First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.
Revenue of First Watch Restaurant Group, Inc. (FWRG)
Revenue in 2023 (TTM): $891.55 M
According to First Watch Restaurant Group, Inc.'s latest financial reports the company's current revenue (TTM) is $891.55 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of First Watch Restaurant Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $891.55 M | $190.12 M | $87.02 M | $36.08 M | $25.39 M |
| 2022 | $730.16 M | $139.54 M | $54.73 M | $12.59 M | $6.91 M |
| 2021 | $601.19 M | $127.55 M | $59.71 M | $370 K | $-2,107,000 |
| 2020 | $342.39 M | $29.88 M | $-4,287,000 | $-69,554,000 | $-49,681,000 |
| 2019 | $436.37 M | $87.41 M | $988 K | $-57,891,000 | $-45,472,000 |
| 2018 | $349.77 M | $71.36 M | $33.83 M | $-12,523,000 | $-12,296,000 |