First Watch Restaurant Group annual ebitda
2019
2020
2021
2022
2023
2024
2025
First Watch Restaurant Group EBITDA Growth & History (FWRG)
First Watch Restaurant Group's calculated EBITDA was $102.5M for fiscal 2025.
View full First Watch Restaurant Group company overviewFirst Watch Restaurant Group annual ebitda history
| Fiscal year | Period ended | EBITDA | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-28 | $102.5M | $5.9M | +6.11% |
| 2024 | 2024-12-29 | $96.6M | $14.1M | +17.13% |
| 2023 | 2023-12-31 | $82.5M | $31.3M | +61.29% |
| 2022 | 2022-12-25 | $51.1M | −$3.5M | −6.37% |
| 2021 | 2021-12-26 | $54.6M | $71.1M | — |
| 2020 | 2020-12-27 | −$16.5M | −$7.0M | — |
| 2019 | 2019-12-29 | −$9.5M | — | — |
First Watch Restaurant Group quarterly ebitda
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $30.0M | $4.5M | +17.75% |
| Q1 2026 | 2026-03-29 | $22.4M | $4.7M | +26.74% |
| Q4 2025 | 2025-12-28 | $29.7M | $10.1M | +51.36% |
| Q3 2025 | 2025-09-28 | $29.7M | $8.2M | +38.41% |
| Q2 2025 | 2025-06-29 | $25.4M | −$5.5M | −17.86% |
| Q1 2025 | 2025-03-30 | $17.7M | −$6.9M | −28.04% |
| Q4 2024 | 2024-12-29 | $19.6M | $530,000 | +2.78% |
| Q3 2024 | 2024-09-29 | $21.5M | $3.3M | +18.13% |
| Q2 2024 | 2024-06-30 | $31.0M | $10.2M | +49.07% |
| Q1 2024 | 2024-03-31 | $24.6M | $109,000 | +0.45% |
| Q4 2023 | 2023-12-31 | $19.1M | $8.7M | +83.40% |
| Q3 2023 | 2023-09-24 | $18.2M | $6.9M | +60.81% |
| Q2 2023 | 2023-06-25 | $20.8M | $7.3M | +54.49% |
| Q1 2023 | 2023-03-26 | $24.4M | $8.5M | +52.96% |
| Q4 2022 | 2022-12-25 | $10.4M | $3.1M | +41.65% |
| Q3 2022 | 2022-09-25 | $11.3M | −$4.1M | −26.41% |
| Q2 2022 | 2022-06-26 | $13.5M | −$6.8M | −33.69% |
| Q1 2022 | 2022-03-27 | $16.0M | $4.4M | +37.42% |
| Q4 2021 | 2021-12-26 | $7.3M | $8.1M | — |
| Q3 2021 | 2021-09-26 | $15.4M | — | — |
| Q2 2021 | 2021-06-27 | $20.3M | — | — |
| Q1 2021 | 2021-03-28 | $11.6M | — | — |
| Q3 2020 | 2020-09-27 | −$767,000 | — | — |
First Watch Restaurant Group ebitda trends
Over the last five reported fiscal years, First Watch Restaurant Group's ebitda increased from −$16.5M to $102.5M, a change of $119.0M. The latest reported quarter, Q2 2026, shows $30.0M.
About the metric
What EBITDA means
EBITDA is a measure of operating performance before interest, taxes, depreciation, and amortization. It can help compare operating results, but it is not a substitute for cash flow or GAAP net income.
Calculation and source
How TickerStat calculates EBITDA
TickerStat calculates EBITDA as operating income plus reported depreciation and amortization for aligned fiscal periods. It is calculated data, not adjusted EBITDA or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Watch Restaurant Group filings at SEC.gov ↗