First Watch Restaurant Group, Inc. (FWRG) operating KPIs
FWRGNasdaqRetail-Eating PlacesFiscal year ends December 28
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 4, 2026Score 11/3024% below fair value
$12.74+0.23 (+1.84%)
Close on Oct 30, 2026Market cap $786.22MP/E 43.9Yield –
KPIs
Operating metrics that drive First Watch Restaurant's business
| States of operation | Q2 26 | Q1 26 | Q3 25 | Q2 25 | Q1 25 | Q3 24 | Q2 24 | Q1 24 | Q3 23 | Q2 23 | Q1 23 | Q3 22 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| States of operation | 33 | 32 | 32 | 31 | 30 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | +6.5% |
| Restaurants | Q2 26 | Q1 26 | Q3 25 | Q2 25 | Q1 25 | Q3 24 | Q2 24 | Q1 24 | Q3 23 | Q2 23 | Q1 23 | Q3 22 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entity Operated Units | 586 | 572 | 548 | 531 | 498 | 466 | 459 | 432 | 402 | 381 | 370 | 356 | +10.4% |
| Franchised Units | 79 | 76 | 72 | 69 | 86 | 81 | 79 | 99 | 103 | 111 | 114 | 103 | +14.5% |
Counts and sizes First Watch Restaurant tags in the notes of its 10-K and 10-Q filings (XBRL), as of the end of each quarter. Breakdowns follow the company's own labels; at most 15 are shown per metric. A fuller KPI sheet built from earnings releases and presentations is on the way. See how companies compare on these metrics.