First Watch Restaurant (FWRG) Payables (2020 - 2026)
First Watch Restaurant's Payables came in at $10.01 million for Q3 2026, up 38.4% from $7.23 million a year earlier but down 2.6% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Payables was $8.7 million, up 25.0% from FY2024.
- Payables carries a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- Going back by year, Payables was $6.96 million in FY2024 (+10.1%), $6.32 million in FY2023 (-29.5%), $8.97 million in FY2022 (-33.4%) and $13.46 million in FY2021 (+219.0%).
- The five-year range for quarterly Payables is $5.55 million (Q3 2023) to $13.46 million (Q4 2021).
- Year-over-year, Payables has increased for ten consecutive quarters, with growth averaging 22.8% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q4 2021 (growth of 219.0%), and the weakest in Q1 2023 (a decline of 34.4%).
- Business Quant data shows FWRG's Payables at $10.28 million (Q2 2026), $9.77 million (Q1 2026) and $8.7 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.08 Bn | 192.90 Bn | 6.42 Bn | 1.11 Bn |
| 2 | Starbucks | 123.34 Bn | 110.96 Bn | - | 1.78 Bn |
| 3 | Chipotle Mexican Grill | 45.28 Bn | 41.78 Bn | - | 308.35 Mn |
| 4 | Yum Brands | 43.42 Bn | 40.31 Bn | 1.47 Bn | 4.00 Bn |
| 5 | Restaurant Brands International | 26.75 Bn | 22.54 Bn | 1.40 Bn | 816.00 Mn |
| 6 | Darden Restaurants | 25.71 Bn | 24.80 Bn | 1.68 Bn | 1.45 Bn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 816.00 Mn |
| 8 | Yum China Holdings | 17.17 Bn | 10.82 Bn | 537.00 Mn | 2.44 Bn |
| 9 | Texas Roadhouse | 12.34 Bn | 11.68 Bn | - | 179.04 Mn |
| 10 | First Watch Restaurant | 835.07 Mn | 748.71 Mn | - | 10.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 10.01 Mn |
| Jun 28, 2026 | 10.28 Mn |
| Mar 29, 2026 | 9.77 Mn |
| Dec 28, 2025 | 8.70 Mn |
| Sep 28, 2025 | 7.23 Mn |
| Jun 29, 2025 | 7.51 Mn |
| Mar 30, 2025 | 7.69 Mn |
| Dec 29, 2024 | 6.96 Mn |
| Sep 29, 2024 | 6.87 Mn |
| Jun 30, 2024 | 7.18 Mn |
| Mar 31, 2024 | 5.68 Mn |
| Dec 31, 2023 | 6.32 Mn |
| Sep 24, 2023 | 5.55 Mn |
| Jun 25, 2023 | 5.86 Mn |
| Mar 26, 2023 | 6.08 Mn |
| Dec 25, 2022 | 8.97 Mn |
| Sep 25, 2022 | 7.50 Mn |
| Jun 26, 2022 | 7.51 Mn |
| Mar 27, 2022 | 9.27 Mn |
| Dec 26, 2021 | 13.46 Mn |
API Access
First Watch Restaurant Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();