FWRG FY 2023 Earnings — First Watch Restaurant Group, Inc. Revenue & Financial Results | Market Cap Arena

FWRGFirst Watch Restaurant Group, Inc.

$767M

FY 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$892M+22.1% YoY

Gross Profit

$190M21.3% margin

Operating Income

$41M4.6% margin

Net Income

$25M2.8% margin

EPS (Diluted)

$0.41

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$11M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$706M

Stockholders' Equity

$561M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$892M	$730M	+22.1%
Gross Profit	$190M	$140M	+36.3%
Operating Income	$41M	$17M	+144.0%
Net Income	$25M	$7M	+267.5%