First Watch Restaurant (FWRG) Operating Leases (2020 - 2026)

First Watch Restaurant's Operating Leases history runs 7 years deep, the most recent figure standing at $763.4 million for Q1 2026.

• On a quarterly basis, Operating Leases rose 31.87% year-over-year to $763.4 million in Q1 2026; TTM through Mar 2026 was $763.4 million, a 31.87% increase from a year earlier, with the FY2025 full-year figure at $739.2 million, up 20.38% from the prior year.
• Operating Leases advanced to $763.4 million in Q1 2026 per FWRG's latest filing, from $739.2 million in the prior quarter.
• Across five years, Operating Leases topped out at $763.4 million in Q1 2026 and bottomed at $366.1 million in Q4 2022.
• The 5-year median for Operating Leases is $485.7 million (2024), against an average of $526.8 million.
• Across the five-year window, Operating Leases gained 8.79% in 2023 and soared 39.15% in 2024, its largest moves.
• Year by year, Operating Leases stood at $366.1 million in 2022, then increased by 20.53% to $441.3 million in 2023, then soared by 39.15% to $614.0 million in 2024, then rose by 20.38% to $739.2 million in 2025, then climbed by 3.28% to $763.4 million in 2026.
• Per Business Quant, the three latest FWRG Operating Leases figures stand at $763.4 million (Q1 2026), $739.2 million (Q4 2025), and $731.2 million (Q3 2025).