First Watch Restaurant (FWRG) Revenue (2020 - 2026)

First Watch Restaurant (FWRG) recorded quarterly Revenue of $331.0 million in Q1 2026, up 4.62% quarter-over-quarter from $316.4 million in Q4 2025, and up 17.26% on a YoY basis from $282.2 million in Q1 2025.

First Watch Restaurant (FWRG) Revenue (2020 - 2026) Analysis & Trends

First Watch Restaurant's Revenue history runs 7 years deep, the most recent figure standing at $331.0 million for Q1 2026.

  • In Q1 2026, Revenue rose 17.26% year-over-year to $331.0 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 20.41% YoY), while the FY2025 annual figure was $1.2 billion, up 20.34% from the prior year.
  • Revenue was $331.0 million for Q1 2026 at First Watch Restaurant, up from $316.4 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $331.0 million in Q1 2026 to a low of $173.1 million in Q1 2022.
  • Historically, Revenue has averaged $246.5 million across 5 years, with a median of $244.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Revenue jumped 36.13% in 2022, then increased 7.63% in 2024.
  • A 5-year view of Revenue shows it stood at $185.7 million in 2022, then surged by 31.7% to $244.6 million in 2023, then climbed by 7.63% to $263.3 million in 2024, then gained by 20.15% to $316.4 million in 2025, then advanced by 4.62% to $331.0 million in 2026.
  • The last three Revenue figures came in at $331.0 million (Q1 2026), $316.4 million (Q4 2025), and $316.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 9.53 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 3.09 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 2.06 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 2.26 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 3.35 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 3.27 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 1.63 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 1.15 Bn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 274.99 Mn
10 First Watch Restaurant 722.06 Mn 698.50 Mn 256.65 Mn 330.96 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 330.96 Mn
Dec 28, 2025 316.35 Mn
Sep 28, 2025 316.02 Mn
Jun 29, 2025 307.89 Mn
Mar 30, 2025 282.24 Mn
Dec 29, 2024 263.29 Mn
Sep 29, 2024 251.61 Mn
Jun 30, 2024 258.56 Mn
Mar 31, 2024 242.45 Mn
Dec 31, 2023 244.63 Mn
Sep 24, 2023 219.21 Mn
Jun 25, 2023 216.30 Mn
Mar 26, 2023 211.41 Mn
Dec 25, 2022 185.75 Mn
Sep 25, 2022 186.85 Mn
Jun 26, 2022 184.45 Mn
Mar 27, 2022 173.11 Mn
Dec 26, 2021 162.62 Mn
Sep 26, 2021 157.44 Mn
Jun 27, 2021 153.96 Mn