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Deferred Revenue at other companies

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Dine Brands GlobalDIN
$5.1M
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SweetgreenSG
$7.59M+20.9%
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Black Rock Coffee BarBRCB
$1.87M
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
$218.8M+5.9%
Starbucks logo
StarbucksSBUX
$5.63B-3.3%
CAVA Group logo
CAVA GroupCAVA

Other financials

Income statement

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Revenue$331.0M+17.3%
Operating income$999.0K-10.2%
Net income-$2.7M-224%
EPS (diluted)-$0.04-300%

Balance sheet

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Cash & equivalents$23.6M+26.6%
Total debt$1.0B+24.1%
Total equity$627.7M+5.3%
Total assets$1.8B+14.9%

Cash flow

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Operating cash flow$34.5M+71.1%
CapEx$29.3M-19.7%
Free cash flow$5.1M+131%

Valuation

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Market cap$766.47M-31.5%
Enterprise value$1.78B-13.2%
P/E43.6×-230×
P/S0.6×-0.4×

Profitability

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Operating margin2.2%-0.5pp
Net margin1.4%+0.4pp
FCF margin-2.6%

Returns & leverage

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Return on equity2.9%+1.0pp
Debt / equity1.6×+0.3×
Current ratio0.3×0.0×

Where this comes from

Reported directly by First Watch Restaurant Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: First Watch Restaurant Group, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 7:03 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001789940-26-000060
Line itemMARCH 29, 2026DECEMBER 28, 2025
Accounts payable$9,766$8,701
Accrued liabilities43,58438,496
Accrued compensation29,94324,281
Deferred revenues4,3146,778
Current portion of operating lease liabilities76,00475,034
Current portion of long-term debt13,35913,309
Interest rate swap liabilities, current520900
Total current liabilities177,490167,499

Item 1. Financial Statements (Unaudited)

FAQ

What is First Watch Restaurant Group, Inc.'s deferred revenue?
First Watch Restaurant Group, Inc. (FWRG) reported deferred revenue of $4.31M in Q1 2026.
How has First Watch Restaurant Group, Inc.'s deferred revenue changed year-over-year?
First Watch Restaurant Group, Inc.'s deferred revenue increased by 26.6% year-over-year, from $3.41M to $4.31M.
What is the long-term trend for First Watch Restaurant Group, Inc.'s deferred revenue?
Over 5 years (2020 to 2025), First Watch Restaurant Group, Inc.'s deferred revenue has grown at a 9.7% compound annual growth rate (CAGR), from $4.27M to $6.78M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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