First Watch Restaurant (FWRG) Inventory (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Inventory came in at $7.1 million in Q1 2026, up 15.11% year-on-year from $6.2 million in Q1 2025, and down 0.52% quarter-over-quarter from $7.2 million in Q4 2025.
First Watch Restaurant (FWRG) Inventory (2020 - 2026) Analysis & Trends
First Watch Restaurant's Inventory history runs 7 years deep, the most recent figure standing at $7.1 million for Q1 2026.
- On a quarterly basis, Inventory rose 15.11% year-over-year to $7.1 million in Q1 2026; TTM through Mar 2026 was $7.1 million, a 15.11% increase from a year earlier, with the FY2025 full-year figure at $7.2 million, up 17.28% from the prior year.
- Inventory declined to $7.1 million in Q1 2026 per FWRG's latest filing, from $7.2 million in the prior quarter.
- Across five years, Inventory topped out at $7.2 million in Q4 2025 and bottomed at $3.7 million in Q1 2022.
- The 5-year median for Inventory is $5.3 million (2024), against an average of $5.4 million.
- Across the five-year window, Inventory rose 24.98% in 2022 and grew 7.02% in 2023, its largest moves.
- Year by year, Inventory stood at $5.0 million in 2022, then gained by 7.02% to $5.4 million in 2023, then rose by 13.68% to $6.1 million in 2024, then increased by 17.28% to $7.2 million in 2025, then declined by 0.52% to $7.1 million in 2026.
- Per Business Quant, the three latest FWRG Inventory figures stand at $7.1 million (Q1 2026), $7.2 million (Q4 2025), and $6.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 2.16 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 44.69 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 203.00 Mn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 326.30 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 414.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 46.04 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 75.06 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 37.39 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | 7.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 7.14 Mn |
| Dec 28, 2025 | 7.17 Mn |
| Sep 28, 2025 | 6.49 Mn |
| Jun 29, 2025 | 6.77 Mn |
| Mar 30, 2025 | 6.20 Mn |
| Dec 29, 2024 | 6.12 Mn |
| Sep 29, 2024 | 5.33 Mn |
| Jun 30, 2024 | 5.67 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Dec 31, 2023 | 5.38 Mn |
| Sep 24, 2023 | 4.79 Mn |
| Jun 25, 2023 | 4.89 Mn |
| Mar 26, 2023 | 4.41 Mn |
| Dec 25, 2022 | 5.03 Mn |
| Sep 25, 2022 | 4.12 Mn |
| Jun 26, 2022 | 3.97 Mn |
| Mar 27, 2022 | 3.73 Mn |
| Dec 26, 2021 | 4.02 Mn |
| Sep 26, 2021 | 3.47 Mn |
| Dec 27, 2020 | 2.92 Mn |