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) Total Debt (2020 - 2026)

First Watch Restaurant (FWRG) posted quarterly Total Debt of $282.1 million for Q1 2026, up 39.78% year-over-year from $201.8 million in Q1 2025, and little changed quarter-over-quarter from $282.4 million in Q4 2025.

Analysis

First Watch Restaurant (FWRG) Total Debt (2020 - 2026) Analysis & Trends

First Watch Restaurant's Total Debt history runs 7 years deep, the most recent figure standing at $282.1 million for Q1 2026.

  • In Q1 2026, Total Debt rose 39.78% year-over-year to $282.1 million; the TTM figure through Mar 2026 stood at $282.1 million (up 39.78% YoY), while the FY2025 annual figure was $282.4 million, up 42.42% from the prior year.
  • Total Debt for Q1 2026 stood at $282.1 million, roughly flat from $282.4 million in the prior quarter.
  • The five-year high for Total Debt was $282.4 million in Q4 2025, with the low at $97.8 million in Q3 2023.
  • The 5-year median for Total Debt is $125.7 million (2024), against an average of $167.1 million.
  • The sharpest annual moves came in 2022 and 2024: Total Debt plunged 65.14% in 2022, then jumped 101.84% in 2024.
  • First Watch Restaurant's Total Debt stood at $100.9 million in 2022, then grew by 24.25% to $125.4 million in 2023, then soared by 58.12% to $198.3 million in 2024, then surged by 42.42% to $282.4 million in 2025, then decreased by 0.1% to $282.1 million in 2026.
  • Business Quant data shows FWRG's Total Debt at $282.1 million in Q1 2026, $282.4 million in Q4 2025, and $264.1 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 39.86 Bn
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 14.78 Bn
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn -
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 15.09 Bn
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 13.34 Bn
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 2.33 Bn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 13.34 Bn
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 132.00 Mn
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 50.00 Mn
10 First Watch Restaurant 743.74 Mn 723.25 Mn 272.08 Mn 292.88 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 292.88 Mn
Mar 29, 2026 282.62 Mn
Dec 28, 2025 283.28 Mn
Sep 28, 2025 264.71 Mn
Jun 29, 2025 262.15 Mn
Mar 30, 2025 202.07 Mn
Dec 29, 2024 198.38 Mn
Sep 29, 2024 197.87 Mn
Jun 30, 2024 198.72 Mn
Mar 31, 2024 125.74 Mn
Dec 31, 2023 125.40 Mn
Sep 24, 2023 97.84 Mn
Jun 25, 2023 99.40 Mn
Mar 26, 2023 99.90 Mn
Dec 25, 2022 102.30 Mn
Sep 25, 2022 101.54 Mn
Jun 26, 2022 102.10 Mn
Mar 27, 2022 103.54 Mn
Dec 26, 2021 105.34 Mn
Sep 26, 2021 291.29 Mn