First Watch Restaurant (FWRG) Other Working Capital Changes (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Other Working Capital Changes came in at -$3.6 million in Q1 2026, up 19.7% year-on-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.
- On a quarterly basis, Other Working Capital Changes rose 19.7% year-over-year to -$3.6 million in Q1 2026; TTM through Mar 2026 was $1.4 million, a 501.69% increase from a year earlier, with the FY2025 full-year figure at $555000.0, up 508.09% from the prior year.
- Other Working Capital Changes slipped to -$3.6 million in Q1 2026 per FWRG's latest filing, from $3.3 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $3.1 million in Q4 2025 and bottomed 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.
- Across the five-year window, Other Working Capital Changes tumbled 2737.76% in 2023 and soared 217.12% in 2025, its largest moves.
- Year by year, Other Working Capital Changes stood at -$5.0 million in 2022, then soared by 185.16% to $4.2 million in 2023, then jumped by 77.49% to $7.5 million in 2024, then sank by 56.06% to $3.3 million in 2025, then tumbled by 207.22% to -$3.6 million in 2026.
- Per Business Quant, the three latest FWRG Other Working Capital Changes figures stand at -$3.6 million (Q1 2026), $3.3 million (Q4 2025), and -$1.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 29, 2024 | -1.99 Mn |
| Sep 29, 2024 | 1.27 Mn |
| Sep 29, 2024 | 1.27 Mn |