First Watch Restaurant (FWRG) Receivables (2020 - 2026)
First Watch Restaurant (FWRG) recorded Receivables of $6.81 million in Q2 2026, up 24.2% from $5.48 million a year earlier and up 13.0% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Receivables (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant reported Receivables of $6.86 million, down 5.2% from FY2024.
- Annual Receivables has a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $7.24 million in FY2024 (+30.8%), $5.53 million in FY2023 (-10.3%), $6.16 million in FY2022 (+38.5%) and $4.45 million in FY2021 (+13.7%).
- Quarterly Receivables has ranged from $2.9 million in Q3 2021 to $7.24 million in Q4 2024 over the past five years.
- On a year-over-year basis, Receivables rose in six of the last eight quarters, with growth averaging 17.7%.
- Peak year-over-year performance for Receivables in the last five years was growth of 45.4% in Q3 2023, against a decline of 10.3% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.03 million (Q1 2026), $6.86 million (Q4 2025) and $5.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 2.49 Bn |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 1.30 Bn |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 100.31 Mn |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 623.00 Mn |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 800.00 Mn |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 129.90 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 800.00 Mn |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 115.00 Mn |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 74.14 Mn |
| 10 | First Watch Restaurant | 640.58 Mn | 554.57 Mn | - | 6.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 6.81 Mn |
| Mar 29, 2026 | 6.03 Mn |
| Dec 28, 2025 | 6.86 Mn |
| Sep 28, 2025 | 5.51 Mn |
| Jun 29, 2025 | 5.48 Mn |
| Mar 30, 2025 | 5.96 Mn |
| Dec 29, 2024 | 7.24 Mn |
| Sep 29, 2024 | 4.93 Mn |
| Jun 30, 2024 | 4.03 Mn |
| Mar 31, 2024 | 4.13 Mn |
| Dec 31, 2023 | 5.53 Mn |
| Sep 24, 2023 | 4.99 Mn |
| Jun 25, 2023 | 4.47 Mn |
| Mar 26, 2023 | 3.83 Mn |
| Dec 25, 2022 | 6.16 Mn |
| Sep 25, 2022 | 3.43 Mn |
| Jun 26, 2022 | 3.87 Mn |
| Mar 27, 2022 | 3.03 Mn |
| Dec 26, 2021 | 4.45 Mn |
| Sep 26, 2021 | 2.90 Mn |
API Access
First Watch Restaurant Receivables 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=receivables&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();