First Watch Restaurant Group Inc (FWRG) Annual Income Statement

Annual · GAAP · USD millions
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The data below summarizes First Watch Restaurant Group Inc's income statement results from Dec 26 2021 to Dec 28 2025, enabling period-by-period comparison of operating performance.
Annual Report, GAAP in USD millions
ITEM
(Dec 28 2025)
2025
(Dec 29 2024) (Dec 31 2023) (Dec 25 2022) (Dec 26 2021)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax1,222.50
Total Revenue1,222.50
Costs & Expenses
Cost of Goods and Services Sold188.69
Gross Profit1,033.82
Selling, Administration, Marketing128.95
Depreciation & Amortization75.01
(Gain) Loss on Sale of Assets and Asset Impairment Charges0.45
Other Operating Expense / -Income803.13
Pre-Opening Costs12.93
Total operating costs including COS1,194.99
Operating income / -loss27.51
Interest Expense0.00
Net Interest Expense / -Income0.00
Other loss / -income15.38
Total costs & expenses1,210.37
Income & Taxes
Income / -loss before income taxes12.13
Income taxes expenses / -benefit-7.30
Income after income taxes19.43
Net income / -loss of other equity0.00
Income / -loss from continuing operations19.43
Net income / -loss19.43
Income / -loss to shareholder19.43
EBIT12.13
EBITD87.14
EBITDA87.81
Earnings Per Share
Basic EPS (excl. extra items)0.32
Basic Net EPS0.32
Basic shares outstanding (Mill. of Units)60.96
Diluted Net EPS0.31
Diluted average shares (Mill. of Units)62.84
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About First Watch Restaurant Group Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 24, 2026
  • Original filing: fwrg-20251228.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.