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

First Watch Restaurant (FWRG) posted quarterly Other Working Capital Changes of -$3.6 million for Q1 2026, up 19.7% year-over-year from -$3.0 million in Q1 2025, and down 207.22% quarter-over-quarter from $3.3 million in Q4 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 -$3.6 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes rose 19.7% year-over-year to -$3.6 million; the TTM figure through Mar 2026 stood at $1.4 million (up 501.69% YoY), while the FY2025 annual figure was $555000.0, up 508.09% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at -$3.6 million, down from $3.3 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $3.1 million in Q4 2025, with the low at -$3.2 million in Q4 2022.
  • The 5-year median for Other Working Capital Changes is $800000.0 (2022), against an average of $299176.5.
  • The sharpest annual moves came in 2023 and 2025: Other Working Capital Changes slumped 2737.76% in 2023, then soared 217.12% in 2025.
  • First Watch Restaurant's Other Working Capital Changes stood at -$5.0 million in 2022, then surged by 185.16% to $4.2 million in 2023, then soared by 77.49% to $7.5 million in 2024, then slumped by 56.06% to $3.3 million in 2025, then plunged by 207.22% to -$3.6 million in 2026.
  • Business Quant data shows FWRG's Other Working Capital Changes at -$3.6 million in Q1 2026, $3.3 million in Q4 2025, and -$1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn
10 First Watch Restaurant 784.98 Mn 764.50 Mn 272.08 Mn

Historic Data

Download Data
DateValue
Jun 28, 2026 1.26 Mn
Jun 28, 2026 1.26 Mn
Jun 28, 2026 1.26 Mn
Mar 29, 2026 -2.96 Mn
Mar 29, 2026 -2.96 Mn
Mar 29, 2026 -2.96 Mn
Dec 28, 2025 3.07 Mn
Dec 28, 2025 3.07 Mn
Dec 28, 2025 3.07 Mn
Sep 28, 2025 1.46 Mn
Sep 28, 2025 1.46 Mn
Sep 28, 2025 1.46 Mn
Jun 29, 2025 1.22 Mn
Jun 29, 2025 1.22 Mn
Jun 29, 2025 1.22 Mn
Mar 30, 2025 -88,000.00
Mar 30, 2025 -88,000.00
Mar 30, 2025 -88,000.00
Dec 29, 2024 -1.99 Mn
Dec 29, 2024 -1.99 Mn