First Watch Restaurant (FWRG) Total Debt (2020 - 2026)

First Watch Restaurant has reported Total Debt for 7 years, with the latest figure at $269.3 million in Q1 2026.

• For the quarter ending Q1 2026, Total Debt rose 40.4% year-over-year to $269.3 million; the trailing twelve-month figure through Mar 2026 stood at $269.3 million (up 40.4% YoY), and the FY2025 full-year result was $270.0 million, up 42.73% from the prior year.
• Total Debt for Q1 2026 stood at $269.3 million, roughly flat from $270.0 million in the prior quarter.
• The five-year high for Total Debt was $270.0 million in Q4 2025, with the low at $90.9 million in Q3 2023.
• Average Total Debt over 5 years is $159.4 million, with a median of $122.7 million recorded in 2024.
• Year-over-year, Total Debt slumped 67.07% in 2022 and surged 108.95% in 2024.
• Tracing FWRG's Total Debt over 5 years: stood at $94.7 million in 2022, then increased by 26.51% to $119.8 million in 2023, then jumped by 57.93% to $189.1 million in 2024, then jumped by 42.73% to $270.0 million in 2025, then slipped by 0.26% to $269.3 million in 2026.
• The last three Total Debt figures came in at $269.3 million (Q1 2026), $270.0 million (Q4 2025), and $251.6 million (Q3 2025), per Business Quant data.

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