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Operating Income at other companies

Cracker Barrel Old Country Store logo
Cracker Barrel Old Country StoreCBRL
$6.72M-54.8%
Sweetgreen logo
SweetgreenSG
-$34.35M-20.4%
Wingstop logo
WingstopWING
$50.41M+31.7%
BJ's Restaurants logo
BJ's RestaurantsBJRI
$10.62M-28.9%
Wendy's logo
Wendy'sWEN
$64.92M-21.9%
CAVA Group logo
CAVA GroupCAVA
$25.26M+60.8%

Other financials

Income statement

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Revenue$331.0M+17.3%
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:OperatingIncomeLoss.

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 operating income?
First Watch Restaurant Group, Inc. (FWRG) reported operating income of $999K in Q1 2026.
How has First Watch Restaurant Group, Inc.'s operating income changed year-over-year?
First Watch Restaurant Group, Inc.'s operating income decreased by 10.2% year-over-year, from $1.11M to $999K.
What is the long-term trend for First Watch Restaurant Group, Inc.'s operating income?
Over 4 years (2021 to 2025), First Watch Restaurant Group, Inc.'s operating income has grown at a 4.2% compound annual growth rate (CAGR), from $23.31M to $27.51M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.