Growth Metrics

First Watch Restaurant (FWRG) Retained Earnings (2020 - 2025)

Historic Retained Earnings for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to -$49.6 million.

  • First Watch Restaurant's Retained Earnings rose 911.03% to -$49.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$49.6 million, marking a year-over-year increase of 911.03%. This contributed to the annual value of -$53.8 million for FY2024, which is 2601.48% up from last year.
  • First Watch Restaurant's Retained Earnings amounted to -$49.6 million in Q3 2025, which was up 911.03% from -$52.5 million recorded in Q2 2025.
  • Over the past 5 years, First Watch Restaurant's Retained Earnings peaked at -$49.6 million during Q3 2025, and registered a low of -$105.0 million during Q4 2021.
  • Moreover, its 5-year median value for Retained Earnings was -$75.4 million (2023), whereas its average is -$76.7 million.
  • Per our database at Business Quant, First Watch Restaurant's Retained Earnings plummeted by 204.7% in 2021 and then surged by 2992.09% in 2024.
  • First Watch Restaurant's Retained Earnings (Quarter) stood at -$105.0 million in 2021, then grew by 6.58% to -$98.1 million in 2022, then grew by 25.87% to -$72.7 million in 2023, then rose by 26.01% to -$53.8 million in 2024, then grew by 7.93% to -$49.6 million in 2025.
  • Its Retained Earnings was -$49.6 million in Q3 2025, compared to -$52.5 million in Q2 2025 and -$54.7 million in Q1 2025.