
FWRG Earnings Date: Nov 3, 2026 (Estimated) — First Watch Restaurant Group, Inc.
NASDAQ · Consumer Discretionary · Restaurants
Updated
When is FWRG's next earnings date?
First Watch Restaurant Group, Inc. (FWRG) is expected to report Q3 2026 earnings on Tuesday, November 3, 2026 at 7:00 AM ET (before market open); the date is an estimate and has not been confirmed by the company. The consensus estimate is EPS of $0.03 on revenue of $349.0M.
How did FWRG do in its last earnings report?
In its most recent report on Aug 4, 2026 (Q2 2026), First Watch Restaurant Group, Inc. posted EPS of $0.04 versus the $0.05 estimate, a miss of 33.3%. Revenue was $354.7M against a $351.6M estimate. The stock's 1-day post-earnings move was +2.4%.
How much does FWRG stock move after earnings?
FWRG beat EPS estimates in 2 of its last 8 reported quarters. Over the last 8 reports the stock moved an average of 8.7% (up or down) in the day after earnings.
About First Watch Restaurant Group, Inc.
First Watch Restaurant Group, Inc. oversees and licenses restaurant operations under the First Watch brand. As of March 23, 2022, its extensive presence included 341 company-owned eateries and 94 franchised outlets, operating across 28 U.S. states. The enterprise, established in 1983 with its main office in Bradenton, Florida, previously traded as AI Fresh Super Holdco, Inc. before changing its designation to First Watch Restaurant Group, Inc. in December 2019.
Earnings History
| Date | Period | EPS Est. | EPS Act. | Surprise | Revenue | Result | 1D Δ | 1W Δ | 1M Δ |
|---|---|---|---|---|---|---|---|---|---|
| 2026-08-04 | Q2 2026 | 0.05 | 0.04 | -33.33% | $354.7M | ❌ Miss | +2.40% | -3.76% | -3.40% |
| 2026-05-05 | Q1 2026 | -0.03 | -0.04 | -33.33% | $331.0M | ❌ Miss | -0.25% | -4.34% | -13.76% |
| 2026-02-24 | Q4 2025 | 0.07 | 0.24 | +242.86% | $316.4M | ✅ Beat | -20.52% | -19.61% | -26.06% |
| 2025-11-04 | Q3 2025 | 0.07 | 0.05 | -28.57% | $316.0M | ❌ Miss | +11.04% | +11.55% | +13.12% |
| 2025-08-05 | Q2 2025 | 0.07 | 0.03 | -57.14% | $307.9M | ❌ Miss | +3.54% | +2.96% | +6.55% |
| 2025-03-11 | Q4 2024 | 0.03 | 0.01 | -66.67% | $263.3M | ❌ Miss | -7.02% | -10.33% | -15.69% |
| 2024-11-07 | Q3 2024 | 0.04 | 0.03 | -25.00% | $251.6M | ❌ Miss | +14.14% | +6.36% | +5.92% |
| 2024-08-06 | Q2 2024 | 0.13 | 0.14 | +7.69% | $258.6M | ✅ Beat | +11.06% | +13.59% | +11.27% |
Showing last 8 quarters.
Revenue by segment & region
By segment
Q2 FY26 · $709.3M total
| Segment | Share | Revenue | YoY | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 |
|---|---|---|---|---|---|---|---|
| Franchisor Owned Outlet | 49.6% | $351.5M | +15.2% | $516.1M | $279.6M | $305.0M | $313.6M |
| In-Restaurant Dining Sales | 40.1% | $284.3M | +14.9% | $426.8M | — | $247.4M | $254.2M |
| Third-Party Delivery Sales | 5.8% | $41.3M | +20.0% | $49.1M | — | $34.5M | $37.2M |
| Take-Out Sales | 3.6% | $25.8M | +11.8% | $40.1M | — | $23.1M | $22.3M |
| Franchise | 0.4% | $3.2M | +9.9% | $5.8M | $2.6M | $2.9M | $2.4M |
| Royalty And System Fund Contributions | 0.4% | $3.1M | +26.8% | $5.3M | — | $2.5M | $2.3M |
| Initial Fees | 0.0% | $82K | +49.1% | $119K | — | $55K | $53K |
Source: company filings via FMP. YoY compares the same fiscal period a year earlier.