Growth Metrics

First Watch Restaurant (FWRG) Inventory Average (2021 - 2026)

First Watch Restaurant's quarterly Inventory Average came in at $7.2 million in Q1 2026, up 16.19% year-on-year from $6.2 million in Q1 2025, and up 4.77% quarter-over-quarter from $6.8 million in Q4 2025.

First Watch Restaurant has reported Inventory Average for 6 years, with the latest figure at $7.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Inventory Average rose 16.19% year-over-year to $7.2 million; the trailing twelve-month figure through Mar 2026 stood at $7.2 million (up 16.19% YoY), and the FY2025 full-year result was $6.6 million, up 15.59% from the prior year.
  • Inventory Average for Q1 2026 stood at $7.2 million, up from $6.8 million in the prior quarter.
  • The five-year high for Inventory Average was $7.2 million in Q1 2026, with the low at $3.8 million in Q2 2022.
  • Average Inventory Average over 5 years is $5.3 million, with a median of $5.3 million recorded in 2024.
  • Year-over-year, Inventory Average climbed 21.99% in 2022 and rose 11.24% in 2023.
  • Tracing FWRG's Inventory Average over 5 years: stood at $4.6 million in 2022, then increased by 11.24% to $5.1 million in 2023, then gained by 12.52% to $5.7 million in 2024, then grew by 19.34% to $6.8 million in 2025, then rose by 4.77% to $7.2 million in 2026.
  • The last three Inventory Average figures came in at $7.2 million (Q1 2026), $6.8 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 2.14 Bn
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 47.10 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 204.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 349.90 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 426.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 45.80 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 74.17 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 8.80 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 7.16 Mn

Historic Data

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DateValue
Mar 29, 2026 7.16 Mn
Dec 28, 2025 6.83 Mn
Sep 28, 2025 6.63 Mn
Jun 29, 2025 6.49 Mn
Mar 30, 2025 6.16 Mn
Dec 29, 2024 5.72 Mn
Sep 29, 2024 5.50 Mn
Jun 30, 2024 5.43 Mn
Mar 31, 2024 5.29 Mn
Dec 31, 2023 5.09 Mn
Sep 24, 2023 4.84 Mn
Jun 25, 2023 4.65 Mn
Mar 26, 2023 4.72 Mn
Dec 25, 2022 4.57 Mn
Sep 25, 2022 4.04 Mn
Jun 26, 2022 3.85 Mn
Mar 27, 2022 3.87 Mn
Dec 26, 2021 3.75 Mn