First Watch Restaurant (FWRG) Change in Inventory (2020 - 2026)

First Watch Restaurant (FWRG) posted quarterly Change in Inventory of -$37000.0 for Q1 2026, down 144.58% year-over-year from $83000.0 in Q1 2025, and down 105.38% quarter-over-quarter from $688000.0 in Q4 2025.

First Watch Restaurant (FWRG) Change in Inventory (2020 - 2026) Analysis & Trends

First Watch Restaurant's Change in Inventory history runs 7 years deep, the most recent figure standing at -$37000.0 for Q1 2026.

  • In Q1 2026, Change in Inventory fell 144.58% year-over-year to -$37000.0; the TTM figure through Mar 2026 stood at $747000.0 (down 5.32% YoY), while the FY2025 annual figure was $867000.0, up 70.67% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$37000.0, down from $688000.0 in the prior quarter.
  • The five-year high for Change in Inventory was $912000.0 in Q4 2022, with the low at -$622000.0 in Q1 2023.
  • The 5-year median for Change in Inventory is $150000.0 (2022), against an average of $141470.6.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory slumped 273.33% in 2023, then jumped 141.92% in 2025.
  • First Watch Restaurant's Change in Inventory stood at $912000.0 in 2022, then plunged by 42.98% to $520000.0 in 2023, then jumped by 51.54% to $788000.0 in 2024, then decreased by 12.69% to $688000.0 in 2025, then sank by 105.38% to -$37000.0 in 2026.
  • Business Quant data shows FWRG's Change in Inventory at -$37000.0 in Q1 2026, $688000.0 in Q4 2025, and -$286000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn -
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 54.40 Mn
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn 1.97 Mn
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn -
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn -
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn -19.00 Mn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn -
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn 38.00 Mn
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 3.64 Mn
10 First Watch Restaurant 784.98 Mn 764.50 Mn 272.08 Mn 664,000.00

Historic Data

Download Data
DateValue
Jun 28, 2026 664,000.00
Jun 28, 2026 664,000.00
Mar 29, 2026 -37,000.00
Mar 29, 2026 -37,000.00
Dec 28, 2025 688,000.00
Dec 28, 2025 688,000.00
Sep 28, 2025 -286,000.00
Sep 28, 2025 -286,000.00
Jun 29, 2025 382,000.00
Jun 29, 2025 382,000.00
Mar 30, 2025 83,000.00
Mar 30, 2025 83,000.00
Dec 29, 2024 788,000.00
Dec 29, 2024 788,000.00
Sep 29, 2024 -337,000.00
Sep 29, 2024 -337,000.00
Jun 30, 2024 255,000.00
Jun 30, 2024 255,000.00
Mar 31, 2024 -198,000.00
Mar 31, 2024 -198,000.00