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
DateValue
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