First Watch Restaurant (FWRG) Receivables (2020 - 2026)
First Watch Restaurant (FWRG) recorded Receivables of $7.16 million in Q3 2026, up 30.1% from $5.51 million a year earlier and up 5.2% 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%).
- The Q3 2026 figure is the highest quarterly Receivables since Q4 2024.
- On a year-over-year basis, Receivables has increased for three consecutive quarters, with growth averaging 21.6% over the last eight quarters.
- 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 $6.81 million (Q2 2026), $6.03 million (Q1 2026) and $6.86 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.08 Bn | 192.90 Bn | 6.42 Bn | 2.49 Bn |
| 2 | Starbucks | 123.34 Bn | 110.96 Bn | - | 1.30 Bn |
| 3 | Chipotle Mexican Grill | 45.28 Bn | 41.78 Bn | - | 99.54 Mn |
| 4 | Yum Brands | 43.42 Bn | 40.31 Bn | 1.47 Bn | 623.00 Mn |
| 5 | Restaurant Brands International | 26.75 Bn | 22.54 Bn | 1.40 Bn | 799.00 Mn |
| 6 | Darden Restaurants | 25.71 Bn | 24.80 Bn | 1.68 Bn | 118.00 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 799.00 Mn |
| 8 | Yum China Holdings | 17.17 Bn | 10.82 Bn | 537.00 Mn | 115.00 Mn |
| 9 | Texas Roadhouse | 12.34 Bn | 11.68 Bn | - | 74.14 Mn |
| 10 | First Watch Restaurant | 835.07 Mn | 748.71 Mn | - | 7.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 7.16 Mn |
| 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 |
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();