First Watch Restaurant (FWRG) Accumulated Expenses (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Accumulated Expenses came in at $29.9 million in Q1 2026, up 29.64% year-on-year from $23.1 million in Q1 2025, and up 23.32% quarter-over-quarter from $24.3 million in Q4 2025.
First Watch Restaurant (FWRG) Accumulated Expenses (2020 - 2026) Analysis & Trends
First Watch Restaurant's Accumulated Expenses history runs 7 years deep, the most recent figure standing at $29.9 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 29.64% year-over-year to $29.9 million in Q1 2026; TTM through Mar 2026 was $29.9 million, a 29.64% increase from a year earlier, with the FY2025 full-year figure at $24.3 million, up 14.3% from the prior year.
- Accumulated Expenses climbed to $29.9 million in Q1 2026 per FWRG's latest filing, from $24.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $47.7 million in Q2 2025 and bottomed at $11.4 million in Q1 2023.
- The 5-year median for Accumulated Expenses is $23.1 million (2025), against an average of $24.8 million.
- Across the five-year window, Accumulated Expenses plunged 35.11% in 2023 and surged 185.3% in 2024, its largest moves.
- Year by year, Accumulated Expenses stood at $22.7 million in 2022, then slipped by 4.48% to $21.7 million in 2023, then dropped by 2.15% to $21.2 million in 2024, then grew by 14.3% to $24.3 million in 2025, then gained by 23.32% to $29.9 million in 2026.
- Per Business Quant, the three latest FWRG Accumulated Expenses figures stand at $29.9 million (Q1 2026), $24.3 million (Q4 2025), and $30.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 29.94 Mn |
| Dec 28, 2025 | 24.28 Mn |
| Sep 28, 2025 | 30.56 Mn |
| Jun 29, 2025 | 47.74 Mn |
| Mar 30, 2025 | 23.10 Mn |
| Dec 29, 2024 | 21.24 Mn |
| Sep 29, 2024 | 25.20 Mn |
| Jun 30, 2024 | 16.98 Mn |
| Mar 31, 2024 | 32.46 Mn |
| Dec 31, 2023 | 21.71 Mn |
| Sep 24, 2023 | 33.84 Mn |
| Jun 25, 2023 | 20.90 Mn |
| Mar 26, 2023 | 11.38 Mn |
| Dec 25, 2022 | 22.73 Mn |
| Sep 25, 2022 | 23.68 Mn |
| Jun 26, 2022 | 18.97 Mn |
| Mar 27, 2022 | 17.54 Mn |
| Dec 26, 2021 | 21.20 Mn |
| Sep 26, 2021 | 17.28 Mn |
| Dec 27, 2020 | 13.48 Mn |