Company / Revenue
First Watch Restaurant Group, Inc. Revenue History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$1.2B
FY2025
5-year range
$342.4M / $1.2B
FY2021-FY2025
Trend
+20.3%
vs FY2024
Sector context
#191 of 222
Consumer Discretionary
What the data says
First Watch Restaurant Group, Inc.'s revenue of $1.2B is lower than 86% of companies in the Consumer Discretionary sector (FY2025). Revenue has increased for 3 consecutive years, from $342M in FY2022 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +29.0%.
Improved from $892M to $1.2B over the past 2 years.
Consumer Discretionary sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +52.8%
- 5-Year CAGR
- +29.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 14% in Consumer DiscretionaryTop 86% of 222This company $1.2B Sector average $13.3B
▼
-90.8% below sector average
Key checks
Key Insights
- First Watch Restaurant Group, Inc.'s revenue has grown for 3 consecutive years.
- 5-year CAGR of +29.0%, indicating consistent growth.
- In FY2025, revenue increased 20.3% year-over-year.
- Ranks #191 out of 222 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Altman Z-Score 0.92 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +20.3% |
| FY2024 | $1.0B | +13.9% |
| FY2023 | $891.6M | +160.4% |
| FY2022 | $342.4M | -21.5% |
| FY2021 | $436.4M | +27.4% |
| FY2020 | $342.4M | -21.5% |
| FY2019 | $436.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026