FWRG — First Watch Restaurant Group, Inc.

Nasdaq · Consumer Discretionary · Hotels, Restaurants & Leisure · CIK 1789940 ·
Last close
$13.17
Market Cap
$812.75M
52W High
$13.64
52W Low
$9.97
ADV30
1,109,201
Next earnings
2026-11-03
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026 354,672,000 69,139,000 8,573,000 2,339,000 1,820,839,000 20,485,000 1,186,670,000
Mar 2026 330,959,000 63,669,000 2,328,000 -2,685,000 1,774,055,000 23,565,000 1,146,398,000
Dec 2025 316,352,000 61,941,000 9,485,000 15,164,000 1,742,029,000 21,246,000 1,115,750,000
Sep 2025 316,022,000 64,061,000 10,653,000 2,991,000 1,720,229,000 20,714,000 1,112,918,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$128,238,000
Investing CF
$-151,421,000
Financing CF
$24,491,000
CapEx
$-150,075,000
Dividends Paid
Buybacks
EPS Diluted TTM
$0.29
As of
2026-08-09

Balance + Analyst (yfinance extras)

Retained Earnings
$-34,736,000
Inventory
$7,801,000
Receivables
$6,813,000
ST Investments
EBIT TTM
$29,060,000
Pretax Income TTM
$10,028,000
Interest Exp TTM
$19,032,000
Analysts
11

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,318,004,992
EBITDA
$116,442,000
Free Cash Flow
$-42,843,376
Enterprise Value
$1,866,070,784
Total Cash
$20,485,000
Total Debt
$1,073,803,008
Shares Out
61,712,435
Trailing EPS
$0.28
Book Value
$10.28
ROE
2.9%
ROA
1.2%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 1,222,501,000 30,492,000 19,432,000 1,742,029,000 1,115,750,000 125,912,000
Dec 2024 1,015,910,000 42,019,000 18,925,000 1,514,356,000 918,967,000 115,673,000
Dec 2023 891,551,000 45,773,000 25,385,000 1,267,045,000 705,761,000 95,338,000
Dec 2022 730,162,000 20,346,000 6,907,000 1,104,446,000 581,311,000 62,937,000

TTM Snapshot

Revenues TTM
$815,114,000
NetIncome TTM
$8,359,000
OpCashFlow TTM
$0
Assets (Latest)
$1,514,356,000
Forward EPS
$0.25

Max Pain — expiry 2026-11-20

max pain strike: $12.50 · spot: $13.17 · call oi: 575 · put oi: 2,545
Expected Move to 2026-11-20: ±$3.08 (23.39%) — implied range $10.09$16.25 · ATM straddle on $12.50 strike

Peers — same industry

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HDL SUPER HI INTERNATIONAL HOLDING LTD. $823.71M $14.00
BH Biglari Holdings Inc. $798.45M $378.04
PZZA PAPA JOHNS INTERNATIONAL INC $792.75M $24.08
SG Sweetgreen, Inc. $751.11M $7.01
BLMN Bloomin' Brands, Inc. $979.50M $11.44

News headlines (Yahoo Finance, 1h cache)

2 Profitable Stocks to Target This Week and 1 We Brush Off
2026-08-20 10:27 · Yahoo
First Watch (FWRG) Q2 2026 Earnings Call Transcript
2026-08-11 18:10 · Yahoo
First Watch Restaurant Group Inc (FWRG) (Q2 2026) Earnings Call Highlights: Revenue Surges 15. ...
2026-08-04 19:01 · Yahoo
First Watch reports higher sales, raises outlook after solid Q2
2026-08-04 15:32 · Yahoo
First Watch Restaurant Group (FWRG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2026-08-04 14:30 · Yahoo
First Watch’s (NASDAQ:FWRG) Q2 CY2026: Beats On Revenue, Stock Soars
2026-08-04 11:33 · Yahoo
First Watch Restaurant Group, Inc. Reports Q2 2026 Financial Results
2026-08-04 11:00 · Yahoo
3 Reasons FWRG is Risky and 1 Stock to Buy Instead
2026-08-14 22:37 · Yahoo
Starbucks Stock Gains 27% YTD: Should You Buy, Sell or Hold?
2026-08-24 15:48 · Yahoo
5 Must-Read Analyst Questions From First Watch’s Q2 Earnings Call
2026-08-12 23:25 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.