FWRG
First Watch Restaurant Group, Inc.Company Information
- Company Name
- First Watch Restaurant Group, Inc.
- CIK
- CIK0001789940
- Category
- Large accelerated filer
- Ticker: Exchange
- FWRG: Nasdaq
- Fiscal Year End
- December 28
- Owner Organization
- 07 Trade & Services
- SIC
- 5812
- SIC Description
- Retail-Eating Places
- Ticker
- FWRG
SEC filing data through
Insider Sentiment
- Last purchase
- 2025-05-12
- Last sale
- 2026-03-17
- Shares purchased (TTM)
- 15,000
- Shares sold (TTM)
- 14,161,642
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 63,044,579
- Shares outstanding
- 61,669,719
- Ownership
- 102.23%
Earnings Market Reaction
- Filing date
- 2026-08-04
- Price on filing date
- —
- 1-month reaction
- -2.27%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 20 | 24 | 21 | 21 | 19 | 19 | 33 | 51 | 45 | 43 | 50 | 40 | ||||||
| Accounts Receivable Net Current | 7 | 6 | 7 | 6 | 5 | 6 | 7 | 5 | 4 | 4 | 6 | 5 | ||||||
| Restricted Cash Current | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Inventory Net | 8 | 7 | 7 | 6 | 7 | 6 | 6 | 5 | 6 | 5 | 5 | 5 | ||||||
| Prepaid Expense Current | 11 | 12 | 8 | 7 | 8 | 11 | 7 | 7 | 8 | 9 | 7 | 5 | ||||||
| Derivative Assets Current | - | - | - | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | ||||||
| Other Assets Current | 2 | 2 | 6 | 4 | 3 | 3 | 2 | 4 | 3 | 1 | 2 | 3 | ||||||
| Assets Current | 48 | 52 | 49 | 44 | 43 | 44 | 56 | 73 | 67 | 63 | 71 | 59 | ||||||
| Goodwill | 420 | 420 | 420 | 420 | 420 | 399 | 399 | 399 | 399 | 361 | 360 | 357 | ||||||
| Intangible Assets Net Excluding Goodwill | 171 | 173 | 175 | 177 | 179 | 166 | 168 | 169 | 171 | 151 | 151 | 150 | ||||||
| Operating Lease Right Of Use Asset | 660 | 631 | 615 | 610 | 595 | 549 | 528 | 508 | 482 | 423 | 420 | 401 | ||||||
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 515 | 493 | 478 | 465 | 434 | 383 | 361 | 333 | 314 | 277 | 263 | 238 | ||||||
| Derivative Assets Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 0 | ||||||
| Other Assets Noncurrent | 7 | 5 | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 4 | 2 | 1 | ||||||
| Assets | 1,821 | 1,774 | 1,742 | 1,720 | 1,676 | 1,544 | 1,514 | 1,485 | 1,437 | 1,279 | 1,267 | 1,206 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Current | 10 | 10 | 9 | 7 | 8 | 8 | 7 | 7 | 7 | 6 | 6 | 6 | ||||||
| Accrued Liabilities Current | 47 | 44 | 38 | 50 | 48 | 41 | 40 | 44 | 39 | 32 | 36 | 34 | ||||||
| Employee Related Liabilities Current | 22 | 30 | 24 | 31 | 20 | 23 | 21 | 25 | 17 | 21 | 22 | 18 | ||||||
| Contract With Customer Liability Current | 4 | 4 | 7 | 3 | 4 | 3 | 6 | 2 | 3 | 3 | 5 | 3 | ||||||
| Operating Lease Liability Current | 79 | 76 | 75 | 73 | 68 | 57 | 56 | 48 | 46 | 41 | 40 | 43 | ||||||
| Notes Payable Current | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Derivative Liabilities Current | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | - | - | 0 | - | ||||||
| Liabilities Current | 178 | 177 | 167 | 177 | 158 | 142 | 138 | 134 | 119 | 106 | 115 | 110 | ||||||
| Operating Lease Liability Noncurrent | 702 | 673 | 651 | 645 | 629 | 579 | 556 | 534 | 504 | 444 | 441 | 420 | ||||||
| Long Term Debt And Capital Lease Obligations | 278 | 269 | 269 | 251 | 250 | 192 | 189 | 190 | 192 | 123 | 120 | 91 | ||||||
| Deferred Income Tax Liabilities Net | 21 | 21 | 22 | 34 | 32 | 31 | 32 | 32 | 32 | 28 | 25 | 24 | ||||||
| Derivative Liabilities | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 0 | 1 | - | ||||||
| Other Liabilities Noncurrent | 8 | 7 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Liabilities | 1,187 | 1,146 | 1,116 | 1,113 | 1,075 | 948 | 919 | 896 | 851 | 705 | 706 | 649 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Additional Paid In Capital | 669 | 665 | 661 | 657 | 654 | 651 | 649 | 646 | 642 | 639 | 634 | 631 | ||||||
| Retained Earnings Accumulated Deficit | -35 | -37 | -34 | -50 | -53 | -55 | -54 | -55 | -57 | -66 | -73 | -75 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -0 | -1 | -1 | -1 | -1 | -1 | -0 | -2 | 0 | 0 | -1 | 1 | ||||||
| Stockholders Equity | 634 | 628 | 626 | 607 | 601 | 596 | 595 | 589 | 586 | 574 | 561 | 557 | ||||||
| Liabilities And Stockholders Equity | 1,821 | 1,774 | 1,742 | 1,720 | 1,676 | 1,544 | 1,514 | 1,485 | 1,437 | 1,279 | 1,267 | 1,206 | ||||||
| Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization | 321 | 303 | 286 | 269 | 254 | 242 | 229 | 216 | 204 | 192 | 181 | 172 | ||||||
| Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Common Stock Shares Authorized | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | ||||||
| Common Stock Shares Issued | 62 | 62 | 61 | 61 | 61 | 61 | 61 | 61 | 60 | 60 | 60 | 60 | ||||||
| Shares Outstanding | 62 | 62 | 61 | 61 | 61 | 61 | 61 | 61 | 60 | 60 | 60 | 60 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialFirst Watch Restaurant Group, Inc. (FWRG) — SEC Financial Statements & Analysis
First Watch Restaurant Group, Inc. (FWRG) is a retail-eating places company, incorporated in DE. First Watch Restaurant Group, Inc. trades on Nasdaq as: FWRG. First Watch Restaurant Group, Inc. (FWRG)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04. Based on that filing, First Watch Restaurant Group, Inc. carries a market cap of $794.92M, a P/E ratio of 44.64x, a P/B ratio of 1.25x, a P/S ratio of 0.60x, an enterprise value of $1.05B, and an EV/EBITDA multiple of 9.41x. On profitability, it posts a gross margin of 100.95%, an operating margin of 2.14%, a net margin of 1.35%, a Return on Equity (ROE) of 2.88%, a Return on Assets (ROA) of 1.02%, and a Return on Invested Capital (ROIC) of 3.20%. Per share, it reports EPS of $0.29, diluted EPS of $0.29, free cash flow per share of $-0.34, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 19.27% year-over-year, net income growth of 335.64% year-over-year, and EPS growth of 330.95% year-over-year. On the balance sheet, it maintains a current ratio of 0.27x, a quick ratio of 0.16x, working capital of $-130.36M, a debt-to-equity ratio of 1.87x, a debt ratio of 0.65, an interest coverage ratio of 1.48x, free cash flow of $-20.88M (TTM), and net debt of $257.20M. Figures sourced from SEC EDGAR.
- Market Cap
- $794.92M
- P/E TTM
- 44.64x
- EPS TTM
- $0.29
- P/B TTM
- 1.25x
- ROE TTM
- 2.88%
- ROA TTM
- 1.02%
- Debt To Equity
- 1.87x
- Free Cash Flow TTM
- $-20.88M
- Net Revenue TTM Growth 1Y
- 19.27%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is First Watch Restaurant Group, Inc. in?
First Watch Restaurant Group, Inc. (FWRG) operates in the Retail-Eating Places industry.
What exchange does FWRG trade on?
First Watch Restaurant Group, Inc. (FWRG) trades on the Nasdaq.
Where is First Watch Restaurant Group, Inc. incorporated?
First Watch Restaurant Group, Inc. is incorporated in DE.
When was First Watch Restaurant Group, Inc. (FWRG)'s most recent SEC filing?
First Watch Restaurant Group, Inc. (FWRG)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04.
What is FWRG's market cap?
First Watch Restaurant Group, Inc. (FWRG) has a market capitalization of $794.92M as of 2026-06-30.
What is FWRG's P/E ratio?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month P/E ratio is 44.64x as of 2026-06-30.
What is FWRG's EPS (earnings per share)?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month EPS is $0.29 as of 2026-06-30.
What is FWRG's ROE (return on equity)?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month Return on Equity (ROE) is 2.88% as of 2026-06-30.
What is FWRG's ROA (return on assets)?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month Return on Assets (ROA) is 1.02% as of 2026-06-30.
What is FWRG's ROIC (return on invested capital)?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month Return on Invested Capital (ROIC) is 3.20% as of 2026-06-30.
What is FWRG's EV/EBITDA?
First Watch Restaurant Group, Inc. (FWRG)'s trailing twelve month EV/EBITDA is 9.41x as of 2026-06-30.