FWRG
FWRG
NASDAQ · Hotels, Restaurants & Leisure

First Watch Restaurant Group

$10.48
+0.37 (+3.66%)
Financial Highlights (FY 2026)
Revenue
988.09M
Net Income
18.41M
Gross Margin
63.1%
Profit Margin
1.9%
Rev Growth
+19.1%
D/E Ratio
0.33
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 63.1% 63.1% 41.6% 41.6%
Operating Margin 3.9% 3.5% 15.9% 15.7%
Profit Margin 1.9% 1.8% 11.9% 15.5%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 988.09M 829.56M 284.20M 349.38M
Gross Profit 623.29M 523.29M 118.12M 145.21M
Operating Income 38.14M 28.82M 45.09M 54.92M
Net Income 18.41M 13.91M 33.77M 54.20M
Gross Margin 63.1% 63.1% 41.6% 41.6%
Operating Margin 3.9% 3.5% 15.9% 15.7%
Profit Margin 1.9% 1.8% 11.9% 15.5%
Rev Growth +19.1% +19.1% +17.4% +10.3%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 119.15M 119.15M 299.02M 402.13M
Total Equity 357.81M 357.81M 498.74M 495.89M
D/E Ratio 0.33 0.33 0.60 0.81
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 95.69M 76.32M 57.99M 73.86M
Free Cash Flow 17.63M 22.22M