Serves made-to-order breakfast, brunch and lunch using fresh ingredients.
Jun 2026Revenue $1.32B/yrExpenses $1.29B/yr
Reached break-even Jun 2021
Figures by year
When did First Watch Restaurant Group become profitable?
Its revenue passed its expenses in Jun 2021. In the 12 months to Jun 2026, revenue was $1.32B and expenses $1.29B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.22B | $1.19B | $27.5M |
| Dec 2024 | $1.02B | $977M | $38.9M |
| Dec 2023 | $892M | $850M | $41.3M |
| Dec 2022 | $730M | $713M | $16.9M |
| Dec 2021 | $601M | $579M | $22.2M |
| Dec 2020 | $342M | $390M | −$47.2M |
| Dec 2019 | $436M | $474M | −$37.6M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.