FWRG · XBRL financial data

First Watch Restaurant Group financial statements, every fiscal year

The same tables from 5 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 years (FWRG's year ends in late December)

In millions of dollars	FY 2021Dec 26, 2021	FY 2022Dec 25, 2022	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Revenue from contracts with customers	601	730	892	1,016	1,223
General and administrative	70	85	103	113	129
Operating income (loss)	22	17	41	39	28
Interest expense	20	5	8	13	17
Income tax expense (benefit)	2	6	11	9	(7)
Net income (loss)	(2)	7	25	19	19
Earnings per share, basic USD per share	(0.04)	0.12	0.43	0.31	0.32
Earnings per share, diluted USD per share	(0.04)	0.11	0.41	0.30	0.31
Weighted average shares, basic millions of shares	48	59	60	60	61
Weighted average shares, diluted millions of shares	48	60	61	62	63

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

In millions of dollars	FY 2021Dec 26, 2021	FY 2022Dec 25, 2022	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Cash and cash equivalents	52	50	50	33	21
Accounts receivable	4	6	6	7	7
Inventory	4	5	5	6	7
Total current assets	68	67	71	56	49
Property and equipment, net	165	—	—	—	—
Right-of-use asset	325	352	420	528	615
Goodwill	345	345	360	399	420
Total assets	1,047	1,104	1,267	1,514	1,742
Accounts payable	11	8	6	7	9
Accrued liabilities	16	23	36	40	38
Total current liabilities	97	100	115	138	167
Lease liability, non-current	330	366	441	556	651
Total liabilities	542	581	706	919	1,116
Accumulated deficit	(105)	(98)	(73)	(54)	(34)
Total stockholders' equity	504	523	561	595	626
Total liabilities and equity	1,047	1,104	1,267	1,514	1,742
Common shares outstanding (cover page) millions of shares	59	59	60	61	61

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

In millions of dollars	FY 2021Dec 26, 2021	FY 2022Dec 25, 2022	FY 2023Dec 31, 2023	FY 2024Dec 29, 2024	FY 2025Dec 28, 2025
Net income (loss)	(2)	7	25	19	19
Stock-based compensation	9	10	8	9	11
Net cash from operating activities	63	63	95	116	126
Purchases of property and equipment	35	62	85	128	157
Net cash from investing activities	(36)	(63)	(123)	(207)	(214)
Proceeds from issuing common stock	182	0	0	—	—
Net cash from financing activities	(14)	(2)	28	74	76
Net change in cash	13	(2)	0	(17)	(12)

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.