First Watch Restaurant Group, Inc. FWRG Initial fees — Total revenues

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Questions, answered.

What is First Watch Restaurant Group, Inc.'s initial fees — total revenues?

First Watch Restaurant Group, Inc. (FWRG) reported initial fees — total revenues of $56K in Q1 2026.

How has First Watch Restaurant Group, Inc.'s initial fees — total revenues changed year-over-year?

First Watch Restaurant Group, Inc.'s initial fees — total revenues decreased by 9.7% year-over-year, from $62K to $56K.

What is the long-term trend for First Watch Restaurant Group, Inc.'s initial fees — total revenues?

Over 4 years (2021 to 2025), First Watch Restaurant Group, Inc.'s initial fees — total revenues has grown at a -4.9% compound annual growth rate (CAGR), from $275K to $225K.

What does initial fees — total revenues mean?

This metric represents the total revenue recognized from one-time franchise development fees paid by franchisees upon the execution of a franchise agreement. It serves as a key indicator of the company's expansion velocity and the demand for new restaurant openings within the franchise network. Monitoring this revenue stream helps investors assess the health of the brand's growth pipeline and the effectiveness of its franchising strategy.