First Watch Restaurant (FWRG) Current Deferred Revenue (2020 - 2026)
First Watch Restaurant (FWRG) posted Current Deferred Revenue of $4.38 million for Q2 2026, up 25.0% from $3.51 million a year earlier and up 1.6% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Current Deferred Revenue (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Current Deferred Revenue came in at $6.78 million, up 20.5% from FY2024.
- Annual Current Deferred Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In prior years, First Watch Restaurant's Current Deferred Revenue was $5.62 million in FY2024 (+2.3%), $5.5 million in FY2023 (+5.9%), $5.19 million in FY2022 (+11.6%) and $4.65 million in FY2021 (+8.9%).
- Quarterly Current Deferred Revenue has run from a low of $2.25 million in Q3 2021 to a high of $6.78 million in Q4 2025 over five years.
- On a year-over-year basis, Current Deferred Revenue has increased in each of the last seven quarters, with growth averaging 10.6% over the last eight quarters.
- The strongest year-over-year quarter for Current Deferred Revenue in the past five years was Q1 2026, with growth of 26.6%; the weakest was Q3 2024, with a decline of 10.6%.
- According to Business Quant data, Current Deferred Revenue for the three prior quarters was $4.31 million (Q1 2026), $6.78 million (Q4 2025) and $2.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - |
| 10 | First Watch Restaurant | 627.62 Mn | 541.61 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.38 Mn |
| Mar 29, 2026 | 4.31 Mn |
| Dec 28, 2025 | 6.78 Mn |
| Sep 28, 2025 | 2.64 Mn |
| Jun 29, 2025 | 3.51 Mn |
| Mar 30, 2025 | 3.41 Mn |
| Dec 29, 2024 | 5.62 Mn |
| Sep 29, 2024 | 2.37 Mn |
| Jun 30, 2024 | 3.25 Mn |
| Mar 31, 2024 | 3.34 Mn |
| Dec 31, 2023 | 5.50 Mn |
| Sep 24, 2023 | 2.66 Mn |
| Jun 25, 2023 | 3.47 Mn |
| Mar 26, 2023 | 3.23 Mn |
| Dec 25, 2022 | 5.19 Mn |
| Sep 25, 2022 | 2.39 Mn |
| Jun 26, 2022 | 3.07 Mn |
| Mar 27, 2022 | 3.00 Mn |
| Dec 26, 2021 | 4.65 Mn |
| Sep 26, 2021 | 2.25 Mn |
API Access
First Watch Restaurant Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();