Growth Metrics

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

First Watch Restaurant's quarterly Retained Earnings came in at -$541000.0 in Q1 2026, up 51.0% year-on-year from -$358286.7 in Q1 2025, and up 98.43% quarter-over-quarter from -$34.4 million in Q4 2025.

First Watch Restaurant has reported Retained Earnings for 7 years, with the latest figure at -$541000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings rose 51.0% year-over-year to -$541000.0; the trailing twelve-month figure through Mar 2026 stood at -$541000.0 (up 51.0% YoY), and the FY2025 full-year result was -$34.4 million, down 7698.19% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$541000.0, up from -$34.4 million in the prior quarter.
  • The five-year high for Retained Earnings was $825000.0 in Q3 2023, with the low at -$100.4 million in Q1 2022.
  • Average Retained Earnings over 5 years is -$41.2 million, with a median of -$34.4 million recorded in 2025.
  • Year-over-year, Retained Earnings jumped 100.84% in 2023 and plunged 35295.62% in 2024.
  • Tracing FWRG's Retained Earnings over 5 years: stood at -$98.1 million in 2022, then grew by 25.87% to -$72.7 million in 2023, then soared by 99.39% to -$441000.0 in 2024, then slumped by 7698.19% to -$34.4 million in 2025, then soared by 98.43% to -$541000.0 in 2026.
  • The last three Retained Earnings figures came in at -$541000.0 (Q1 2026), -$34.4 million (Q4 2025), and -$49.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -8.88 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -312.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -8.01 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.90 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 24.40 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -98.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.52 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -5.10 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 118,000.00
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn -541,000.00

Historic Data

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DateValue
Mar 29, 2026 -541,000.00
Dec 28, 2025 -34.39 Mn
Sep 28, 2025 -49.55 Mn
Jun 29, 2025 -1.20 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 262,000.00
Dec 31, 2023 -72.75 Mn
Sep 24, 2023 825,000.00
Jun 25, 2023 -160,000.00
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
Dec 27, 2020 -102.93 Mn