First Watch Restaurant (FWRG) Free Cash Flow (2020 - 2026)

First Watch Restaurant has reported Free Cash Flow for 7 years, with the latest figure at $5.1 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow rose 131.15% year-over-year to $5.1 million; the trailing twelve-month figure through Mar 2026 stood at -$9.5 million (up 62.16% YoY), and the FY2025 full-year result was -$31.0 million, down 153.18% from the prior year.
• Free Cash Flow for Q1 2026 stood at $5.1 million, up from -$18.3 million in the prior quarter.
• The five-year high for Free Cash Flow was $20.4 million in Q1 2023, with the low at -$18.3 million in Q4 2025.
• Average Free Cash Flow over 5 years is -$1.5 million, with a median of -$1.7 million recorded in 2025.
• Peak annual rise in Free Cash Flow reached 706.77% in 2023, while the deepest fall reached 778.32% in 2023.
• Tracing FWRG's Free Cash Flow over 5 years: stood at -$941000.0 in 2022, then tumbled by 778.32% to -$8.3 million in 2023, then slumped by 114.39% to -$17.7 million in 2024, then dropped by 3.49% to -$18.3 million in 2025, then soared by 127.87% to $5.1 million in 2026.
• The last three Free Cash Flow figures came in at $5.1 million (Q1 2026), -$18.3 million (Q4 2025), and $5.5 million (Q3 2025), per Business Quant data.

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