First Watch Restaurant (FWRG) Prepaid Assets (2020 - 2026)
First Watch Restaurant (FWRG) posted Prepaid Assets of $8.28 million for Q3 2026, up 23.4% from $6.71 million a year earlier but down 21.5% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Prepaid Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Prepaid Assets came in at $7.95 million, up 13.4% from FY2024.
- Annual Prepaid Assets shows a five-year compound annual growth rate of 26.1% (FY2020 to FY2025).
- In prior years, First Watch Restaurant's Prepaid Assets was $7.01 million in FY2024 (-6.5%), $7.49 million in FY2023 (+29.2%), $5.8 million in FY2022 (+2.2%) and $5.68 million in FY2021 (+128.0%).
- Quarterly Prepaid Assets has run from a low of $4.33 million in Q3 2022 to a high of $12.37 million in Q1 2026 over five years.
- On a year-over-year basis, Prepaid Assets has increased in each of the last four quarters, with growth averaging 10.1% over the last eight quarters.
- The strongest year-over-year quarter for Prepaid Assets in the past five years was Q4 2021, with growth of 128.0%; the weakest was Q3 2025, with a decline of 9.8%.
- According to Business Quant data, Prepaid Assets for the three prior quarters was $10.55 million (Q2 2026), $12.37 million (Q1 2026) and $7.95 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 8.28 Mn |
| Jun 28, 2026 | 10.55 Mn |
| Mar 29, 2026 | 12.37 Mn |
| Dec 28, 2025 | 7.95 Mn |
| Sep 28, 2025 | 6.71 Mn |
| Jun 29, 2025 | 8.40 Mn |
| Mar 30, 2025 | 10.68 Mn |
| Dec 29, 2024 | 7.01 Mn |
| Sep 29, 2024 | 7.44 Mn |
| Jun 30, 2024 | 8.49 Mn |
| Mar 31, 2024 | 8.91 Mn |
| Dec 31, 2023 | 7.49 Mn |
| Sep 24, 2023 | 4.70 Mn |
| Jun 25, 2023 | 5.89 Mn |
| Mar 26, 2023 | 6.67 Mn |
| Dec 25, 2022 | 5.80 Mn |
| Sep 25, 2022 | 4.33 Mn |
| Jun 26, 2022 | 5.54 Mn |
| Mar 27, 2022 | 6.32 Mn |
| Dec 26, 2021 | 5.68 Mn |
API Access
First Watch Restaurant Prepaid Assets 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=prepaid-assets&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();