First Watch Restaurant (FWRG) Other Operating Expenses (2020 - 2026)
First Watch Restaurant's Other Operating Expenses was $167.91 million in Q3 2026, up 11.8% from $150.18 million a year earlier but down 1.4% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Other Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Watch Restaurant's Other Operating Expenses was $645.94 million through Sep 27, 2026, up 15.2% year-over-year; for FY2025, it came in at $585.49 million, up 24.3% from FY2024.
- Other Operating Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 25.0% (FY2020 to FY2025).
- In earlier years, Other Operating Expenses was $470.98 million in FY2024 (+14.3%), $411.93 million in FY2023 (+15.8%), $355.8 million in FY2022 (+24.0%) and $287.02 million in FY2021 (+49.3%).
- Quarterly Other Operating Expenses has moved between $76.66 million (Q4 2021) and $170.26 million (Q2 2026) over five years.
- Compared with a year earlier, Other Operating Expenses has increased for 21 straight quarters, with growth averaging 18.7% over the last eight quarters.
- The year-over-year growth in Other Operating Expenses has ranged between 9.9% (Q4 2024) and 33.7% (Q4 2021) over the last five years.
- Per Business Quant data, FWRG's Other Operating Expenses in the three quarters before Q3 2026 was $170.26 million (Q2 2026), $158.01 million (Q1 2026) and $149.77 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 3.29 Mn |
| Jun 28, 2026 | 3.20 Mn |
| Mar 29, 2026 | 2.90 Mn |
| Dec 28, 2025 | 2.82 Mn |
| Sep 28, 2025 | 3.64 Mn |
| Jun 29, 2025 | 3.38 Mn |
| Mar 30, 2025 | 2.65 Mn |
| Dec 29, 2024 | 4.19 Mn |
| Sep 29, 2024 | 2.27 Mn |
| Jun 30, 2024 | 1.68 Mn |
| Mar 31, 2024 | 1.45 Mn |
| Dec 31, 2023 | 2.11 Mn |
| Sep 24, 2023 | 1.85 Mn |
| Jun 25, 2023 | 953,000.00 |
| Mar 26, 2023 | 902,000.00 |
| Dec 25, 2022 | 1.50 Mn |
| Sep 25, 2022 | 1.15 Mn |
| Jun 26, 2022 | 939,000.00 |
| Mar 27, 2022 | 906,000.00 |
| Dec 26, 2021 | -135,000.00 |
API Access
First Watch Restaurant Other Operating 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=other-operating-expenses&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();