FWRGNasdaqRetail-Eating PlacesFiscal year ends December 28
First Watch Restaurant Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 4, 2026
$12.16+0.04 (+0.33%)
Close on Oct 19, 2026
- Market cap
- $757.53M
- P/E (TTM)
- 41.9
- Dividend yield
- –
First Watch Restaurant Group, Inc. revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Restaurant sales | $1.21B | $1.00B | $877.09M | $719.18M | $592.34M | $337.43M | $429.31M | 99.2% | +20.7% |
| In-restaurant dining sales | $982.35M | $829.05M | $716.96M | $571.05M | $452.99M | $257.03M | $400.35M | 80.4% | +18.5% |
| Third-party delivery sales | $142.26M | $97.44M | $91.43M | $82.05M | $70.49M | $38.52M | $2.65M | 11.6% | +46.0% |
| Take-out sales | $87.57M | $77.86M | $68.70M | $66.08M | $68.87M | $41.88M | $26.32M | 7.2% | +12.5% |
| Franchise revenues | $10.33M | $11.56M | $14.46M | $10.98M | $8.85M | $4.96M | $7.06M | 0.8% | -10.6% |
| Royalty and system fund contributions | $9.71M | $10.86M | $13.46M | $10.68M | $8.58M | $4.62M | $6.63M | 0.8% | -10.7% |
| Business combinations - revenues recognized | $398.00K | $413.00K | $607.00K | $0 | $0 | – | – | 0.0% | -3.6% |
| Initial fees | $225.00K | $278.00K | $388.00K | $298.00K | $275.00K | $340.00K | $436.00K | 0.0% | -19.1% |
By region
From the segment and revenue-disaggregation notes of First Watch Restaurant's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.