Balance Sheet
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First Watch Restaurant (FWRG) Inventory (2020 - 2025)

First Watch Restaurant has reported Inventory over the past 6 years, most recently at $7.2 million for Q4 2025.

  • Quarterly results put Inventory at $7.2 million for Q4 2025, up 17.28% from a year ago — trailing twelve months through Dec 2025 was $7.2 million (up 17.28% YoY), and the annual figure for FY2025 was $7.2 million, up 17.28%.
  • Inventory for Q4 2025 was $7.2 million at First Watch Restaurant, up from $6.5 million in the prior quarter.
  • Over the last five years, Inventory for FWRG hit a ceiling of $7.2 million in Q4 2025 and a floor of $3.5 million in Q3 2021.
  • Median Inventory over the past 5 years was $5.1 million (2022), compared with a mean of $5.2 million.
  • Biggest five-year swings in Inventory: soared 38.01% in 2021 and later grew 7.02% in 2023.
  • First Watch Restaurant's Inventory stood at $4.0 million in 2021, then rose by 24.98% to $5.0 million in 2022, then increased by 7.02% to $5.4 million in 2023, then grew by 13.68% to $6.1 million in 2024, then rose by 17.28% to $7.2 million in 2025.
  • The last three reported values for Inventory were $7.2 million (Q4 2025), $6.5 million (Q3 2025), and $6.8 million (Q2 2025) per Business Quant data.