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| Date | Value |
|---|---|
| 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 |