First Watch Restaurant (FWRG) Change in Cash (2020 - 2026)
First Watch Restaurant's Change in Cash was -$3.08 million in Q2 2026, compared with $570,000 a year earlier.
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Analysis
First Watch Restaurant (FWRG) Change in Cash (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Watch Restaurant's Change in Cash was $1.31 million through Jun 28, 2026; for FY2025, it came in at -$12.07 million.
- In earlier years, Change in Cash was -$16.65 million in FY2024, $38,000 in FY2023, -$2.19 million in FY2022 and $13.02 million in FY2021 (-53.5%).
- The Q2 2026 figure marks the lowest quarterly Change in Cash since Q1 2025.
- Per Business Quant data, FWRG's Change in Cash in the three quarters before Q2 2026 was $2.32 million (Q1 2026), $532,000 (Q4 2025) and $1.54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | -348.00 Mn |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | 1.92 Bn |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | -18.55 Mn |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | -5.00 Mn |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | 51.00 Mn |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | -20.90 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 51.00 Mn |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | 12.00 Mn |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | -12.13 Mn |
| 10 | First Watch Restaurant | 627.62 Mn | 541.61 Mn | - | -3.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -3.08 Mn |
| Mar 29, 2026 | 2.32 Mn |
| Dec 28, 2025 | 532,000.00 |
| Sep 28, 2025 | 1.54 Mn |
| Jun 29, 2025 | 570,000.00 |
| Mar 30, 2025 | -14.71 Mn |
| Dec 29, 2024 | -17.82 Mn |
| Sep 29, 2024 | 5.77 Mn |
| Jun 30, 2024 | 1.86 Mn |
| Mar 31, 2024 | -6.46 Mn |
| Dec 31, 2023 | 9.71 Mn |
| Sep 24, 2023 | -26.84 Mn |
| Jun 25, 2023 | 12.42 Mn |
| Mar 26, 2023 | 4.74 Mn |
| Dec 25, 2022 | 301,000.00 |
| Sep 25, 2022 | -4.20 Mn |
| Jun 26, 2022 | 7.05 Mn |
| Mar 27, 2022 | -5.34 Mn |
| Dec 26, 2021 | 13,000.00 |
| Sep 26, 2021 | 3.82 Mn |
API Access
First Watch Restaurant Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();