Growth Metrics

First Watch Restaurant (FWRG) Cash from Operations (2020 - 2026)

First Watch Restaurant's quarterly Cash from Operations came in at 34456000.0 in Q1 2026, up 71.1% year-on-year from 20138000.0 in Q1 2025, and up 86.65% quarter-over-quarter from 18460000.0 in Q4 2025.

First Watch Restaurant has reported Cash from Operations for 7 years, with the latest figure at 34456000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Cash from Operations rose 71.1% year-over-year to 34456000.0; the trailing twelve-month figure through Mar 2026 stood at 140230000.0 (up 26.53% YoY), and the FY2025 full-year result was 125912000.0, up 8.85% from the prior year.
  • Cash from Operations for Q1 2026 stood at 34456000.0, up from 18460000.0 in the prior quarter.
  • The five-year high for Cash from Operations was 47882000.0 in Q3 2025, with the low at 7989000.0 in Q1 2022.
  • Average Cash from Operations over 5 years is 25548000.0, with a median of 22924000.0 recorded in 2024.
  • Year-over-year, Cash from Operations soared 164.65% in 2023 and slipped 19.47% in 2025.
  • Tracing FWRG's Cash from Operations over 5 years: stood at 16293000.0 in 2022, then jumped by 36.83% to 22294000.0 in 2023, then climbed by 2.83% to 22924000.0 in 2024, then fell by 19.47% to 18460000.0 in 2025, then jumped by 86.65% to 34456000.0 in 2026.
  • The last three Cash from Operations figures came in at 34456000.0 (Q1 2026), 18460000.0 (Q4 2025), and 47882000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 364.50 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 416.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 651.35 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 227.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 617.80 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 550.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 259.08 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 161.96 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 40.30 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 34.46 Mn

Historic Data

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DateValue
Mar 29, 2026 34.46 Mn
Mar 29, 2026 34.46 Mn
Dec 28, 2025 18.46 Mn
Dec 28, 2025 18.46 Mn
Sep 28, 2025 47.88 Mn
Sep 28, 2025 47.88 Mn
Jun 29, 2025 39.43 Mn
Jun 29, 2025 39.43 Mn
Mar 30, 2025 20.14 Mn
Mar 30, 2025 20.14 Mn
Dec 29, 2024 22.92 Mn
Dec 29, 2024 22.92 Mn
Sep 29, 2024 35.86 Mn
Sep 29, 2024 35.86 Mn
Jun 30, 2024 31.91 Mn
Jun 30, 2024 31.91 Mn
Mar 31, 2024 24.98 Mn
Mar 31, 2024 24.98 Mn
Dec 31, 2023 22.29 Mn
Dec 31, 2023 22.29 Mn
Sep 24, 2023 17.46 Mn
Sep 24, 2023 17.46 Mn
Jun 25, 2023 34.44 Mn
Jun 25, 2023 34.44 Mn
Mar 26, 2023 21.14 Mn
Mar 26, 2023 21.14 Mn
Dec 25, 2022 16.29 Mn
Dec 25, 2022 16.29 Mn
Sep 25, 2022 14.83 Mn
Sep 25, 2022 14.83 Mn
Jun 26, 2022 23.82 Mn
Jun 26, 2022 23.82 Mn
Mar 27, 2022 7.99 Mn
Mar 27, 2022 7.99 Mn
Dec 26, 2021 18.71 Mn
Dec 26, 2021 18.71 Mn
Sep 26, 2021 13.84 Mn
Sep 26, 2021 13.84 Mn
Jun 27, 2021 24.60 Mn
Jun 27, 2021 24.60 Mn
Mar 28, 2021 5.83 Mn
Mar 28, 2021 5.83 Mn
Dec 27, 2020 2.03 Mn
Dec 27, 2020 2.03 Mn