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First Watch Restaurant (FWRG) Revenue (2020 - 2025)

First Watch Restaurant has reported Revenue over the past 6 years, most recently at $316.4 million for Q4 2025.

  • Quarterly results put Revenue at $316.4 million for Q4 2025, up 20.15% from a year ago — trailing twelve months through Dec 2025 was $1.2 billion (up 20.34% YoY), and the annual figure for FY2025 was $1.2 billion, up 20.34%.
  • Revenue for Q4 2025 was $316.4 million at First Watch Restaurant, roughly flat from $316.0 million in the prior quarter.
  • Over the last five years, Revenue for FWRG hit a ceiling of $316.4 million in Q4 2025 and a floor of $127.2 million in Q1 2021.
  • Median Revenue over the past 5 years was $217.8 million (2023), compared with a mean of $223.1 million.
  • Biggest five-year swings in Revenue: soared 57.84% in 2021 and later grew 7.63% in 2024.
  • First Watch Restaurant's Revenue stood at $162.6 million in 2021, then increased by 14.22% to $185.7 million in 2022, then soared by 31.7% to $244.6 million in 2023, then grew by 7.63% to $263.3 million in 2024, then increased by 20.15% to $316.4 million in 2025.
  • The last three reported values for Revenue were $316.4 million (Q4 2025), $316.0 million (Q3 2025), and $307.9 million (Q2 2025) per Business Quant data.