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

First Watch Restaurant (FWRG) posted quarterly Non-Current Debt of $268.7 million for Q1 2026, up 40.32% year-over-year from $191.5 million in Q1 2025, and little changed quarter-over-quarter from $269.1 million in Q4 2025.

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

First Watch Restaurant's Non-Current Debt history runs 7 years deep, the most recent figure standing at $268.7 million for Q1 2026.

  • In Q1 2026, Non-Current Debt rose 40.32% year-over-year to $268.7 million; the TTM figure through Mar 2026 stood at $268.7 million (up 40.32% YoY), while the FY2025 annual figure 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.
  • The 5-year median for Non-Current Debt is $122.7 million (2024), against an average of $159.2 million.
  • The sharpest annual moves came in 2022 and 2024: Non-Current Debt sank 66.66% in 2022, then jumped 108.53% in 2024.
  • First Watch Restaurant's Non-Current Debt stood at $94.7 million in 2022, then climbed by 26.51% to $119.8 million in 2023, then soared by 57.84% to $189.0 million in 2024, then soared by 42.33% to $269.1 million in 2025, then fell by 0.12% to $268.7 million in 2026.
  • Business Quant data shows FWRG's Non-Current Debt at $268.7 million in Q1 2026, $269.1 million in Q4 2025, and $251.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 39.86 Bn
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 13.28 Bn
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn -
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn 9.46 Bn
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn 13.25 Bn
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn 1.64 Bn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 13.25 Bn
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn -
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 50.00 Mn
10 First Watch Restaurant 784.98 Mn 764.50 Mn 272.08 Mn 277.69 Mn

Historic Data

Download Data
DateValue
Jun 28, 2026 277.69 Mn
Mar 29, 2026 268.74 Mn
Dec 28, 2025 269.07 Mn
Sep 28, 2025 250.99 Mn
Jun 29, 2025 250.01 Mn
Mar 30, 2025 191.52 Mn
Dec 29, 2024 189.04 Mn
Sep 29, 2024 189.65 Mn
Jun 30, 2024 192.07 Mn
Mar 31, 2024 122.71 Mn
Dec 31, 2023 119.77 Mn
Sep 24, 2023 90.95 Mn
Jun 25, 2023 92.17 Mn
Mar 26, 2023 93.41 Mn
Dec 25, 2022 94.67 Mn
Sep 25, 2022 95.91 Mn
Jun 26, 2022 97.18 Mn
Mar 27, 2022 98.45 Mn
Dec 26, 2021 99.75 Mn
Sep 26, 2021 287.66 Mn