Growth Metrics

First Watch Restaurant (FWRG) Non-Current Debt (2020 - 2025)

First Watch Restaurant (FWRG) has 6 years of Non-Current Debt data on record, last reported at $269.1 million in Q4 2025.

  • For Q4 2025, Non-Current Debt rose 42.33% year-over-year to $269.1 million; the TTM value through Dec 2025 reached $269.1 million, up 42.33%, while the annual FY2025 figure was $269.1 million, 42.33% up from the prior year.
  • Non-Current Debt reached $269.1 million in Q4 2025 per FWRG's latest filing, up from $251.0 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $287.7 million in Q3 2021 and bottomed at $90.9 million in Q3 2023.
  • Average Non-Current Debt over 5 years is $156.9 million, with a median of $121.2 million recorded in 2023.
  • Peak YoY movement for Non-Current Debt: plummeted 66.66% in 2022, then surged 108.53% in 2024.
  • A 5-year view of Non-Current Debt shows it stood at $99.8 million in 2021, then fell by 5.1% to $94.7 million in 2022, then grew by 26.51% to $119.8 million in 2023, then skyrocketed by 57.84% to $189.0 million in 2024, then skyrocketed by 42.33% to $269.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Non-Current Debt were $269.1 million in Q4 2025, $251.0 million in Q3 2025, and $250.0 million in Q2 2025.