First Watch Restaurant (FWRG) Interest Expenses (2020 - 2026)
First Watch Restaurant (FWRG) recorded quarterly Interest Expenses of $4.8 million in Q1 2026, little changed quarter-over-quarter from $4.8 million in Q4 2025, and up 43.31% on a YoY basis from $3.3 million in Q1 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 $4.8 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 43.31% year-over-year to $4.8 million; the TTM figure through Mar 2026 stood at $18.1 million (up 35.65% YoY), while the FY2025 annual figure was $16.7 million, up 32.11% from the prior year.
- Interest Expenses was $4.8 million for Q1 2026 at First Watch Restaurant, roughly flat from $4.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $4.8 million in Q4 2025 to a low of $1.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $2.8 million across 5 years, with a median of $2.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses plunged 84.07% in 2022, then soared 89.56% in 2023.
- A 5-year view of Interest Expenses shows it stood at $1.7 million in 2022, then surged by 30.67% to $2.3 million in 2023, then surged by 41.74% to $3.2 million in 2024, then soared by 48.96% to $4.8 million in 2025, then retreated by 0.35% to $4.8 million in 2026.
- The last three Interest Expenses figures came in at $4.8 million (Q1 2026), $4.8 million (Q4 2025), and $4.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 137.00 Mn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | - |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | - |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 46.23 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | - |
| 10 | First Watch Restaurant | 722.06 Mn | 698.50 Mn | 256.65 Mn | 4.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 4.78 Mn |
| Mar 29, 2026 | 4.78 Mn |
| Dec 28, 2025 | 4.80 Mn |
| Dec 28, 2025 | 4.80 Mn |
| Sep 28, 2025 | 4.57 Mn |
| Sep 28, 2025 | 4.57 Mn |
| Jun 29, 2025 | 4.00 Mn |
| Jun 29, 2025 | 4.00 Mn |
| Mar 30, 2025 | 3.33 Mn |
| Mar 30, 2025 | 3.33 Mn |
| Dec 29, 2024 | 3.22 Mn |
| Dec 29, 2024 | 3.22 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 | 2.60 Mn |
| Mar 31, 2024 | 2.60 Mn |
| Dec 31, 2023 | 2.27 Mn |
| Dec 31, 2023 | 2.27 Mn |