First Watch Restaurant Group, Inc.(FWRG)— Stock Profile, AI Score & Financials

Consumer Discretionary · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .

First Watch Restaurant Group, Inc. (FWRG) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores FWRG at 51.9/100 on a 32-signal composite quality model, placing it at rank #1,501 of 2,962 stocks — the bottom half of the AI-ranked universe. FWRG scores in the top quartile across earnings quality (94.2), revenue growth (78.2). Areas of concern include institutional flow (12.4) and free cash flow (24.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), First Watch Restaurant Group, Inc. reports quarterly revenue of $354.7M, net income of $2.3M, an operating margin of 2.3%. Top institutional holders of FWRG by reported 13-F value include BlackRock, MANUFACTURERS LIFE INSURANCE COMPANY, THE, Bank of New York Mellon, based on the most recent SEC filings. FWRG trades on the Nasdaq exchange and files with the SEC under CIK 1789940. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FWRG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for First Watch Restaurant Group, Inc. directly from SEC EDGAR.

AI Quality Score

51.9/100

AI Rank

#1,501

Revenue

$354.7M

Net Income

$2.3M

Free Cash Flow

$-13.1M

Operating Margin

2.3%

FWRG key financials by period

First Watch Restaurant Group, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
PeriodFormRevenueNet incomeOperating margin
FY 202510-K$1.2B$19.4M2.3%
FY 202410-K$1.0B$18.9M3.8%
FY 202310-K$891.6M$25.4M4.6%
FY 202210-K$730.2M$6.9M2.3%
FY 202110-K$601.2M$-2.1M3.7%
FY 202010-K$342.4M$-49.7M-13.8%

Institutions holding FWRG

Institutional investors reporting a position in First Watch Restaurant Group, Inc. on SEC Form 13F.
InstitutionSharesValueReported
BlackRock4,534,132$58.4M2026-06-30
MANUFACTURERS LIFE INSURANCE COMPANY, THE3,823,982$49.3M2026-06-30
Bank of New York Mellon3,719,038$47.9M2026-06-30
DIMENSIONAL FUND ADVISORS2,596,946$33.5M2026-06-30
VANGUARD CAPITAL MANAGEMENT2,453,594$31.6M2026-06-30
MILLENNIUM MANAGEMENT2,192,811$28.3M2026-06-30
Neuberger Berman Group2,069,037$26.7M2026-06-30
GW&K Investment Management2,007,096$25.9M2026-06-30
Stephens Investment Management Group1,953,921$25.2M2026-06-30
Hodges Capital Management1,592,384$20.5M2026-06-30
FWRG

First Watch Restaurant Group, Inc.

FWRG
NasdaqSmall CapConsumer Discretionary

13F Pro Quality Score

51.9/100

Rank #1,501 of 2,962 stocks

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

78.2/100

Profitability

41.1/100

Balance Sheet

42.6/100

Earnings Quality

94.2/100

Free Cash Flow

24.0/100

Institutional Flow

12.4/100

Revenue Scale

55.4/100

Dilution Risk

60.8/100

Price Chart

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Key Metrics

Revenue

Q2 2026
EDGAR

$354.67M

Net Income

Q2 2026
EDGAR

$2.34M

EPS (Diluted)

Q2 2026
EDGAR

$0.04

Operating Margin

Q2 2026
EDGAR

2.3%

ROIC

Q2 2026
EDGAR

3.5%

Free Cash Flow

Q2 2026
EDGAR

$-13.06M

Debt/Equity

Q2 2026
EDGAR

0.46

Top Institutional Holders

as of Q2 2026
$849.77M total

Financial Trends

Revenue & Net Income

Earnings Per Share

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