Growth Metrics

First Watch Restaurant (FWRG) Non-Current Debt (2020 - 2026)

First Watch Restaurant's quarterly Non-Current Debt came in at $268.7 million in Q1 2026, up 40.32% year-on-year from $191.5 million in Q1 2025, and little changed quarter-over-quarter from $269.1 million in Q4 2025.

First Watch Restaurant has reported Non-Current Debt for 7 years, with the latest figure at $268.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 40.32% year-over-year to $268.7 million; the trailing twelve-month figure through Mar 2026 stood at $268.7 million (up 40.32% YoY), and the FY2025 full-year result was $269.1 million, up 42.33% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $268.7 million, roughly flat from $269.1 million in the prior quarter.
  • The five-year high for Non-Current Debt was $269.1 million in Q4 2025, with the low at $90.9 million in Q3 2023.
  • Average Non-Current Debt over 5 years is $159.2 million, with a median of $122.7 million recorded in 2024.
  • Year-over-year, Non-Current Debt slumped 66.66% in 2022 and jumped 108.53% in 2024.
  • Tracing FWRG's Non-Current Debt over 5 years: stood at $94.7 million in 2022, then increased by 26.51% to $119.8 million in 2023, then surged by 57.84% to $189.0 million in 2024, then surged by 42.33% to $269.1 million in 2025, then decreased by 0.12% to $268.7 million in 2026.
  • The last three Non-Current Debt figures came in at $268.7 million (Q1 2026), $269.1 million (Q4 2025), and $251.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 13.08 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 10.21 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 13.23 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn -
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 50.00 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 4.88 Bn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 268.74 Mn

Historic Data

Download Data 🔒
DateValue
Mar 29, 2026 268.74 Mn
Mar 29, 2026 268.74 Mn
Dec 28, 2025 269.07 Mn
Dec 28, 2025 269.07 Mn
Sep 28, 2025 250.99 Mn
Sep 28, 2025 250.99 Mn
Jun 29, 2025 250.01 Mn
Jun 29, 2025 250.01 Mn
Mar 30, 2025 191.52 Mn
Mar 30, 2025 191.52 Mn
Dec 29, 2024 189.04 Mn
Dec 29, 2024 189.04 Mn
Sep 29, 2024 189.65 Mn
Sep 29, 2024 189.65 Mn
Jun 30, 2024 192.07 Mn
Jun 30, 2024 192.07 Mn
Mar 31, 2024 122.71 Mn
Mar 31, 2024 122.71 Mn
Dec 31, 2023 119.77 Mn
Dec 31, 2023 119.77 Mn
Sep 24, 2023 90.95 Mn
Sep 24, 2023 90.95 Mn
Jun 25, 2023 92.17 Mn
Jun 25, 2023 92.17 Mn
Mar 26, 2023 93.41 Mn
Mar 26, 2023 93.41 Mn
Dec 25, 2022 94.67 Mn
Dec 25, 2022 94.67 Mn
Sep 25, 2022 95.91 Mn
Sep 25, 2022 95.91 Mn
Jun 26, 2022 97.18 Mn
Jun 26, 2022 97.18 Mn
Mar 27, 2022 98.45 Mn
Mar 27, 2022 98.45 Mn
Dec 26, 2021 99.75 Mn
Dec 26, 2021 99.75 Mn
Sep 26, 2021 287.66 Mn
Sep 26, 2021 287.66 Mn
Dec 27, 2020 286.40 Mn
Dec 27, 2020 286.40 Mn