FWRG Q4 2024 Earnings — First Watch Restaurant Group, Inc. Revenue & Financial Results | Market Cap Arena

FWRGFirst Watch Restaurant Group, Inc.

$767M

Q4 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$263M+7.6% YoY

Gross Profit

$51M19.5% margin

Operating Income

$4M1.5% margin

Net Income

$699,0000.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

-$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$919M

Stockholders' Equity

$595M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$263M	$245M	+7.6%
Gross Profit	$51M	$50M	+1.8%
Operating Income	$4M	$7M	-43.7%
Net Income	$699,000	$3M	-73.6%

Revenue Segments

Franchisor Owned Outlet

$516M49%

In-Restaurant Dining Sales

$427M41%

Third-Party Delivery Sales

$49M5%

Take-Out Sales

$40M4%

Franchise

$6M1%

Royalty And System Fund Contributions

$5M1%

Initial Fees

$119,0000%