Stocktoria
First Watch Restaurant Group, Inc. FWRG
Nasdaq · XNAS · stock · Retail-Eating Places · website · IPO 2021-10-01
First Watch Restaurant Group, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $891.6M | $730.2M | $601.2M |
| Operating income | $27.5M | $38.9M | $41.3M | $16.9M | $22.2M |
| Interest expense | — | — | $8.1M | $5.2M | $20.1M |
| Income tax | -$7.3M | $9.1M | $10.7M | $5.7M | $2.5M |
| Net income | $19.4M | $18.9M | $25.4M | $6.9M | -$2.1M |
| EPS (diluted) | $0.31 | $0.30 | $0.41 | $0.11 | $-0.04 |
| Operating cash flow | $125.9M | $115.7M | $95.3M | $62.9M | $63.0M |
| Free cash flow | -$31.0M | -$12.2M | $12.0M | $718,000 | $27.7M |
| Cash & equivalents | $21.2M | $33.3M | $49.6M | $49.7M | $51.9M |
| Inventory | $7.2M | $6.1M | $5.4M | $5.0M | $4.0M |
| Total assets | $1.7B | $1.5B | $1.3B | $1.1B | $1.0B |
| Total liabilities | $1.1B | $919.0M | $705.8M | $581.3M | $542.5M |
| Shareholders' equity | $626.3M | $595.4M | $561.3M | $523.1M | $504.4M |
Source: SEC EDGAR filings · CIK 0001789940 · as of 2025-12-28. Facts from filings plus Stocktoria's own computed scores — not investment advice.