First Watch Restaurant (FWRG) Revenue (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Revenue came in at $331.0 million in Q1 2026, up 17.26% year-on-year from $282.2 million in Q1 2025, and up 4.62% quarter-over-quarter from $316.4 million in Q4 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.
- On a quarterly basis, Revenue rose 17.26% year-over-year to $331.0 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 20.41% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 20.34% from the prior year.
- Revenue grew to $331.0 million in Q1 2026 per FWRG's latest filing, from $316.4 million in the prior quarter.
- Across five years, Revenue topped out at $331.0 million in Q1 2026 and bottomed at $173.1 million in Q1 2022.
- The 5-year median for Revenue is $244.6 million (2023), against an average of $246.5 million.
- Across the five-year window, Revenue soared 36.13% in 2022 and gained 7.63% in 2024, its largest moves.
- Year by year, Revenue 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.
- Per Business Quant, the three latest FWRG Revenue figures stand at $331.0 million (Q1 2026), $316.4 million (Q4 2025), and $316.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 9.53 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 2.06 Bn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 3.09 Bn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 2.26 Bn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 3.35 Bn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 3.27 Bn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 1.63 Bn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 1.19 Bn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 464.41 Mn |
| 10 | First Watch Restaurant | 748.70 Mn | 725.14 Mn | 279.06 Mn | 330.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |