First Watch Restaurant (FWRG) Capital Expenditures (2020 - 2026)

First Watch Restaurant (FWRG) recorded quarterly Capital Expenditures of $29.3 million in Q1 2026, down 20.25% quarter-over-quarter from $36.8 million in Q4 2025, and down 19.7% on a YoY basis from $36.5 million in Q1 2025.

First Watch Restaurant (FWRG) Capital Expenditures (2020 - 2026) Analysis & Trends

First Watch Restaurant's Capital Expenditures history runs 7 years deep, the most recent figure standing at $29.3 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 19.7% year-over-year to $29.3 million; the TTM figure through Mar 2026 stood at $149.7 million (up 10.18% YoY), while the FY2025 annual figure was $156.9 million, up 22.66% from the prior year.
  • Capital Expenditures was $29.3 million for Q1 2026 at First Watch Restaurant, down from $36.8 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $42.4 million in Q3 2025 to a low of $707000.0 in Q1 2023.
  • Historically, Capital Expenditures has averaged $27.0 million across 5 years, with a median of $29.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures surged 12111.83% in 2022, then plunged 93.77% in 2023.
  • A 5-year view of Capital Expenditures shows it stood at $17.2 million in 2022, then soared by 77.32% to $30.6 million in 2023, then jumped by 33.0% to $40.6 million in 2024, then retreated by 9.46% to $36.8 million in 2025, then fell by 20.25% to $29.3 million in 2026.
  • The last three Capital Expenditures figures came in at $29.3 million (Q1 2026), $36.8 million (Q4 2025), and $42.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 272.70 Mn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 180.33 Mn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 75.00 Mn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 58.00 Mn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 165.90 Mn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 144.00 Mn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 80.17 Mn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 15.04 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 37.44 Mn
10 First Watch Restaurant 722.06 Mn 698.50 Mn 256.65 Mn 29.35 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 29.35 Mn
Mar 29, 2026 29.35 Mn
Dec 28, 2025 36.80 Mn
Dec 28, 2025 36.80 Mn
Sep 28, 2025 42.43 Mn
Sep 28, 2025 42.43 Mn
Jun 29, 2025 41.14 Mn
Jun 29, 2025 41.14 Mn
Mar 30, 2025 36.54 Mn
Mar 30, 2025 36.54 Mn
Dec 29, 2024 40.64 Mn
Dec 29, 2024 40.64 Mn
Sep 29, 2024 29.07 Mn
Sep 29, 2024 29.07 Mn
Jun 30, 2024 29.62 Mn
Jun 30, 2024 29.62 Mn
Mar 31, 2024 28.58 Mn
Mar 31, 2024 28.58 Mn
Dec 31, 2023 30.56 Mn
Dec 31, 2023 30.56 Mn