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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |