First Watch Restaurant (FWRG) Intangibles (2020 - 2026)
First Watch Restaurant's quarterly Intangibles came in at $172.6 million in Q1 2026, up 3.98% year-on-year from $166.0 million in Q1 2025, and down 1.33% quarter-over-quarter from $174.9 million in Q4 2025.
First Watch Restaurant has reported Intangibles for 7 years, with the latest figure at $172.6 million in Q1 2026.
- For the quarter ending Q1 2026, Intangibles rose 3.98% year-over-year to $172.6 million; the trailing twelve-month figure through Mar 2026 stood at $172.6 million (up 3.98% YoY), and the FY2025 full-year result was $174.9 million, up 4.36% from the prior year.
- Intangibles for Q1 2026 stood at $172.6 million, down from $174.9 million in the prior quarter.
- The five-year high for Intangibles was $179.1 million in Q2 2025, with the low at $142.9 million in Q1 2022.
- Average Intangibles over 5 years is $158.2 million, with a median of $151.2 million recorded in 2023.
- Year-over-year, Intangibles slipped 0.18% in 2022 and advanced 18.7% in 2024.
- Tracing FWRG's Intangibles over 5 years: stood at $143.2 million in 2022, then advanced by 5.61% to $151.2 million in 2023, then increased by 10.85% to $167.6 million in 2024, then increased by 4.36% to $174.9 million in 2025, then dropped by 1.33% to $172.6 million in 2026.
- The last three Intangibles figures came in at $172.6 million (Q1 2026), $174.9 million (Q4 2025), and $177.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 176.00 Mn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 899.00 Mn |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | - |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 11.08 Bn |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 1.35 Bn |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 130.00 Mn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 28.62 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 158.77 Mn |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 1.78 Mn |
| 10 | First Watch Restaurant | 680.42 Mn | 656.85 Mn | 256.65 Mn | 172.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 172.58 Mn |
| Dec 28, 2025 | 174.91 Mn |
| Sep 28, 2025 | 177.24 Mn |
| Jun 29, 2025 | 179.13 Mn |
| Mar 30, 2025 | 165.97 Mn |
| Dec 29, 2024 | 167.60 Mn |
| Sep 29, 2024 | 169.33 Mn |
| Jun 30, 2024 | 171.03 Mn |
| Mar 31, 2024 | 151.06 Mn |
| Dec 31, 2023 | 151.19 Mn |
| Sep 24, 2023 | 150.28 Mn |
| Jun 25, 2023 | 144.08 Mn |
| Mar 26, 2023 | 143.03 Mn |
| Dec 25, 2022 | 143.15 Mn |
| Sep 25, 2022 | 142.99 Mn |
| Jun 26, 2022 | 142.89 Mn |
| Mar 27, 2022 | 142.86 Mn |
| Dec 26, 2021 | 143.00 Mn |
| Sep 26, 2021 | 143.24 Mn |
| Dec 27, 2020 | 143.66 Mn |