Growth Metrics

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

First Watch Restaurant's quarterly Other Working Capital Changes came in at -$2.4 million in Q1 2026, down 166.39% year-on-year from $3.7 million in Q1 2025, and down 167.31% quarter-over-quarter from $3.6 million in Q4 2025.

First Watch Restaurant has reported Other Working Capital Changes for 7 years, with the latest figure at -$2.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes fell 166.39% year-over-year to -$2.4 million; the trailing twelve-month figure through Mar 2026 stood at -$5.2 million (down 195.43% YoY), and the FY2025 full-year result was $868000.0, up 738.24% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at -$2.4 million, down from $3.6 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $6.8 million in Q3 2024, with the low at -$5.7 million in Q4 2022.
  • Average Other Working Capital Changes over 5 years is -$553705.9, with a median of -$1.5 million recorded in 2025.
  • Year-over-year, Other Working Capital Changes sank 4521.62% in 2024 and surged 6350.0% in 2025.
  • Tracing FWRG's Other Working Capital Changes over 5 years: stood at -$5.7 million in 2022, then surged by 174.48% to $4.2 million in 2023, then plunged by 101.37% to -$58000.0 in 2024, then surged by 6350.0% to $3.6 million in 2025, then plunged 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 110.27 Bn 108.58 Bn 9.40 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn

Historic Data

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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
Sep 24, 2023 -2.98 Mn
Sep 24, 2023 -2.98 Mn
Jun 25, 2023 111,000.00
Jun 25, 2023 111,000.00
Mar 26, 2023 -2.03 Mn
Mar 26, 2023 -2.03 Mn
Dec 25, 2022 -5.70 Mn
Dec 25, 2022 -5.70 Mn
Sep 25, 2022 -1.21 Mn
Sep 25, 2022 -1.21 Mn
Jun 26, 2022 1.47 Mn
Jun 26, 2022 1.47 Mn
Mar 27, 2022 -1.60 Mn
Mar 27, 2022 -1.60 Mn
Dec 26, 2021 2.55 Mn
Dec 26, 2021 2.55 Mn
Sep 26, 2021 6.65 Mn
Sep 26, 2021 6.65 Mn
Jun 27, 2021 -4.68 Mn
Jun 27, 2021 -4.68 Mn
Mar 28, 2021 -1.34 Mn
Mar 28, 2021 -1.34 Mn
Dec 27, 2020 -328,000.00
Dec 27, 2020 -328,000.00