First Watch Restaurant (FWRG) Change in Inventory (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Change in Inventory came in at -$37000.0 in Q1 2026, down 144.58% year-on-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.
- On a quarterly basis, Change in Inventory fell 144.58% year-over-year to -$37000.0 in Q1 2026; TTM through Mar 2026 was $747000.0, a 5.32% decrease from a year earlier, with the FY2025 full-year figure at $867000.0, up 70.67% from the prior year.
- Change in Inventory eased to -$37000.0 in Q1 2026 per FWRG's latest filing, from $688000.0 in the prior quarter.
- Across five years, Change in Inventory topped out at $912000.0 in Q4 2022 and bottomed at -$622000.0 in Q1 2023.
- The 5-year median for Change in Inventory is $150000.0 (2022), against an average of $141470.6.
- Across the five-year window, Change in Inventory tumbled 273.33% in 2023 and jumped 141.92% in 2025, its largest moves.
- Year by year, Change in Inventory stood at $912000.0 in 2022, then tumbled by 42.98% to $520000.0 in 2023, then surged by 51.54% to $788000.0 in 2024, then slipped by 12.69% to $688000.0 in 2025, then plunged by 105.38% to -$37000.0 in 2026.
- Per Business Quant, the three latest FWRG Change in Inventory figures stand at -$37000.0 (Q1 2026), $688000.0 (Q4 2025), and -$286000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 58.60 Mn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | -4.75 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -19.00 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | -30.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 163,000.00 |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | - |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | -11.53 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | -37,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 520,000.00 |
| Dec 31, 2023 | 520,000.00 |