Growth Metrics

First Watch Restaurant (FWRG) Capital Expenditures (2020 - 2025)

First Watch Restaurant (FWRG) has 6 years of Capital Expenditures data on record, last reported at $36.8 million in Q4 2025.

  • For Q4 2025, Capital Expenditures fell 9.46% year-over-year to $36.8 million; the TTM value through Dec 2025 reached $156.9 million, up 22.66%, while the annual FY2025 figure was $156.9 million, 22.66% up from the prior year.
  • Capital Expenditures reached $36.8 million in Q4 2025 per FWRG's latest filing, down from $42.4 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $42.4 million in Q3 2025 and bottomed at -$42.5 million in Q4 2022.
  • Average Capital Expenditures over 5 years is $20.3 million, with a median of $25.8 million recorded in 2023.
  • The widest YoY moves for Capital Expenditures: up 12111.83% in 2022, down 615.67% in 2022.
  • A 5-year view of Capital Expenditures shows it stood at $8.2 million in 2021, then plummeted by 615.67% to -$42.5 million in 2022, then skyrocketed by 171.87% to $30.6 million in 2023, then skyrocketed by 33.0% to $40.6 million in 2024, then dropped by 9.46% to $36.8 million in 2025.
  • Per Business Quant database, its latest 3 readings for Capital Expenditures were $36.8 million in Q4 2025, $42.4 million in Q3 2025, and $41.1 million in Q2 2025.