First Watch Restaurant (FWRG) Net Cash Flow (2020 - 2026)
First Watch Restaurant (FWRG) reported Net Cash Flow of $580,000 for Q3 2026, down 62.3% from $1.54 million a year earlier.
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Analysis
First Watch Restaurant (FWRG) Net Cash Flow (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, First Watch Restaurant's Net Cash Flow came in at $351,000; for FY2025, it was -$12.07 million.
- By year, Net Cash Flow came in at -$16.65 million in FY2024, $38,000 in FY2023, -$2.19 million in FY2022 and $13.02 million in FY2021 (-53.5%).
- Five-year quarterly Net Cash Flow spans a low of -$26.84 million in Q3 2023 and a high of $12.42 million in Q2 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$3.08 million (Q2 2026), $2.32 million (Q1 2026) and $532,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn | 399.00 Mn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - | 406.30 Mn |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn | 1.38 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn | -86.00 Mn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn | 3.30 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | -1.34 Bn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn | 48.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn | -61.02 Mn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn | 580,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 580,000.00 |
| Jun 28, 2026 | -3.08 Mn |
| Mar 29, 2026 | 2.32 Mn |
| Dec 28, 2025 | 532,000.00 |
| Sep 28, 2025 | 1.54 Mn |
| Jun 29, 2025 | 570,000.00 |
| Mar 30, 2025 | -14.71 Mn |
| Dec 29, 2024 | -17.82 Mn |
| Sep 29, 2024 | 5.77 Mn |
| Jun 30, 2024 | 1.86 Mn |
| Mar 31, 2024 | -6.46 Mn |
| Dec 31, 2023 | 9.71 Mn |
| Sep 24, 2023 | -26.84 Mn |
| Jun 25, 2023 | 12.42 Mn |
| Mar 26, 2023 | 4.74 Mn |
| Dec 25, 2022 | 301,000.00 |
| Sep 25, 2022 | -4.20 Mn |
| Jun 26, 2022 | 7.05 Mn |
| Mar 27, 2022 | -5.34 Mn |
| Dec 26, 2021 | 13,000.00 |
API Access
First Watch Restaurant Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();