business
First Watch revenue rises 17% to $331m in Q1 2026
Key takeaways
- However, for the 13-week period that ended 29 March 2026, the company’s net loss increased to $2.7m from $0.8m in Q1 2025.
- The company’s same-restaurant traffic in the quarter also declined by 2%, although same-restaurant sales rose 2.8%, indicating higher sales per location despite fewer visits.
- The restaurant chain’s system-wide sales across the brand increased 13.8% year-on-year.
First Watch revenue rises 17% to $331m in Q1 2026 Umesh Ellichipuram Wed, May 6, 2026 at 6:39 PM GMT+7 2 min read FWRG First Watch Restaurant Group’s total revenue for the first quarter (Q1) of 2026 was $331m, an increase of 17.3% compared to $282.2m recorded in Q1 2025.
However, for the 13-week period that ended 29 March 2026, the company’s net loss increased to $2.7m from $0.8m in Q1 2025.
The company’s same-restaurant traffic in the quarter also declined by 2%, although same-restaurant sales rose 2.8%, indicating higher sales per location despite fewer visits.
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