 30, 2024 -56.63 Mn
Mar 31, 2024 -65.53 Mn
Dec 31, 2023 634.10 Mn
Sep 24, 2023 631.06 Mn
Jun 25, 2023 626.22 Mn
Mar 26, 2023 -88.77 Mn
Dec 25, 2022 620.68 Mn
Sep 25, 2022 -97.65 Mn
Jun 26, 2022 614.22 Mn
Mar 27, 2022 -100.40 Mn
Dec 26, 2021 -105.04 Mn
Sep 26, 2021 -100.39 Mn