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Net Income at other companies

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Noodles & CompanyNDLS
-$3.95M+77.5%

Segments

By segment

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Reportable Segment-$2.69M-224%

Other financials

Income statement

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Revenue$331.0M+17.3%
Operating income$999.0K-10.2%
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$768.32M-29.2%
Enterprise value$1.78B-12.1%
P/E43.7×-222×
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:NetIncomeLoss.

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 itemTHIRTEEN WEEKS ENDED / MARCH 29, 2026THIRTEEN WEEKS ENDED / MARCH 30, 2025
Other income, net345684
Loss before income taxes(3,434)(1,537)
Income tax benefit749708
Net loss$(2,685)$(829)
Net loss$(2,685)$(829)
Other comprehensive income (loss):
Unrealized gain (loss) on derivatives736(883)
Income tax related to other comprehensive income (loss)(182)220

Item 1. Financial Statements (Unaudited)

FAQ

What is First Watch Restaurant Group, Inc.'s net income?
First Watch Restaurant Group, Inc. (FWRG) reported net income of -$2.69M in Q1 2026.
How has First Watch Restaurant Group, Inc.'s net income changed year-over-year?
First Watch Restaurant Group, Inc.'s net income 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 net income?
Over 4 years (2021 to 2025), First Watch Restaurant Group, Inc.'s net income has grown at a 74.3% compound annual growth rate (CAGR), from -$2.11M to $19.43M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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