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

First Watch Restaurant's (FWRG) quarterly Capital Expenditures came in at $29.3 million in Q1 2026, down 19.7% year-on-year from $36.5 million in Q1 2025, and down 20.25% quarter-over-quarter from $36.8 million in Q4 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.

  • On a quarterly basis, Capital Expenditures fell 19.7% year-over-year to $29.3 million in Q1 2026; TTM through Mar 2026 was $149.7 million, a 10.18% increase from a year earlier, with the FY2025 full-year figure at $156.9 million, up 22.66% from the prior year.
  • Capital Expenditures fell to $29.3 million in Q1 2026 per FWRG's latest filing, from $36.8 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.
  • The 5-year median for Capital Expenditures is $29.1 million (2024), against an average of $23.5 million.
  • Across the five-year window, Capital Expenditures tumbled 615.67% in 2022 and surged 3943.0% in 2024, its largest moves.
  • Year by year, Capital Expenditures stood at -$42.5 million in 2022, then jumped by 171.87% 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.
  • Per Business Quant, the three latest FWRG Capital Expenditures figures stand at $29.3 million (Q1 2026), $36.8 million (Q4 2025), and $42.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 272.70 Mn
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 180.33 Mn
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 75.00 Mn
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 58.00 Mn
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 193.10 Mn
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 144.00 Mn
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 31.61 Mn
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 23.97 Mn
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 57.00 Mn
10 First Watch Restaurant 737.04 Mn 713.47 Mn 279.06 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