SequelSEC

First Watch Restaurant Group, Inc. FWRG

Retail-Eating Places · CIK 0001789940 · Fiscal year ends 1228

AnnualQuarterlyTTM
Revenue
$1.32B
Fiscal year ended 2026-06-28
Operating income
$28.21M
Fiscal year ended 2026-06-28
Free cash flow
-$20.88M
Fiscal year ended 2026-06-28

First Watch Restaurant Group, Inc. (FWRG) reported revenue of $1.32B and net income of $17.81M for the fiscal year ended 2026-06-28. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from First Watch Restaurant Group, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Eating Places.

Income

First Watch Restaurant Group, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-28
Revenue$1.32B
Cost of revenueUnavailable
Gross profitUnavailable
Operating income$28.21M
Net income$17.81M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$10.03M
Income tax expense-$7.78M
Diluted EPS$0.29
Selling, general & administrativeUnavailable
General & administrative$144.22M
Selling & marketingUnavailable

Balance

First Watch Restaurant Group, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-28
Cash & equivalents$20.48M
Total assets$1.82B
Current assets$47.53M
Total liabilities$1.19B
Current liabilities$177.89M
Total equity incl. NCI$634.17M
Temporary (mezzanine) equityUnavailable
Inventory$7.80M
Accounts receivable$6.81M
Goodwill$420.21M
Long-term debt$277.69M
Accounts payable$10.28M

Cash flow

First Watch Restaurant Group, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-28
Operating cash flow$128.24M
Capital expenditures$149.12M
Investing cash flow-$151.42M
Financing cash flow$24.49M
Net change in cash$1.31M
Stock-based compensation$12.76M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$83.55M

Derived

First Watch Restaurant Group, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-28
Free cash flow-$20.88M
Gross marginUnavailable
Operating margin2.1%
FCF margin-1.6%
SBC / revenue1.0%
Current ratio0.27x
Revenue YoY growth19.3%
Net margin1.4%
R&D / revenueUnavailable
CapEx / revenue11.3%
Long-term debt / equity0.44x
Effective tax rate-77.6%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FWRG in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-06View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.