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

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

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.

  • On a quarterly basis, Share-based Compensation fell 87.5% year-over-year to $3.4 million in Q1 2026; TTM through Mar 2026 was $91.4 million, a 40.65% decrease from a year earlier, with the FY2025 full-year figure at $114.9 million, down 11.0% from the prior year.
  • Share-based Compensation fell to $3.4 million in Q1 2026 per FWRG's latest filing, from $107.0 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $107.0 million in Q4 2025 and bottomed 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.
  • Across the five-year window, Share-based Compensation jumped 8929.95% in 2022 and slumped 249.53% in 2023, its largest moves.
  • Year by year, Share-based Compensation stood at $38.2 million in 2022, then slumped by 249.53% to -$57.1 million in 2023, then soared by 143.24% to $24.7 million in 2024, then surged by 333.6% to $107.0 million in 2025, then slumped by 96.87% to $3.4 million in 2026.
  • Per Business Quant, the three latest FWRG Share-based Compensation figures stand at $3.4 million (Q1 2026), $107.0 million (Q4 2025), and $2.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn -65.90 Mn
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 48.00 Mn
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 24.00 Mn
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 35.00 Mn
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 12.60 Mn
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 10.00 Mn
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 13.46 Mn
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 8.25 Mn
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 5.28 Mn
10 First Watch Restaurant 737.04 Mn 713.47 Mn 279.06 Mn 3.35 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 3.35 Mn
Mar 29, 2026 3.35 Mn
Dec 28, 2025 106.98 Mn
Dec 28, 2025 106.98 Mn
Sep 28, 2025 2.88 Mn
Sep 28, 2025 2.88 Mn
Jun 29, 2025 -21.77 Mn
Jun 29, 2025 -21.77 Mn
Mar 30, 2025 26.82 Mn
Mar 30, 2025 26.82 Mn
Dec 29, 2024 24.67 Mn
Dec 29, 2024 24.67 Mn
Sep 29, 2024 30.86 Mn
Sep 29, 2024 30.86 Mn
Jun 30, 2024 71.70 Mn
Jun 30, 2024 71.70 Mn
Mar 31, 2024 1.87 Mn
Mar 31, 2024 1.87 Mn
Dec 31, 2023 -57.06 Mn
Dec 31, 2023 -57.06 Mn