First Watch Restaurant (FWRG) Assets Average (2021 - 2026)
First Watch Restaurant's (FWRG) quarterly Assets Average came in at $1.8 billion in Q1 2026, up 14.96% year-on-year from $1.5 billion in Q1 2025, and up 1.55% quarter-over-quarter from $1.7 billion in Q4 2025.
First Watch Restaurant (FWRG) Assets Average (2021 - 2026) Analysis & Trends
First Watch Restaurant's Assets Average history runs 6 years deep, the most recent figure standing at $1.8 billion for Q1 2026.
- On a quarterly basis, Assets Average rose 14.96% year-over-year to $1.8 billion in Q1 2026; TTM through Mar 2026 was $1.8 billion, a 14.96% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 17.08% from the prior year.
- Assets Average advanced to $1.8 billion in Q1 2026 per FWRG's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Assets Average topped out at $1.8 billion in Q1 2026 and bottomed at $1.0 billion in Q1 2022.
- The 5-year median for Assets Average is $1.3 billion (2024), against an average of $1.3 billion.
- Across the five-year window, Assets Average grew 5.23% in 2022 and increased 23.35% in 2024, its largest moves.
- Year by year, Assets Average stood at $1.1 billion in 2022, then climbed by 12.66% to $1.2 billion in 2023, then climbed by 21.29% to $1.5 billion in 2024, then climbed by 15.44% to $1.7 billion in 2025, then increased by 1.55% to $1.8 billion in 2026.
- Per Business Quant, the three latest FWRG Assets Average figures stand at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 31.39 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 8.90 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 8.20 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 25.25 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 12.88 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 10.81 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 3.56 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 1.80 Bn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 3.06 Bn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | 1.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 1.76 Bn |
| Dec 28, 2025 | 1.73 Bn |
| Sep 28, 2025 | 1.70 Bn |
| Jun 29, 2025 | 1.61 Bn |
| Mar 30, 2025 | 1.53 Bn |
| Dec 29, 2024 | 1.50 Bn |
| Sep 29, 2024 | 1.46 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.27 Bn |
| Dec 31, 2023 | 1.24 Bn |
| Sep 24, 2023 | 1.18 Bn |
| Jun 25, 2023 | 1.14 Bn |
| Mar 26, 2023 | 1.11 Bn |
| Dec 25, 2022 | 1.10 Bn |
| Sep 25, 2022 | 1.09 Bn |
| Jun 26, 2022 | 1.06 Bn |
| Mar 27, 2022 | 1.05 Bn |
| Dec 26, 2021 | 1.04 Bn |