First Watch Restaurant (FWRG) Intangibles (2020 - 2026)
First Watch Restaurant's (FWRG) 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 (FWRG) Intangibles (2020 - 2026) Analysis & Trends
First Watch Restaurant's Intangibles history runs 7 years deep, the most recent figure standing at $172.6 million for Q1 2026.
- On a quarterly basis, Intangibles rose 3.98% year-over-year to $172.6 million in Q1 2026; TTM through Mar 2026 was $172.6 million, a 3.98% increase from a year earlier, with the FY2025 full-year figure at $174.9 million, up 4.36% from the prior year.
- Intangibles eased to $172.6 million in Q1 2026 per FWRG's latest filing, from $174.9 million in the prior quarter.
- Across five years, Intangibles topped out at $179.1 million in Q2 2025 and bottomed at $142.9 million in Q1 2022.
- The 5-year median for Intangibles is $151.2 million (2023), against an average of $158.2 million.
- Across the five-year window, Intangibles slipped 0.18% in 2022 and advanced 18.7% in 2024, its largest moves.
- Year by year, Intangibles stood at $143.2 million in 2022, then gained by 5.61% to $151.2 million in 2023, then grew by 10.85% to $167.6 million in 2024, then grew by 4.36% to $174.9 million in 2025, then slipped by 1.33% to $172.6 million in 2026.
- Per Business Quant, the three latest FWRG Intangibles figures stand at $172.6 million (Q1 2026), $174.9 million (Q4 2025), and $177.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 176.00 Mn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | - |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 899.00 Mn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 11.08 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 1.35 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 457.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 28.62 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 161.28 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | - |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 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 |