10-Q quarterly report · filed May 5, 2026

First Watch Restaurant Group, Inc. (FWRG) Q1 2026 10-Q Quarterly Report

Short answer

First Watch Restaurant Group, Inc. (FWRG) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 29, 2026. Quarterly revenue was $331M (up 17.3% year over year) with net income of −$3M.

Q1 2026 key financials · XBRL

Revenue
$331M
+17.3% YoY
Net income
−$3M
−223.9% YoY
Operating margin
0.3%
EPS (diluted)
−$0.04
−300.0% YoY

Source: XBRL data from the First Watch Restaurant Group, Inc. (FWRG) Q1 2026 10-Q on SEC EDGAR. USD.

First Watch Restaurant Group, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Consumer preference, inflation and recession risks
  • Food, labor, healthcare and supply-disruption cost risks
  • Growth risks from new restaurant openings, market expansion and franchisee performance
  • Outlook cautions on macroeconomic uncertainty, geopolitical conflicts and capital availability

Risk Factors

  • No new or changed risk factors; company reported no material changes from the 2025 Form 10-K
  • Regulatory compliance risk unchanged; certifications under Sarbanes-Oxley Sections 302 and 906 filed or furnished
  • Insider-trading compliance activity unchanged; no directors or officers adopted or terminated trading arrangements during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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