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 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restaurant sales | $351.48M | $328.15M | $313.96M | $313.64M | $304.98M | $279.59M | $260.63M | $248.97M | $255.46M | $239.31M | $241.04M | $215.50M | 99.1% | +15.2% |
| In-restaurant dining sales | $284.30M | $265.72M | $254.07M | $254.16M | $247.40M | $226.73M | $215.63M | $207.05M | $211.18M | $195.20M | $196.68M | $176.70M | 80.2% | +14.9% |
| Third-party delivery sales | $41.34M | $39.69M | $38.62M | $37.16M | $34.47M | $32.01M | $24.76M | $22.37M | $24.38M | $25.94M | $25.67M | $22.01M | 11.7% | +20.0% |
| Take-out sales | $25.84M | $22.73M | $21.27M | $22.32M | $23.12M | $20.86M | $20.24M | $19.55M | $19.91M | $18.17M | $18.69M | $16.79M | 7.3% | +11.8% |
| Franchise revenues | $3.19M | $2.81M | $2.39M | $2.39M | $2.90M | $2.65M | $2.67M | $2.64M | $3.10M | $3.14M | $3.59M | $3.72M | 0.9% | +9.9% |
| Royalty and system fund contributions | $3.11M | $2.76M | $2.33M | $2.33M | $2.45M | $2.59M | $2.61M | $2.59M | $2.66M | $3.01M | $3.30M | $3.24M | 0.9% | +26.8% |
| Initial fees | $82.00K | $56.00K | $55.00K | $53.00K | $55.00K | $62.00K | $59.00K | $57.00K | $60.00K | $102.00K | $81.00K | $150.00K | 0.0% | +49.1% |
| Business combinations - revenues recognized | $0 | – | $0 | $0 | $398.00K | $0 | $0 | $0 | $383.00K | $30.00K | $206.00K | $323.00K | 0.0% | -100.0% |
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.