First Watch Restaurant (FWRG) Change in Inventory (2020 - 2026)
First Watch Restaurant (FWRG) recorded quarterly Change in Inventory of -$37000.0 in Q1 2026, down 105.38% quarter-over-quarter from $688000.0 in Q4 2025, and down 144.58% on a YoY basis from $83000.0 in Q1 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 was -$37000.0 for Q1 2026 at First Watch Restaurant, down from $688000.0 in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $912000.0 in Q4 2022 to a low of -$622000.0 in Q1 2023.
- Historically, Change in Inventory has averaged $141470.6 across 5 years, with a median of $150000.0 in 2022.
- The sharpest annual moves came in 2023 and 2025: Change in Inventory tumbled 273.33% in 2023, then surged 141.92% in 2025.
- A 5-year view of Change in Inventory shows it stood at $912000.0 in 2022, then sank 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 slumped by 105.38% to -$37000.0 in 2026.
- The last three Change in Inventory figures came in at -$37000.0 (Q1 2026), $688000.0 (Q4 2025), and -$286000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 58.60 Mn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | -4.75 Mn |
| 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 | -9.20 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | -30.00 Mn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 163,000.00 |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | - |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 438,000.00 |
| 10 | First Watch Restaurant | 722.06 Mn | 698.50 Mn | 256.65 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 |