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First Watch Restaurant Group, Inc. FWRG Business Segments — Net loss

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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$744.67M-22.9%
Enterprise value$1.75B-1.4%
P/E42.4×-46.4×
P/S0.6×-0.3×

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:NetIncomeLoss.

The official record: First Watch Restaurant Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Watch Restaurant Group, Inc.'s business segments — net loss?
First Watch Restaurant Group, Inc. (FWRG) reported business segments — net loss of -$2.69M in Q1 2026.
How has First Watch Restaurant Group, Inc.'s business segments — net loss changed year-over-year?
First Watch Restaurant Group, Inc.'s business segments — net loss decreased by 223.9% year-over-year, from -$829K to -$2.69M.
What is the long-term trend for First Watch Restaurant Group, Inc.'s business segments — net loss?
Over 3 years (2022 to 2025), First Watch Restaurant Group, Inc.'s business segments — net loss has grown at a 41.2% compound annual growth rate (CAGR), from $6.91M to $19.43M.
What does business segments — net loss mean?
This metric indicates the amount by which the business segment's total expenses exceed its total revenues during a specific period. It serves as a primary indicator of the segment's inability to achieve profitability under current operational costs and revenue levels. Tracking this is essential for evaluating the financial sustainability and efficiency of the segment's business model.