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Side-by-side financial comparison of First Watch Restaurant Group, Inc. (FWRG) and IDEAYA Biosciences, Inc. (IDYA). Click either name above to swap in a different company.

First Watch Restaurant Group, Inc. is the larger business by last-quarter revenue ($316.4M vs $207.8M, roughly 1.5× IDEAYA Biosciences, Inc.). IDEAYA Biosciences, Inc. produced more free cash flow last quarter ($142.2M vs $-18.3M).

Ruby Tuesday Inc. is an American multinational foodservice retailer that owns, operates, and franchises Ruby Tuesday restaurants. The concept was started in 1972 by Samuel E. (Sandy) Beall III.

IDEAYA Biosciences, Inc. is a clinical-stage biotechnology company focused on oncology, developing targeted therapies and synthetic lethality treatments for patients with genetically defined cancers. It advances a pipeline of candidates across multiple tumor types, partnering with industry stakeholders to accelerate global access to innovative cancer care solutions.

FWRG vs IDYA — Head-to-Head

Bigger by revenue
FWRG
FWRG
1.5× larger
FWRG
$316.4M
$207.8M
IDYA
More free cash flow
IDYA
IDYA
$160.5M more FCF
IDYA
$142.2M
$-18.3M
FWRG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FWRG
FWRG
IDYA
IDYA
Revenue
$316.4M
$207.8M
Net Profit
$119.2M
Gross Margin
Operating Margin
2.9%
52.2%
Net Margin
57.4%
Revenue YoY
20.2%
Net Profit YoY
330.1%
EPS (diluted)
$0.24
$1.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FWRG
FWRG
IDYA
IDYA
Q4 25
$316.4M
Q3 25
$316.0M
$207.8M
Q2 25
$307.9M
Q1 25
$282.2M
Q4 24
$263.3M
Q3 24
$251.6M
$0
Q2 24
$258.6M
$0
Q1 24
$242.4M
$0
Net Profit
FWRG
FWRG
IDYA
IDYA
Q4 25
Q3 25
$3.0M
$119.2M
Q2 25
$2.1M
Q1 25
$-829.0K
Q4 24
Q3 24
$2.1M
$-51.8M
Q2 24
$8.9M
$-52.8M
Q1 24
$7.2M
$-39.6M
Operating Margin
FWRG
FWRG
IDYA
IDYA
Q4 25
2.9%
Q3 25
3.2%
52.2%
Q2 25
2.4%
Q1 25
0.4%
Q4 24
1.5%
Q3 24
2.5%
Q2 24
6.4%
Q1 24
5.1%
Net Margin
FWRG
FWRG
IDYA
IDYA
Q4 25
Q3 25
0.9%
57.4%
Q2 25
0.7%
Q1 25
-0.3%
Q4 24
Q3 24
0.8%
Q2 24
3.4%
Q1 24
3.0%
EPS (diluted)
FWRG
FWRG
IDYA
IDYA
Q4 25
$0.24
Q3 25
$0.05
$1.33
Q2 25
$0.03
Q1 25
$-0.01
Q4 24
$0.01
Q3 24
$0.03
$-0.60
Q2 24
$0.14
$-0.68
Q1 24
$0.12
$-0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FWRG
FWRG
IDYA
IDYA
Cash + ST InvestmentsLiquidity on hand
$21.2M
$786.9M
Total DebtLower is stronger
$269.1M
Stockholders' EquityBook value
$626.3M
$1.1B
Total Assets
$1.7B
$1.2B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWRG
FWRG
IDYA
IDYA
Q4 25
$21.2M
Q3 25
$20.7M
$786.9M
Q2 25
$19.2M
Q1 25
$18.6M
Q4 24
$33.3M
Q3 24
$51.1M
$920.0M
Q2 24
$45.1M
$701.7M
Q1 24
$43.2M
$698.8M
Total Debt
FWRG
FWRG
IDYA
IDYA
Q4 25
$269.1M
Q3 25
$251.0M
Q2 25
$250.0M
Q1 25
$191.5M
Q4 24
$189.0M
Q3 24
$189.7M
Q2 24
$192.1M
Q1 24
$122.7M
Stockholders' Equity
FWRG
FWRG
IDYA
IDYA
Q4 25
$626.3M
Q3 25
$607.3M
$1.1B
Q2 25
$601.3M
Q1 25
$596.3M
Q4 24
$595.4M
Q3 24
$589.1M
$1.2B
Q2 24
$585.8M
$931.7M
Q1 24
$574.4M
$935.3M
Total Assets
FWRG
FWRG
IDYA
IDYA
Q4 25
$1.7B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
$1.2B
Q2 24
$1.4B
$973.7M
Q1 24
$1.3B
$961.5M
Debt / Equity
FWRG
FWRG
IDYA
IDYA
Q4 25
0.43×
Q3 25
0.41×
Q2 25
0.42×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×
Q1 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FWRG
FWRG
IDYA
IDYA
Operating Cash FlowLast quarter
$18.5M
$142.2M
Free Cash FlowOCF − Capex
$-18.3M
$142.2M
FCF MarginFCF / Revenue
-5.8%
68.4%
Capex IntensityCapex / Revenue
11.6%
0.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$-31.0M
$13.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWRG
FWRG
IDYA
IDYA
Q4 25
$18.5M
Q3 25
$47.9M
$142.2M
Q2 25
$39.4M
Q1 25
$20.1M
Q4 24
$22.9M
Q3 24
$35.9M
$-49.2M
Q2 24
$31.9M
$-32.9M
Q1 24
$25.0M
$-43.8M
Free Cash Flow
FWRG
FWRG
IDYA
IDYA
Q4 25
$-18.3M
Q3 25
$5.5M
$142.2M
Q2 25
$-1.7M
Q1 25
$-16.4M
Q4 24
$-17.7M
Q3 24
$6.8M
$-49.7M
Q2 24
$2.3M
$-33.9M
Q1 24
$-3.6M
$-45.1M
FCF Margin
FWRG
FWRG
IDYA
IDYA
Q4 25
-5.8%
Q3 25
1.7%
68.4%
Q2 25
-0.5%
Q1 25
-5.8%
Q4 24
-6.7%
Q3 24
2.7%
Q2 24
0.9%
Q1 24
-1.5%
Capex Intensity
FWRG
FWRG
IDYA
IDYA
Q4 25
11.6%
Q3 25
13.4%
0.0%
Q2 25
13.4%
Q1 25
13.0%
Q4 24
15.4%
Q3 24
11.6%
Q2 24
11.5%
Q1 24
11.8%
Cash Conversion
FWRG
FWRG
IDYA
IDYA
Q4 25
Q3 25
16.01×
1.19×
Q2 25
18.72×
Q1 25
Q4 24
Q3 24
16.98×
Q2 24
3.59×
Q1 24
3.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FWRG
FWRG

In Restaurant Dining Sales$254.1M80%
Third Party Delivery Sales$38.6M12%
Take Out Sales$21.3M7%
Royalty And System Fund Contributions$2.3M1%

IDYA
IDYA

Segment breakdown not available.

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