First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
12.66
-0.27 (-2.09%)
At close: Mar 9, 2026, 4:00 PM EDT
12.74
+0.08 (0.63%)
After-hours: Mar 9, 2026, 5:40 PM EDT

FWRG Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2018
Revenue
1,2231,016891.55730.16601.19
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Revenue Growth (YoY)
20.34%13.95%22.10%21.45%75.59%
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Cost of Revenue
975.12792.8694.26585.21473.65
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Gross Profit
247.39223.11197.29144.95127.55
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Selling, General & Admin
125.67111.22102.282.3464.52
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Operating Expenses
213.62179.05150.6121.98100.21
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Operating Income
33.7744.0746.6922.9727.33
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Interest Expense
-16.7-12.64-8.06-5.23-20.1
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Other Non Operating Income (Expenses)
1.192.622.320.63-1.78
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EBT Excluding Unusual Items
18.2634.0540.9518.375.46
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Merger & Restructuring Charges
-4.38-3.44-2.95-2.32-0
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Gain (Loss) on Sale of Assets
-0.45-0.53-0.86-0.92-0.38
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Asset Writedown
---0.5--
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Other Unusual Items
-1.31-2.06-1.18-2.54-4.71
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Pretax Income
12.1328.0336.0812.590.37
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Income Tax Expense
-7.39.110.695.682.48
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Earnings From Continuing Operations
19.4318.9325.396.91-2.11
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Net Income
19.4318.9325.396.91-2.11
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Net Income to Common
19.4318.9325.396.91-2.11
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Net Income Growth
2.68%-25.45%267.53%--
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Shares Outstanding (Basic)
6160605948
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Shares Outstanding (Diluted)
6362616048
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Shares Change (YoY)
0.79%1.90%1.75%24.74%7.11%
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EPS (Basic)
0.320.310.430.12-0.04
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EPS (Diluted)
0.310.300.410.11-0.04
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EPS Growth
3.33%-26.83%272.73%--
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Free Cash Flow
-30.99-12.2412.010.7227.66
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Free Cash Flow Per Share
-0.49-0.200.200.010.57
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Gross Margin
20.24%21.96%22.13%19.85%21.21%
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Operating Margin
2.76%4.34%5.24%3.15%4.55%
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Profit Margin
1.59%1.86%2.85%0.95%-0.35%
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Free Cash Flow Margin
-2.54%-1.21%1.35%0.10%4.60%
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EBITDA
108.78101.7887.9157.259.71
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EBITDA Margin
8.90%10.02%9.86%7.83%9.93%
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D&A For EBITDA
75.0157.7241.2234.2332.38
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EBIT
33.7744.0746.6922.9727.33
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EBIT Margin
2.76%4.34%5.24%3.15%4.55%
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Effective Tax Rate
-32.47%29.63%45.14%669.46%
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Revenue as Reported
1,2231,016891.55730.16601.19
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Advertising Expenses
16.58.57.26.44.8
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Source: S&P Capital IQ. Standard template. Financial Sources.