Income Statement
FIRST WATCH RESTAURANT GROUP, INC.
FWRG
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
1,222.50 | 1,015.91 | 891.55 | 730.16 | 601.19 |
|
Cost of Revenue
|
- | - | - | - | - |
|
Gross Profit
|
1,222.50 | 1,015.91 | 891.55 | 730.16 | 601.19 |
|
Operating Expenses
|
128.95 | 113.27 | 103.12 | 84.96 | 70.39 |
|
Research & Development
|
- | - | - | - | - |
|
Selling, General & Administrative
|
128.95 | 113.27 | 103.12 | 84.96 | 70.39 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
1,093.55 | 902.64 | 788.43 | 645.20 | 530.81 |
|
Non-Operating Income
|
1.32 | 1.76 | 2.87 | 0.91 | -1.77 |
|
Interest Income
|
- | - | - | - | - |
|
Interest Expense
|
18.66 | 14.26 | 8.06 | 5.23 | 20.10 |
|
Other Non-Op Income / Expense
|
- | - | - | - | - |
|
Income Before Tax
|
12.13 | 28.03 | 36.08 | 12.59 | 0.37 |
|
Income Tax Expense
|
-7.30 | 9.10 | 10.69 | 5.68 | 2.48 |
|
Non-Controlling Interest
|
- | - | - | - | 0.00 |
|
Net Income
|
19.43 | 18.93 | 25.39 | 6.91 | -2.11 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
1,168.56 | 960.36 | 829.65 | 679.43 | 563.18 |
|
Earnings Per Share (Basic)
|
0.32 | 0.31 | 0.43 | 0.12 | -0.04 |
|
Diluted EPS
|
0.31 | 0.30 | 0.41 | 0.11 | -0.04 |
|
Weighted Average Shares
|
60.96 | 60.37 | 59.53 | 59.10 | 48.21 |
|
Diluted Weighted Avg Shares
|
62.84 | 62.35 | 61.19 | 60.14 | 48.21 |
|
Comprehensive Income
|
18.78 | 19.15 | 24.72 | 6.91 | -2.11 |