First Watch Restaurant (FWRG) Interest Expenses (2020 - 2026)
First Watch Restaurant (FWRG) posted quarterly Interest Expenses of $17.6 million for Q1 2026, up 7.54% year-over-year from $16.4 million in Q1 2025, and up 172.32% quarter-over-quarter from -$24.3 million in Q4 2025.
First Watch Restaurant (FWRG) Interest Expenses (2020 - 2026) Analysis & Trends
First Watch Restaurant's Interest Expenses history runs 7 years deep, the most recent figure standing at $17.6 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 7.54% year-over-year to $17.6 million; the TTM figure through Mar 2026 stood at $18.7 million (down 42.1% YoY), while the FY2025 annual figure was $60.1 million, up 4.16% from the prior year.
- Interest Expenses for Q1 2026 stood at $17.6 million, up from -$24.3 million in the prior quarter.
- The five-year high for Interest Expenses was $341.0 million in Q2 2023, with the low at -$24.3 million in Q4 2025.
- The 5-year median for Interest Expenses is $10.6 million (2022), against an average of $32.3 million.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 30186.23% in 2023, then tumbled 369.99% in 2025.
- First Watch Restaurant's Interest Expenses stood at $1.7 million in 2022, then surged by 2324.51% to $42.1 million in 2023, then slumped by 78.6% to $9.0 million in 2024, then plunged by 369.99% to -$24.3 million in 2025, then surged by 172.32% to $17.6 million in 2026.
- Business Quant data shows FWRG's Interest Expenses at $17.6 million in Q1 2026, -$24.3 million in Q4 2025, and $21.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 409.00 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 10.83 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 143.39 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 160.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 118.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 304.10 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 124.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 2.48 Bn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 262,000.00 |
| 10 | First Watch Restaurant | 784.98 Mn | 764.50 Mn | 272.08 Mn | 9.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 9.36 Mn |
| Jun 28, 2026 | 9.36 Mn |
| Mar 29, 2026 | 17.61 Mn |
| Mar 29, 2026 | 17.61 Mn |
| Dec 28, 2025 | -24.35 Mn |
| Dec 28, 2025 | -24.35 Mn |
| Sep 28, 2025 | 21.51 Mn |
| Sep 28, 2025 | 21.51 Mn |
| Jun 29, 2025 | 21.91 Mn |
| Jun 29, 2025 | 21.91 Mn |
| Mar 30, 2025 | 16.37 Mn |
| Mar 30, 2025 | 16.37 Mn |
| Dec 29, 2024 | 9.02 Mn |
| Dec 29, 2024 | 9.02 Mn |
| Sep 29, 2024 | 3.44 Mn |
| Sep 29, 2024 | 3.44 Mn |
| Jun 30, 2024 | 3.38 Mn |
| Jun 30, 2024 | 3.38 Mn |
| Mar 31, 2024 | 14.14 Mn |
| Mar 31, 2024 | 14.14 Mn |