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
DateValue
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