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| 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 |