First Watch Restaurant (FWRG) Other Working Capital Changes (2020 - 2026)

First Watch Restaurant (FWRG) recorded quarterly Other Working Capital Changes of -$2.4 million in Q1 2026, down 167.31% quarter-over-quarter from $3.6 million in Q4 2025, and down 166.39% on a YoY basis from $3.7 million in Q1 2025.

First Watch Restaurant (FWRG) Other Working Capital Changes (2020 - 2026) Analysis & Trends

First Watch Restaurant's Other Working Capital Changes history runs 7 years deep, the most recent figure standing at -$2.4 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes fell 166.39% year-over-year to -$2.4 million; the TTM figure through Mar 2026 stood at -$5.2 million (down 195.43% YoY), while the FY2025 annual figure was $868000.0, up 738.24% from the prior year.
  • Other Working Capital Changes was -$2.4 million for Q1 2026 at First Watch Restaurant, down from $3.6 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $6.8 million in Q3 2024 to a low of -$5.7 million in Q4 2022.
  • Historically, Other Working Capital Changes has averaged -$553705.9 across 5 years, with a median of -$1.5 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes sank 4521.62% in 2024, then soared 6350.0% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at -$5.7 million in 2022, then jumped by 174.48% to $4.2 million in 2023, then sank by 101.37% to -$58000.0 in 2024, then jumped by 6350.0% to $3.6 million in 2025, then sank by 167.31% to -$2.4 million in 2026.
  • The last three Other Working Capital Changes figures came in at -$2.4 million (Q1 2026), $3.6 million (Q4 2025), and -$1.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn
10 First Watch Restaurant 722.06 Mn 698.50 Mn 256.65 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 -2.44 Mn
Mar 29, 2026 -2.44 Mn
Dec 28, 2025 3.63 Mn
Dec 28, 2025 3.63 Mn
Sep 28, 2025 -1.46 Mn
Sep 28, 2025 -1.46 Mn
Jun 29, 2025 -4.98 Mn
Jun 29, 2025 -4.98 Mn
Mar 30, 2025 3.68 Mn
Mar 30, 2025 3.68 Mn
Dec 29, 2024 -58,000.00
Dec 29, 2024 -58,000.00
Sep 29, 2024 6.79 Mn
Sep 29, 2024 6.79 Mn
Jun 30, 2024 -4.91 Mn
Jun 30, 2024 -4.91 Mn
Mar 31, 2024 -1.96 Mn
Mar 31, 2024 -1.96 Mn
Dec 31, 2023 4.25 Mn
Dec 31, 2023 4.25 Mn