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First Watch Restaurant (FWRG) Operating Leases (2020 - 2025)

Historic Operating Leases for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to $731.2 million.

  • First Watch Restaurant's Operating Leases rose 2557.76% to $731.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $731.2 million, marking a year-over-year increase of 2557.76%. This contributed to the annual value of $614.0 million for FY2024, which is 2722.47% up from last year.
  • Latest data reveals that First Watch Restaurant reported Operating Leases of $731.2 million as of Q3 2025, which was up 2557.76% from $704.4 million recorded in Q2 2025.
  • In the past 5 years, First Watch Restaurant's Operating Leases ranged from a high of $731.2 million in Q3 2025 and a low of $364.3 million during Q3 2021
  • For the 5-year period, First Watch Restaurant's Operating Leases averaged around $494.8 million, with its median value being $464.5 million (2023).
  • Its Operating Leases has fluctuated over the past 5 years, first skyrocketed by 584.93% in 2021, then skyrocketed by 3148.73% in 2025.
  • Quarter analysis of 5 years shows First Watch Restaurant's Operating Leases stood at $370.7 million in 2021, then grew by 9.65% to $406.5 million in 2022, then increased by 18.74% to $482.6 million in 2023, then increased by 27.22% to $614.0 million in 2024, then increased by 19.07% to $731.2 million in 2025.
  • Its Operating Leases was $731.2 million in Q3 2025, compared to $704.4 million in Q2 2025 and $639.9 million in Q1 2025.