FWRG Shares Outstanding History — First Watch Restaurant Group Share Count Over Time

As of 7/31/2026 First Watch Restaurant Group has 61.71 million FWRG shares outstanding. Investors often track the FWRG shares outstanding history to compare shareholder return trends against the change in share count over time.

This page shows FWRG share count trends over time, with 15 historical shares outstanding datapoints presented, dating back to 11/3/2022.

Quick links: Shares Outstanding History Table  |  Shares Outstanding History Chart  |  About First Watch Restaurant Group
FWRG Shares Outstanding History



Below is a table of the FWRG shares outstanding history going back to 11/3/2022:

Date FWRG Shares Outstanding
11/3/202259.20M
4/28/202359.36M
7/28/202359.52M
10/30/202359.82M
3/1/202459.91M
5/3/202460.37M
8/2/202460.41M
11/5/202460.57M
3/7/202560.70M
5/2/202560.99M
8/1/202561.02M
10/31/202561.03M
2/20/202661.14M
5/1/202661.64M
7/31/202661.71M

Also see: FWRG Market Cap History
FWRG YTD Return
FWRG Historical Shares Outstanding:
+1.12% CAGR
FWRG Historical Shares Outstanding: +1.12% CAGR

Mouse over chart for data details
11/3/2022 ...7/31/2026
First Watch Restaurant Group, Inc. is a daytime dining concept company. Co. is engaged in serving made-to-order breakfast, brunch and lunch using fresh ingredients. Co.'s menu includes elevated executions of classic favorites along with its specialties, such as Quinoa Power Bowl, Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and Million Dollar Bacon. Co. operates approximately 520 First Watch restaurants in 29 states. We show 15 historical shares outstanding datapoints in our coverage of FWRG's shares outstanding history.

Understanding the changing numbers of FWRG shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like FWRG versus peers — is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching FWRG by allowing them to research FWRG shares outstanding history as well as any other stock in our coverage universe.
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Video: Shares Outstanding Importance
First Watch Restaurant Group (FWRG) is categorized under the Services sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:

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