First Watch Restaurant (FWRG) Non Operating Interest Expenses (2020 - 2026)
First Watch Restaurant (FWRG) posted Non Operating Interest Expenses of $4.89 million for Q2 2026, up 22.2% from $4 million a year earlier and up 2.4% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Non Operating Interest Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Non Operating Interest Expenses at First Watch Restaurant was $19.03 million, up 36.0% year-over-year; for FY2025, it was $16.7 million, up 32.1% from FY2024.
- Annual Non Operating Interest Expenses has increased for three consecutive years, though with a five-year compound annual growth rate of -6.1% (FY2020 to FY2025).
- In prior years, First Watch Restaurant's Non Operating Interest Expenses was $12.64 million in FY2024 (+56.8%), $8.06 million in FY2023 (+54.1%), $5.23 million in FY2022 (-74.0%) and $20.1 million in FY2021 (-11.9%).
- The Q2 2026 figure stands as the highest quarterly Non Operating Interest Expenses since Q3 2021.
- On a year-over-year basis, Non Operating Interest Expenses has increased in each of the last 15 quarters, with growth averaging 40.2% over the last eight quarters.
- The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q1 2023, with growth of 89.6%; the weakest was Q1 2022, with a decline of 84.1%.
- According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $4.78 million (Q1 2026), $4.8 million (Q4 2025) and $4.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 163.51 Bn | 158.34 Bn | 6.42 Bn | 409.00 Mn |
| 2 | Starbucks | 107.11 Bn | 94.75 Bn | - | 134.60 Mn |
| 3 | Chipotle Mexican Grill | 40.42 Bn | 36.40 Bn | - | - |
| 4 | Yum Brands | 37.23 Bn | 34.12 Bn | 1.47 Bn | - |
| 5 | Restaurant Brands International | 24.82 Bn | 21.92 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 22.06 Bn | 21.17 Bn | -113.70 Mn | - |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 124.00 Mn |
| 8 | Yum China Holdings | 14.18 Bn | 8.54 Bn | 537.00 Mn | - |
| 9 | Texas Roadhouse | 10.25 Bn | 9.62 Bn | - | - |
| 10 | First Watch Restaurant | 627.62 Mn | 541.61 Mn | - | 4.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.89 Mn |
| Mar 29, 2026 | 4.78 Mn |
| Dec 28, 2025 | 4.80 Mn |
| Sep 28, 2025 | 4.57 Mn |
| Jun 29, 2025 | 4.00 Mn |
| Mar 30, 2025 | 3.33 Mn |
| Dec 29, 2024 | 3.22 Mn |
| Sep 29, 2024 | 3.44 Mn |
| Jun 30, 2024 | 3.38 Mn |
| Mar 31, 2024 | 2.60 Mn |
| Dec 31, 2023 | 2.27 Mn |
| Sep 24, 2023 | 1.85 Mn |
| Jun 25, 2023 | 2.04 Mn |
| Mar 26, 2023 | 1.91 Mn |
| Dec 25, 2022 | 1.74 Mn |
| Sep 25, 2022 | 1.36 Mn |
| Jun 26, 2022 | 1.13 Mn |
| Mar 27, 2022 | 1.01 Mn |
| Dec 26, 2021 | 1.44 Mn |
| Sep 26, 2021 | 6.05 Mn |
API Access
First Watch Restaurant Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();