First Watch Restaurant (FWRG) Inventory Average (2021 - 2026)
First Watch Restaurant (FWRG) posted quarterly Inventory Average of $7.2 million for Q1 2026, up 16.19% year-over-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 (FWRG) Inventory Average (2021 - 2026) Analysis & Trends
First Watch Restaurant's Inventory Average history runs 6 years deep, the most recent figure standing at $7.2 million for Q1 2026.
- In Q1 2026, Inventory Average rose 16.19% year-over-year to $7.2 million; the TTM figure through Mar 2026 stood at $7.2 million (up 16.19% YoY), while the FY2025 annual figure 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.
- The 5-year median for Inventory Average is $5.3 million (2024), against an average of $5.3 million.
- The sharpest annual moves came in 2022 and 2023: Inventory Average rose 21.99% in 2022, then climbed 11.24% in 2023.
- First Watch Restaurant's Inventory Average stood at $4.6 million in 2022, then climbed by 11.24% to $5.1 million in 2023, then increased by 12.52% to $5.7 million in 2024, then advanced by 19.34% to $6.8 million in 2025, then grew by 4.77% to $7.2 million in 2026.
- Business Quant data shows FWRG's Inventory Average at $7.2 million in Q1 2026, $6.8 million in Q4 2025, and $6.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 59.50 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 2.18 Bn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 45.65 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | - |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 213.50 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 335.80 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 213.50 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 436.50 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 47.87 Mn |
| 10 | First Watch Restaurant | 784.98 Mn | 764.50 Mn | 272.08 Mn | 7.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 7.47 Mn |
| 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 |