First Watch Restaurant (FWRG) Retained Earnings (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Retained Earnings came in at -$37.1 million in Q1 2026, down 3258.24% year-on-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.
- On a quarterly basis, Retained Earnings fell 3258.24% year-over-year to -$37.1 million in Q1 2026; TTM through Mar 2026 was -$37.1 million, a 3258.24% decrease from a year earlier, with the FY2025 full-year figure at -$34.4 million, down 7698.19% from the prior year.
- Retained Earnings retreated to -$37.1 million in Q1 2026 per FWRG's latest filing, from -$34.4 million in the prior quarter.
- Across five years, Retained Earnings topped out at $657.4 million in Q3 2025 and bottomed 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.
- Biggest YoY gain for Retained Earnings was 26564.86% in 2025; the steepest drop was 7698.19% in 2025.
- Year by year, Retained Earnings stood at $620.7 million in 2022, then grew by 2.16% to $634.1 million in 2023, then slumped by 100.07% to -$441000.0 in 2024, then sank by 7698.19% to -$34.4 million in 2025, then fell by 7.81% to -$37.1 million in 2026.
- Per Business Quant, the three latest FWRG Retained Earnings figures stand at -$37.1 million (Q1 2026), -$34.4 million (Q4 2025), and $657.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | -8.88 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | -8.01 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | -6.97 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 1.90 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -108.40 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 1.79 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | -54,000.00 |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | -6.06 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 115.61 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | -37.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 27, 2020 | -102.93 Mn |