First Watch Restaurant (FWRG) Change in Intangibles (2020 - 2026)
First Watch Restaurant (FWRG) recorded quarterly Change in Intangibles of $15000.0 in Q1 2026, down 25.0% quarter-over-quarter from $20000.0 in Q4 2025, and down 70.59% on a YoY basis from $51000.0 in Q1 2025.
First Watch Restaurant (FWRG) Change in Intangibles (2020 - 2026) Analysis & Trends
First Watch Restaurant's Change in Intangibles history runs 7 years deep, the most recent figure standing at $15000.0 for Q1 2026.
- In Q1 2026, Change in Intangibles fell 70.59% year-over-year to $15000.0; the TTM figure through Mar 2026 stood at $814000.0 (up 439.07% YoY), while the FY2025 annual figure was $850000.0, up 750.0% from the prior year.
- Change in Intangibles was $15000.0 for Q1 2026 at First Watch Restaurant, down from $20000.0 in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of $450000.0 in Q3 2025 to a low of $8000.0 in Q3 2023.
- Historically, Change in Intangibles has averaged $159785.7 across 5 years, with a median of $76500.0 in 2023.
- The sharpest annual moves came in 2022 and 2023: Change in Intangibles soared 3200.0% in 2022, then tumbled 97.62% in 2023.
- A 5-year view of Change in Intangibles shows it stood at $396000.0 in 2022, then tumbled by 80.56% to $77000.0 in 2023, then tumbled by 53.25% to $36000.0 in 2024, then slumped by 44.44% to $20000.0 in 2025, then decreased by 25.0% to $15000.0 in 2026.
- The last three Change in Intangibles figures came in at $15000.0 (Q1 2026), $20000.0 (Q4 2025), and $450000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | - |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | - |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | - |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | - |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | - |
| 10 | First Watch Restaurant | 722.06 Mn | 698.50 Mn | 256.65 Mn | 15,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 15,000.00 |
| Mar 29, 2026 | 15,000.00 |
| Dec 28, 2025 | 20,000.00 |
| Dec 28, 2025 | 20,000.00 |
| Sep 28, 2025 | 450,000.00 |
| Sep 28, 2025 | 450,000.00 |
| Jun 29, 2025 | 329,000.00 |
| Jun 29, 2025 | 329,000.00 |
| Mar 30, 2025 | 51,000.00 |
| Mar 30, 2025 | 51,000.00 |
| Sep 29, 2024 | 36,000.00 |
| Sep 29, 2024 | 36,000.00 |
| Jun 30, 2024 | 64,000.00 |
| Jun 30, 2024 | 64,000.00 |
| Dec 31, 2023 | 77,000.00 |
| Dec 31, 2023 | 77,000.00 |
| Sep 24, 2023 | 8,000.00 |
| Sep 24, 2023 | 8,000.00 |
| Mar 26, 2023 | 76,000.00 |
| Mar 26, 2023 | 76,000.00 |