Q3 FY2026 · ended Sep 27, 2026 · Revenue $349.86M, +10.7% YoY · Filed Nov 3, 2026
First Watch Restaurant Group, Inc. (FWRG) files with the SEC under industry code 5812, Retail-Eating Places. In Q3 of fiscal 2026, the quarter ended Sep 27, 2026, it reported revenue of $349.9 million and net income of $4.8 million. Free cash flow was $5.1 million. As of Sep 27, 2026 it held $21.1 million in cash and investments and $1.1 billion in total debt.
Revenue
$349.86M
+10.7% vs year-ago quarter
Net income
$4.79M
+60.0% vs year-ago quarter
Operating cash flow
$48.55M
+1.4% vs year-ago quarter
Free cash flow
$5.13M
-5.1% vs year-ago quarter
EPS
$0.08
+60.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
61.73M
+1.1% vs year-ago quarter
Net cash
$-1.07B
Q3 FY2026
Operating margin
2.2%
TTM
Company profile
- Industry
- Retail-Eating Places (SIC 5812)
- Listed as
- FWRG (Nasdaq)
- Fiscal year ends
- December 28
- Incorporated in
- DE
- Headquarters
- Bradenton, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1789940
Other Retail-Eating Places companies
- Mcdonalds Corp MCD
- Yum Brands Inc YUM
- Chipotle Mexican Grill Inc CMG
- Restaurant Brands International Inc. QSR
- Darden Restaurants Inc DRI
- Yum China Holdings, Inc. YUMC
- Aramark ARMK
- Texas Roadhouse, Inc. TXRH
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 27, 2026 |
Q2 FY2026 Jun 28, 2026 |
Q1 FY2026 Mar 29, 2026 |
Q4 FY2025 Dec 28, 2025 |
Q3 FY2025 Sep 28, 2025 |
|---|---|---|---|---|---|
| Revenue | $349.9M | $354.7M | $331.0M | $316.4M | $316.0M |
| Operating income | $11.0M | $8.1M | $999,000 | $9.0M | $10.1M |
| Net income | $4.8M | $2.3M | -$2.7M | $15.2M | $3.0M |
| Diluted EPS | $0.08 | $0.04 | -$0.04 | $0.24 | $0.05 |
| Operating cash flow | $48.5M | $27.4M | $34.5M | $18.5M | $47.9M |
| Free cash flow | $5.1M | -$13.1M | $5.1M | -$18.3M | $5.4M |
| Total assets | $1.9B | $1.8B | $1.8B | $1.7B | $1.7B |
| Total liabilities | $1.2B | $1.2B | $1.1B | $1.1B | $1.1B |
| Stockholders' equity | $643.8M | $634.2M | $627.7M | $626.3M | $607.3M |
| Cash and investments | $21.1M | $20.5M | $23.6M | $21.2M | $20.7M |
| Total debt | $1.1B | $1.1B | $1.0B | $1.0B | $982.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 3, 2026 | Nov 3, 2026 |
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 27, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 3, 2026 | Nov 3, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 4, 2026 | Aug 4, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 28, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 4, 2026 | Aug 4, 2026 |
All 385 First Watch Restaurant Group, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.