FWRG · XBRL financial data

First Watch Restaurant Group financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (FWRG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 29, 2024	Q4 FY24Dec 29, 2024	Q1 FY25Mar 30, 2025	Q2 FY25Jun 29, 2025	Q3 FY25Sep 28, 2025	Q4 FY25Dec 28, 2025	Q1 FY26Mar 29, 2026	Q2 FY26Jun 28, 2026	Q3 FY26Sep 27, 2026
Revenue from contracts with customers	245*	242	259	252	263*	282	308	316	316*	331	355	350
General and administrative	30*	28	27	28	31*	30	33	34	32*	40	39	35
Operating income (loss)	7*	12	16	6	4*	1	7	10	9*	1	8	11
Interest expense	2*	3	3	3	3*	3	4	5	5*	5	5	5
Income tax expense (benefit)	3*	3	5	1	0*	(1)	1	3	(11)*	(1)	1	2
Net income (loss)	25	7	9	2	1*	(1)	2	3	15*	(3)	2	5
Earnings per share, basic USD per share	—	0.12	0.15	0.03	0.01*	(0.01)	0.03	0.05	0.25*	(0.04)	0.04	0.08
Earnings per share, diluted USD per share	—	0.12	0.14	0.03	0.01*	(0.01)	0.03	0.05	0.23*	(0.04)	0.04	0.08
Weighted average shares, basic millions of shares	60*	60	60	60	61*	61	61	61	61*	61	62	62
Weighted average shares, diluted millions of shares	62*	62	62	62	63*	61	63	63	65*	61	62	63

Fiscal quarters (FWRG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 29, 2024	Q4 FY24Dec 29, 2024	Q1 FY25Mar 30, 2025	Q2 FY25Jun 29, 2025	Q3 FY25Sep 28, 2025	Q4 FY25Dec 28, 2025	Q1 FY26Mar 29, 2026	Q2 FY26Jun 28, 2026	Q3 FY26Sep 27, 2026
Cash and cash equivalents	50	43	45	51	33	19	19	21	21	24	20	21
Accounts receivable	6	4	4	5	7	6	5	6	7	6	7	7
Inventory	5	5	6	5	6	6	7	6	7	7	8	7
Total current assets	71	63	67	73	56	44	43	44	49	52	48	47
Right-of-use asset	420	423	482	508	528	549	595	610	615	631	660	674
Goodwill	360	361	399	399	399	399	420	420	420	420	420	420
Total assets	1,267	1,279	1,437	1,485	1,514	1,544	1,676	1,720	1,742	1,774	1,821	1,858
Accounts payable	6	6	7	7	7	8	8	7	9	10	10	10
Accrued liabilities	36	32	39	44	40	41	48	50	38	44	47	47
Total current liabilities	115	106	119	134	138	142	158	177	167	177	178	191
Lease liability, non-current	441	444	504	534	556	579	629	645	651	673	702	717
Total liabilities	706	705	851	896	919	948	1,075	1,113	1,116	1,146	1,187	1,215
Accumulated deficit	(73)	(66)	(57)	(55)	(54)	(55)	(53)	(50)	(34)	(37)	(35)	(30)
Total stockholders' equity	561	574	586	589	595	596	601	607	626	628	634	644
Total liabilities and equity	1,267	1,279	1,437	1,485	1,514	1,544	1,676	1,720	1,742	1,774	1,821	1,858
Common shares outstanding (cover page) millions of shares	60	60	60	61	61	61	61	61	61	62	62	62

Fiscal quarters (FWRG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 29, 2024	Q4 FY24Dec 29, 2024	Q1 FY25Mar 30, 2025	Q2 FY25Jun 29, 2025	Q3 FY25Sep 28, 2025	Q4 FY25Dec 28, 2025	Q1 FY26Mar 29, 2026	Q2 FY26Jun 28, 2026	Q3 FY26Sep 27, 2026
Net income (loss)	25	7	9	2	1*	(1)	2	3	15*	(3)	2	5
Stock-based compensation	2*	2	2*	2*	2*	2	3*	3*	3*	3	4*	4*
Net cash from operating activities	22*	25	32*	36*	23*	20	39*	48*	18*	34	27*	49*
Purchases of property and equipment	32*	29	30*	29*	41*	37	41*	42*	37*	29	41*	43*
Net cash from investing activities	(41)*	(32)	(103)*	(31)*	(41)*	(37)	(96)*	(43)*	(38)*	(30)	(41)*	(43)*
Proceeds from issuing common stock	year only	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	28*	1	73*	0*	(0)*	2	57*	(3)*	20*	(3)	10*	(5)*
Net change in cash	10*	(6)	2*	6*	(18)*	(15)	1*	2*	1*	2	(3)*	1*

SIC 5812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
First Watch Restaurant Group	21	350	49*	61.7M	—	Q3 FY26 10-QSep 27, 2026
Bloomin' Brands	67	1,016	91*	85.6M	—	Q2 FY26 10-QJun 28, 2026
Cracker Barrel Old Country Store	37	849*	114*	22.4M	—	Q4 FY26 10-KJul 31, 2026
Portillo's	21	199	18*	not reported	—	Q2 FY26 10-QJun 28, 2026
Sadot Group	0.1	not reported	not reported	1.3M	—	Q2 FY26 10-QJun 30, 2026
Jack in the Box	46	258	not reported	19.2M	—	Q3 FY26 10-QJul 5, 2026
Dave & Buster's Entertainment	16	544	47*	34.8M	—	Q2 FY26 10-QAug 4, 2026
BJs RESTAURANTS	14	389	31*	21.3M	—	Q2 FY26 10-QJun 30, 2026
Cannae Holdings	70	102	(5.2)*	43.4M	13.5 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.