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
DateValue
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