Growth Metrics

First Watch Restaurant (FWRG) Interest Expenses (2020 - 2026)

First Watch Restaurant's quarterly Interest Expenses came in at $4.8 million in Q1 2026, up 43.31% year-on-year from $3.3 million in Q1 2025, and little changed quarter-over-quarter from $4.8 million in Q4 2025.

First Watch Restaurant has reported Interest Expenses for 7 years, with the latest figure at $4.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 43.31% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $18.1 million (up 35.65% YoY), and the FY2025 full-year result was $16.7 million, up 32.11% from the prior year.
  • Interest Expenses for Q1 2026 stood at $4.8 million, roughly flat from $4.8 million in the prior quarter.
  • The five-year high for Interest Expenses was $4.8 million in Q4 2025, with the low at $1.0 million in Q1 2022.
  • Average Interest Expenses over 5 years is $2.8 million, with a median of $2.6 million recorded in 2024.
  • Year-over-year, Interest Expenses plunged 84.07% in 2022 and surged 89.56% in 2023.
  • Tracing FWRG's Interest Expenses over 5 years: stood at $1.7 million in 2022, then soared by 30.67% to $2.3 million in 2023, then soared by 41.74% to $3.2 million in 2024, then jumped by 48.96% to $4.8 million in 2025, then decreased 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) Interest Expense (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 137.00 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -
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 -
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn -
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn -
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 46.23 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 4.78 Mn

Historic Data

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DateValue
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
Sep 24, 2023 1.85 Mn
Sep 24, 2023 1.85 Mn
Jun 25, 2023 2.04 Mn
Jun 25, 2023 2.04 Mn
Mar 26, 2023 1.91 Mn
Mar 26, 2023 1.91 Mn
Dec 25, 2022 1.74 Mn
Dec 25, 2022 1.74 Mn
Sep 25, 2022 1.36 Mn
Sep 25, 2022 1.36 Mn
Jun 26, 2022 1.13 Mn
Jun 26, 2022 1.13 Mn
Mar 27, 2022 1.01 Mn
Mar 27, 2022 1.01 Mn
Dec 26, 2021 1.44 Mn
Dec 26, 2021 1.44 Mn
Sep 26, 2021 6.05 Mn
Sep 26, 2021 6.05 Mn
Jun 27, 2021 6.29 Mn
Jun 27, 2021 6.29 Mn
Mar 28, 2021 6.32 Mn
Mar 28, 2021 6.32 Mn
Dec 27, 2020 6.32 Mn
Dec 27, 2020 6.32 Mn
Sep 27, 2020 5.83 Mn
Sep 27, 2020 5.83 Mn