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

Mobileye Global Inc. is the larger business by last-quarter revenue ($558.0M vs $316.4M, roughly 1.8× First Watch Restaurant Group, Inc.). On growth, Mobileye Global Inc. posted the faster year-over-year revenue change (27.4% vs 20.2%). Over the past eight quarters, First Watch Restaurant Group, Inc.'s revenue compounded faster (14.2% CAGR vs 12.7%).

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.

Mobileye Global Inc. is a United States-domiciled, Israel-headquartered autonomous driving company. It is developing self-driving technologies and advanced driver-assistance systems (ADAS) including cameras, computer chips, and software. Mobileye was acquired by Intel in 2017 and went public again in 2022.

FWRG vs MBLY — Head-to-Head

Bigger by revenue
MBLY
MBLY
1.8× larger
MBLY
$558.0M
$316.4M
FWRG
Growing faster (revenue YoY)
MBLY
MBLY
+7.2% gap
MBLY
27.4%
20.2%
FWRG
Faster 2-yr revenue CAGR
FWRG
FWRG
Annualised
FWRG
14.2%
12.7%
MBLY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FWRG
FWRG
MBLY
MBLY
Revenue
$316.4M
$558.0M
Net Profit
Gross Margin
49.3%
Operating Margin
2.9%
-647.5%
Net Margin
Revenue YoY
20.2%
27.4%
Net Profit YoY
EPS (diluted)
$0.24

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
MBLY
MBLY
Q1 26
$558.0M
Q4 25
$316.4M
$446.0M
Q3 25
$316.0M
$504.0M
Q2 25
$307.9M
$506.0M
Q1 25
$282.2M
$438.0M
Q4 24
$263.3M
$490.0M
Q3 24
$251.6M
$486.0M
Q2 24
$258.6M
$439.0M
Net Profit
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
$-127.0M
Q3 25
$3.0M
$-96.0M
Q2 25
$2.1M
$-67.0M
Q1 25
$-829.0K
$-102.0M
Q4 24
$-71.0M
Q3 24
$2.1M
$-2.7B
Q2 24
$8.9M
$-86.0M
Gross Margin
FWRG
FWRG
MBLY
MBLY
Q1 26
49.3%
Q4 25
45.3%
Q3 25
48.2%
Q2 25
49.8%
Q1 25
47.3%
Q4 24
49.2%
Q3 24
48.8%
Q2 24
47.6%
Operating Margin
FWRG
FWRG
MBLY
MBLY
Q1 26
-647.5%
Q4 25
2.9%
-31.4%
Q3 25
3.2%
-21.6%
Q2 25
2.4%
-14.6%
Q1 25
0.4%
-26.7%
Q4 24
1.5%
-17.6%
Q3 24
2.5%
-577.6%
Q2 24
6.4%
-21.4%
Net Margin
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
-28.5%
Q3 25
0.9%
-19.0%
Q2 25
0.7%
-13.2%
Q1 25
-0.3%
-23.3%
Q4 24
-14.5%
Q3 24
0.8%
-558.6%
Q2 24
3.4%
-19.6%
EPS (diluted)
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
$0.24
$-0.15
Q3 25
$0.05
$-0.12
Q2 25
$0.03
$-0.08
Q1 25
$-0.01
$-0.13
Q4 24
$0.01
$-0.09
Q3 24
$0.03
$-3.35
Q2 24
$0.14
$-0.11

Balance Sheet & Financial Strength

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

Metric
FWRG
FWRG
MBLY
MBLY
Cash + ST InvestmentsLiquidity on hand
$21.2M
$1.2B
Total DebtLower is stronger
$269.1M
Stockholders' EquityBook value
$626.3M
$8.2B
Total Assets
$1.7B
$8.7B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWRG
FWRG
MBLY
MBLY
Q1 26
$1.2B
Q4 25
$21.2M
$1.8B
Q3 25
$20.7M
$1.7B
Q2 25
$19.2M
$1.7B
Q1 25
$18.6M
$1.5B
Q4 24
$33.3M
$1.4B
Q3 24
$51.1M
$1.3B
Q2 24
$45.1M
$1.2B
Total Debt
FWRG
FWRG
MBLY
MBLY
Q1 26
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
Stockholders' Equity
FWRG
FWRG
MBLY
MBLY
Q1 26
$8.2B
Q4 25
$626.3M
$11.9B
Q3 25
$607.3M
$11.9B
Q2 25
$601.3M
$12.1B
Q1 25
$596.3M
$12.0B
Q4 24
$595.4M
$12.1B
Q3 24
$589.1M
$12.1B
Q2 24
$585.8M
$14.7B
Total Assets
FWRG
FWRG
MBLY
MBLY
Q1 26
$8.7B
Q4 25
$1.7B
$12.5B
Q3 25
$1.7B
$12.5B
Q2 25
$1.7B
$12.6B
Q1 25
$1.5B
$12.5B
Q4 24
$1.5B
$12.6B
Q3 24
$1.5B
$12.6B
Q2 24
$1.4B
$15.3B
Debt / Equity
FWRG
FWRG
MBLY
MBLY
Q1 26
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×

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
MBLY
MBLY
Operating Cash FlowLast quarter
$18.5M
$75.0M
Free Cash FlowOCF − Capex
$-18.3M
FCF MarginFCF / Revenue
-5.8%
Capex IntensityCapex / Revenue
11.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-31.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWRG
FWRG
MBLY
MBLY
Q1 26
$75.0M
Q4 25
$18.5M
$113.0M
Q3 25
$47.9M
$167.0M
Q2 25
$39.4M
$213.0M
Q1 25
$20.1M
$109.0M
Q4 24
$22.9M
$204.0M
Q3 24
$35.9M
$126.0M
Q2 24
$31.9M
$30.0M
Free Cash Flow
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
$-18.3M
$86.0M
Q3 25
$5.5M
$143.0M
Q2 25
$-1.7M
$199.0M
Q1 25
$-16.4M
$95.0M
Q4 24
$-17.7M
$191.0M
Q3 24
$6.8M
$104.0M
Q2 24
$2.3M
$6.0M
FCF Margin
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
-5.8%
19.3%
Q3 25
1.7%
28.4%
Q2 25
-0.5%
39.3%
Q1 25
-5.8%
21.7%
Q4 24
-6.7%
39.0%
Q3 24
2.7%
21.4%
Q2 24
0.9%
1.4%
Capex Intensity
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
11.6%
6.1%
Q3 25
13.4%
4.8%
Q2 25
13.4%
2.8%
Q1 25
13.0%
3.2%
Q4 24
15.4%
2.7%
Q3 24
11.6%
4.5%
Q2 24
11.5%
5.5%
Cash Conversion
FWRG
FWRG
MBLY
MBLY
Q1 26
Q4 25
Q3 25
16.01×
Q2 25
18.72×
Q1 25
Q4 24
Q3 24
16.98×
Q2 24
3.59×

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%

MBLY
MBLY

Segment breakdown not available.

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