First Watch Restaurant (FWRG) Receivables - Net (2020 - 2026)
First Watch Restaurant (FWRG) posted Receivables - Net of $6.81 million for Q2 2026, up 24.2% from $5.48 million a year earlier and up 13.0% from the prior quarter.
Powered by 
Analysis
First Watch Restaurant (FWRG) Receivables - Net (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Receivables - Net came in at $6.86 million, down 5.2% from FY2024.
- Annual Receivables - Net shows a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- In prior years, First Watch Restaurant's Receivables - Net was $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 - Net has run from a low of $2.9 million in Q3 2021 to a high of $7.24 million in Q4 2024 over five years.
- On a year-over-year basis, Receivables - Net increased in six of the last eight quarters, with growth averaging 17.7%.
- The strongest year-over-year quarter for Receivables - Net in the past five years was Q3 2023, with growth of 45.4%; the weakest was Q4 2023, with a decline of 10.3%.
- According to Business Quant data, Receivables - Net for the three prior quarters was $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) |
|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - |
| 10 | First Watch Restaurant | 640.58 Mn | 554.57 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 - Net 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-net&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();