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 | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restaurant sales | $1.31B | $1.26B | $1.21B | $1.16B | $1.09B | $1.04B | $1.00B | $984.77M | $951.30M | $908.43M | $877.09M | $818.90M | 99.2% | +19.5% |
| In-restaurant dining sales | $1.06B | $1.02B | $982.35M | $943.91M | $896.80M | $860.58M | $829.05M | $810.11M | $779.75M | $742.93M | $716.96M | $666.10M | 80.3% | +18.0% |
| Third-party delivery sales | $156.82M | $149.94M | $142.26M | $128.40M | $113.60M | $103.51M | $97.44M | $98.35M | $97.99M | $95.05M | $91.43M | $86.85M | 11.9% | +38.0% |
| Take-out sales | $92.17M | $89.44M | $87.57M | $86.53M | $83.76M | $80.55M | $77.86M | $76.32M | $73.56M | $70.45M | $68.70M | $65.95M | 7.0% | +10.0% |
| Franchise revenues | $10.78M | $10.49M | $10.33M | $10.61M | $10.86M | $11.06M | $11.56M | $12.48M | $13.55M | $14.16M | $14.46M | $13.76M | 0.8% | -0.8% |
| Royalty and system fund contributions | $10.53M | $9.87M | $9.71M | $9.98M | $10.23M | $10.44M | $10.86M | $11.56M | $12.22M | $13.11M | $13.46M | $12.95M | 0.8% | +2.9% |
| Initial fees | $246.00K | $219.00K | $225.00K | $229.00K | $233.00K | $238.00K | $278.00K | $300.00K | $393.00K | $413.00K | $388.00K | $409.00K | 0.0% | +5.6% |
| Business combinations - revenues recognized | – | – | $398.00K | $398.00K | $398.00K | $383.00K | $413.00K | $619.00K | $942.00K | $637.00K | $607.00K | – | – | – |
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.