First Watch Restaurant Group, Inc. financial data

Symbol
FWRG on Nasdaq
Location
Bradenton, FL
Fiscal year end
28 December
Latest financial report
10-Q - Q3 2025 - 04 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 30% % -48%
Quick Ratio 4% % -8.6%
Debt-to-equity 169% % 24%
Return On Equity 1% % -89%
Return On Assets 0% % -90%
Operating Margin 2% % -55%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 61,032,105 shares 0.76%
Common Stock, Shares, Outstanding 61,032,105 shares 0.79%
Entity Public Float $570,400,000 USD 46%
Common Stock, Value, Issued $610,000 USD 0.66%
Weighted Average Number of Shares Outstanding, Basic 61,027,278 shares 0.99%
Weighted Average Number of Shares Outstanding, Diluted 62,834,080 shares 1.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,169,440,000 USD 17%
General and Administrative Expense $127,893,000 USD 14%
Costs and Expenses $1,147,103,000 USD 20%
Operating Income (Loss) $22,337,000 USD -47%
Nonoperating Income (Expense) $1,237,000 USD -52%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $8,451,000 USD -74%
Income Tax Expense (Benefit) $3,484,000 USD -71%
Net Income (Loss) Attributable to Parent $4,967,000 USD -89%
Earnings Per Share, Basic 0 USD/shares -77%
Earnings Per Share, Diluted 0 USD/shares -76%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $20,714,000 USD -59%
Accounts Receivable, after Allowance for Credit Loss, Current $5,506,000 USD 12%
Inventory, Net $6,486,000 USD 22%
Other Assets, Current $4,298,000 USD 2.8%
Assets, Current $43,716,000 USD -40%
Operating Lease, Right-of-Use Asset $609,820,000 USD 20%
Intangible Assets, Net (Excluding Goodwill) $177,235,000 USD 4.7%
Goodwill $420,208,000 USD 5.4%
Other Assets, Noncurrent $4,657,000 USD 38%
Assets $1,720,229,000 USD 16%
Accounts Payable, Current $7,231,000 USD 5.2%
Employee-related Liabilities, Current $30,564,000 USD 21%
Accrued Liabilities, Current $49,831,000 USD 14%
Contract with Customer, Liability, Current $2,637,000 USD 11%
Liabilities, Current $176,767,000 USD 32%
Long-term Debt and Lease Obligation $250,988,000 USD 32%
Deferred Income Tax Liabilities, Net $33,787,000 USD 4.8%
Operating Lease, Liability, Noncurrent $645,455,000 USD 21%
Other Liabilities, Noncurrent $5,009,000 USD 58%
Liabilities $1,112,918,000 USD 24%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,132,000 USD 54%
Retained Earnings (Accumulated Deficit) $49,554,000 USD 9.1%
Stockholders' Equity Attributable to Parent $607,311,000 USD 3.1%
Liabilities and Equity $1,720,229,000 USD 16%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $20,138,000 USD -19%
Net Cash Provided by (Used in) Financing Activities $1,762,000 USD 214%
Net Cash Provided by (Used in) Investing Activities $36,605,000 USD -14%
Common Stock, Shares Authorized 300,000,000 shares 0%
Common Stock, Shares, Issued 61,032,105 shares 0.79%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $14,705,000 USD -128%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $20,714,000 USD -59%
Interest Paid, Excluding Capitalized Interest, Operating Activities $3,072,000 USD 11%
Deferred Tax Assets, Valuation Allowance $57,664,000 USD 20%
Operating Lease, Liability $611,280,000 USD 27%
Payments to Acquire Property, Plant, and Equipment $36,558,000 USD 28%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $6,319,000 USD -85%
Lessee, Operating Lease, Liability, to be Paid $1,014,164,000 USD 20%
Operating Lease, Liability, Current $72,785,000 USD 53%
Lessee, Operating Lease, Liability, to be Paid, Year Two $75,245,000 USD 24%
Lessee, Operating Lease, Liability, to be Paid, Year One $57,876,000 USD 38%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) $1,197,000 USD -153%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $402,884,000 USD 10%
Lessee, Operating Lease, Liability, to be Paid, Year Three $75,376,000 USD 25%
Deferred Tax Assets, Operating Loss Carryforwards $17,462,000 USD -24%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $74,728,000 USD 25%
Operating Lease, Payments $16,373,000 USD 16%
Additional Paid in Capital $657,387,000 USD 1.8%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance $185,262,000 USD 17%
Share-based Payment Arrangement, Expense $8,900,000 USD 11%
Interest Expense $8,755,000 USD 43%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%