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First Watch Restaurant Group, Inc. FWRG Total Liabilities & Equity

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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$766.47M-29.2%
Enterprise value$1.78B-12.1%
P/E43.6×-221×
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:LiabilitiesAndStockholdersEquity.

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
Equity:
Preferred stock; $0.01 par value; 10,000,000 shares authorized; none issued and outstanding
Common stock; $0.01 par value; 300,000,000 shares authorized; 61,625,155 and 61,131,978 shares issued and outstanding at March 29, 2026 and December 28, 2025, respectively616611
Additional paid-in capital664,657661,153
Accumulated deficit(37,075)(34,390)
Accumulated other comprehensive loss(541)(1,095)
Total equity627,657626,279
Total liabilities and equity$1,774,055$1,742,029

Item 1. Financial Statements (Unaudited)

FAQ

What is First Watch Restaurant Group, Inc.'s total liabilities & equity?
First Watch Restaurant Group, Inc. (FWRG) reported total liabilities & equity of $1.77B in Q1 2026.
How has First Watch Restaurant Group, Inc.'s total liabilities & equity changed year-over-year?
First Watch Restaurant Group, Inc.'s total liabilities & equity increased by 14.9% year-over-year, from $1.54B to $1.77B.
What is the long-term trend for First Watch Restaurant Group, Inc.'s total liabilities & equity?
Over 5 years (2020 to 2025), First Watch Restaurant Group, Inc.'s total liabilities & equity has grown at a 11.6% compound annual growth rate (CAGR), from $1.01B to $1.74B.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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