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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
US Market

First Watch Restaurant Group (FWRG) Income Statement

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First Watch Restaurant Group Income Statement

Last quarter (Q4 2023), First Watch Restaurant Group's total revenue was $244.63M, an increase of 25.29% from the same quarter last year. In Q4, First Watch Restaurant Group's net income was $2.65M. See First Watch Restaurant Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Jan 23Dec 22Dec 21Dec 20
Total Revenue
$ 779.80M$ 891.55M$ 774.70M$ 719.18M$ 601.19M$ 342.39M
Cost of Revenue
$ 561.15M$ 691.11M$ 124.56M$ 582.70M$ 473.65M$ 308.63M
Gross Profit
$ 323.77M$ 200.44M$ 650.15M$ 147.46M$ 127.55M$ 33.76M
Operating Expense
$ 189.54M$ 151.52M$ 277.20M$ 124.60M$ 106.08M$ 80.93M
Operating Income
$ 126.57M$ 41.27M$ 372.95M$ 22.86M$ 21.47M$ -47.16M
Net Non Operating Interest Income Expense
$ -6.24M$ -8.06M$ -336.00K$ -5.23M$ -20.10M$ -22.82M
Other Income Expense
$ -1.15M$ -1.51M-$ 10.00K$ -999.00K$ 426.00K
Pretax Income
$ 19.98M$ 36.08M$ 372.61M$ 12.59M$ 370.00K$ -69.55M
Tax Provision
$ 6.10M$ 10.69M$ 968.00K$ 5.68M$ 2.48M$ -19.87M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 118.34M$ 25.39M$ 371.64M$ 6.91M$ -2.11M$ -49.68M
Basic EPS
$ 0.18$ 0.43$ -0.58$ 0.12$ -0.04$ -0.94
Diluted EPS
$ 0.18$ 0.41$ -0.58$ 0.11$ -0.04$ -0.94
Basic Average Shares
$ 204.26M$ 59.53M$ 24.97M$ 59.10M$ 48.21M$ 57.63M
Diluted Average Shares
$ 209.47M$ 61.19M$ 24.97M$ 60.14M$ 48.21M$ 57.63M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
----$ 55.43M$ 49.45M
Total Expenses
$ 750.69M$ 842.63M$ 401.75M$ 707.30M$ 579.73M$ 389.55M
Net Income From Continuing And Discontinued Operation
$ 14.12M$ 25.39M$ 371.64M$ 6.91M$ -2.11M$ -49.68M
Normalized Income
$ 20.83M$ 31.96M-$ 10.87M$ -2.67M$ -49.64M
Interest Expense
----$ 20.10M$ 22.82M
EBIT
$ 26.22M$ 44.14M$ 372.95M$ 17.82M$ 20.47M$ -46.74M
EBITDA
$ 54.10M$ 105.41M$ 393.05M$ 68.62M$ 52.85M$ -16.01M
Currency in USD

First Watch Restaurant Group Earnings and Revenue History

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