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
DateValue
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