First Watch Restaurant FWRG
NASDAQ FWRG
$12.05 +0.35 (+2.99%)
As of: Sep 4, 2026 · 3:59 PM EDT

First Watch Restaurant (FWRG) Share-based Compensation (2020 - 2026)

First Watch Restaurant (FWRG) posted quarterly Share-based Compensation of $3.4 million for Q1 2026, down 87.5% year-over-year from $26.8 million in Q1 2025, and down 96.87% quarter-over-quarter from $107.0 million in Q4 2025.

Analysis

First Watch Restaurant (FWRG) Share-based Compensation (2020 - 2026) Analysis & Trends

First Watch Restaurant's Share-based Compensation history runs 7 years deep, the most recent figure standing at $3.4 million for Q1 2026.

  • In Q1 2026, Share-based Compensation fell 87.5% year-over-year to $3.4 million; the TTM figure through Mar 2026 stood at $91.4 million (down 40.65% YoY), while the FY2025 annual figure was $114.9 million, down 11.0% from the prior year.
  • Share-based Compensation for Q1 2026 stood at $3.4 million, down from $107.0 million in the prior quarter.
  • The five-year high for Share-based Compensation was $107.0 million in Q4 2025, with the low at -$57.1 million in Q4 2023.
  • The 5-year median for Share-based Compensation is $16.9 million (2022), against an average of $17.7 million.
  • The sharpest annual moves came in 2022 and 2023: Share-based Compensation jumped 8929.95% in 2022, then sank 249.53% in 2023.
  • First Watch Restaurant's Share-based Compensation stood at $38.2 million in 2022, then tumbled by 249.53% to -$57.1 million in 2023, then surged by 143.24% to $24.7 million in 2024, then jumped by 333.6% to $107.0 million in 2025, then tumbled by 96.87% to $3.4 million in 2026.
  • Business Quant data shows FWRG's Share-based Compensation at $3.4 million in Q1 2026, $107.0 million in Q4 2025, and $2.9 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 39.00 Mn
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 71.10 Mn
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 6.52 Mn
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 11.00 Mn
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 35.00 Mn
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 12.60 Mn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 35.00 Mn
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 13.00 Mn
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn -
10 First Watch Restaurant 743.74 Mn 723.25 Mn 272.08 Mn 36.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 36.14 Mn
Mar 29, 2026 24.84 Mn
Dec 28, 2025 10.81 Mn
Sep 28, 2025 20.66 Mn
Jun 29, 2025 56.61 Mn
Mar 30, 2025 26.82 Mn
Dec 29, 2024 24.67 Mn
Sep 29, 2024 30.86 Mn
Jun 30, 2024 64.67 Mn
Mar 31, 2024 8.90 Mn
Dec 31, 2023 24.16 Mn
Sep 24, 2023 37.03 Mn
Jun 25, 2023 19.30 Mn
Mar 26, 2023 8.32 Mn
Dec 25, 2022 8.02 Mn
Sep 25, 2022 10.75 Mn
Jun 26, 2022 16.89 Mn
Mar 27, 2022 10.33 Mn
Dec 26, 2021 10.47 Mn
Sep 26, 2021 4.04 Mn