First Watch Restaurant Group, Inc. (FWRG) Profit Margins
Over the twelve months to 2026-06-30, First Watch Restaurant Group, Inc. (FWRG) had gross margin 13.1%, operating margin 2.1%, net margin 1.4%, free cash flow margin -1.6%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 672.0M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
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- Next earnings
- 3 Nov, in 9 days
| Line | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Jun 26 | Trend |
|---|---|---|---|---|---|---|---|
| Gross margin | 15.4% | 14.0% | 16.2% | 15.0% | 12.8% | 13.1% | |
| Operating margin | 3.7% | 2.3% | 4.6% | 3.8% | 2.3% | 2.1% | |
| Net margin | -0.4% | 0.9% | 2.8% | 1.9% | 1.6% | 1.4% | |
| FCF margin | 4.6% | 0.1% | 1.3% | -1.2% | -2.5% | -1.6% |
USD billions · SEC XBRL
First Watch Restaurant Group, Inc. — questions
- What is First Watch Restaurant Group, Inc.'s gross margin?
- 13.1% over the twelve months to 2026-06-30.
- What is First Watch Restaurant Group, Inc.'s operating margin?
- 2.1% over the twelve months to 2026-06-30.
- What is First Watch Restaurant Group, Inc.'s net profit margin?
- 1.4% over the twelve months to 2026-06-30.
Every figure on this page comes from First Watch Restaurant Group, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.