First Watch Restaurant (FWRG) Current Leases (2020 - 2026)
First Watch Restaurant (FWRG) posted quarterly Current Leases of $76.0 million for Q1 2026, up 34.49% year-over-year from $56.5 million in Q1 2025, and up 1.29% quarter-over-quarter from $75.0 million in Q4 2025.
First Watch Restaurant (FWRG) Current Leases (2020 - 2026) Analysis & Trends
First Watch Restaurant's Current Leases history runs 7 years deep, the most recent figure standing at $76.0 million for Q1 2026.
- In Q1 2026, Current Leases rose 34.49% year-over-year to $76.0 million; the TTM figure through Mar 2026 stood at $76.0 million (up 34.49% YoY), while the FY2025 annual figure was $75.0 million, up 34.7% from the prior year.
- Current Leases for Q1 2026 stood at $76.0 million, up from $75.0 million in the prior quarter.
- The five-year high for Current Leases was $76.0 million in Q1 2026, with the low at $37.6 million in Q2 2022.
- The 5-year median for Current Leases is $42.9 million (2023), against an average of $50.2 million.
- The sharpest annual moves came in 2022 and 2025: Current Leases slipped 4.02% in 2022, then jumped 53.02% in 2025.
- First Watch Restaurant's Current Leases stood at $38.9 million in 2022, then grew by 3.45% to $40.3 million in 2023, then jumped by 38.29% to $55.7 million in 2024, then jumped by 34.7% to $75.0 million in 2025, then rose by 1.29% to $76.0 million in 2026.
- Business Quant data shows FWRG's Current Leases at $76.0 million in Q1 2026, $75.0 million in Q4 2025, and $72.8 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 690.00 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 1.27 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 317.00 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 | - |
| 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 | - |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 32.84 Mn |
| 10 | First Watch Restaurant | 784.98 Mn | 764.50 Mn | 272.08 Mn | 79.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 79.27 Mn |
| Mar 29, 2026 | 76.00 Mn |
| Dec 28, 2025 | 75.03 Mn |
| Sep 28, 2025 | 72.79 Mn |
| Jun 29, 2025 | 67.61 Mn |
| Mar 30, 2025 | 56.51 Mn |
| Dec 29, 2024 | 55.70 Mn |
| Sep 29, 2024 | 47.57 Mn |
| Jun 30, 2024 | 45.76 Mn |
| Mar 31, 2024 | 41.32 Mn |
| Dec 31, 2023 | 40.28 Mn |
| Sep 24, 2023 | 42.86 Mn |
| Jun 25, 2023 | 39.73 Mn |
| Mar 26, 2023 | 40.47 Mn |
| Dec 25, 2022 | 38.94 Mn |
| Sep 25, 2022 | 38.04 Mn |
| Jun 26, 2022 | 37.59 Mn |
| Mar 27, 2022 | 37.69 Mn |
| Dec 26, 2021 | 38.19 Mn |
| Sep 26, 2021 | 39.63 Mn |