Growth Metrics

First Watch Restaurant (FWRG) Current Leases (2020 - 2026)

First Watch Restaurant has reported Current Leases over the past 7 years, most recently at $76.0 million for Q1 2026.

  • For Q1 2026, Current Leases rose 34.49% year-over-year to $76.0 million; the TTM value through Mar 2026 reached $76.0 million, up 34.49%, while the annual FY2025 figure was $75.0 million, 34.7% up from the prior year.
  • Current Leases for Q1 2026 was $76.0 million at First Watch Restaurant, up from $75.0 million in the prior quarter.
  • Over five years, Current Leases peaked at $76.0 million in Q1 2026 and troughed at $37.6 million in Q2 2022.
  • A 5-year average of $50.2 million and a median of $42.9 million in 2023 define the central range for Current Leases.
  • Biggest five-year swings in Current Leases: dropped 4.02% in 2022 and later surged 53.02% in 2025.
  • Year by year, Current Leases stood at $38.9 million in 2022, then grew by 3.45% to $40.3 million in 2023, then skyrocketed by 38.29% to $55.7 million in 2024, then skyrocketed by 34.7% to $75.0 million in 2025, then rose by 1.29% to $76.0 million in 2026.
  • Business Quant data shows Current Leases for FWRG at $76.0 million in Q1 2026, $75.0 million in Q4 2025, and $72.8 million in Q3 2025.