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
Download Data| Date | Value |
|---|---|
| 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 |