First Watch Restaurant (FWRG) Shares Outstanding (Diluted Average) (2020 - 2026)
First Watch Restaurant (FWRG) recorded quarterly Shares Outstanding (Diluted Average) of $61.2 million in Q1 2026, down 2.54% quarter-over-quarter from $62.8 million in Q4 2025, and up 0.78% on a YoY basis from $60.8 million in Q1 2025.
First Watch Restaurant (FWRG) Shares Outstanding (Diluted Average) (2020 - 2026) Analysis & Trends
First Watch Restaurant's Shares Outstanding (Diluted Average) history runs 7 years deep, the most recent figure standing at $61.2 million for Q1 2026.
- In Q1 2026, Shares Outstanding (Diluted Average) rose 0.78% year-over-year to $61.2 million; the TTM figure through Mar 2026 stood at $61.2 million (up 0.78% YoY), while the FY2025 annual figure was $62.8 million, up 0.79% from the prior year.
- Shares Outstanding (Diluted Average) was $61.2 million for Q1 2026 at First Watch Restaurant, down from $62.8 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $62.8 million in Q4 2025 to a low of $59.9 million in Q2 2022.
- Historically, Shares Outstanding (Diluted Average) has averaged $61.4 million across 5 years, with a median of $61.2 million in 2026.
- The sharpest annual moves came in 2022 and 2025: Shares Outstanding (Diluted Average) soared 33.26% in 2022, then retreated 2.74% in 2025.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $60.1 million in 2022, then increased by 1.75% to $61.2 million in 2023, then rose by 1.9% to $62.4 million in 2024, then gained by 0.79% to $62.8 million in 2025, then retreated by 2.54% to $61.2 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $61.2 million (Q1 2026), $62.8 million (Q4 2025), and $62.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 1.14 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 1.30 Bn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 459.00 Mn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 115.80 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | - |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 118.28 Mn |
| 10 | First Watch Restaurant | 722.06 Mn | 698.50 Mn | 256.65 Mn | 61.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 61.24 Mn |
| Dec 28, 2025 | 62.84 Mn |
| Sep 28, 2025 | 62.83 Mn |
| Jun 29, 2025 | 62.73 Mn |
| Mar 30, 2025 | 60.77 Mn |
| Dec 29, 2024 | 62.35 Mn |
| Sep 29, 2024 | 61.85 Mn |
| Jun 30, 2024 | 62.46 Mn |
| Mar 31, 2024 | 62.48 Mn |
| Dec 31, 2023 | 61.19 Mn |
| Sep 24, 2023 | 61.56 Mn |
| Jun 25, 2023 | 60.94 Mn |
| Mar 26, 2023 | 60.60 Mn |
| Dec 25, 2022 | 60.14 Mn |
| Sep 25, 2022 | 60.46 Mn |
| Jun 26, 2022 | 59.89 Mn |
| Mar 27, 2022 | 59.98 Mn |
| Dec 26, 2021 | 48.21 Mn |
| Sep 26, 2021 | 46.09 Mn |
| Jun 27, 2021 | 45.56 Mn |