First Watch Restaurant (FWRG) Total Non-Current Liabilities (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Total Non-Current Liabilities came in at $1.1 billion in Q1 2026, up 21.38% year-on-year from $944.3 million in Q1 2025, and up 3.23% quarter-over-quarter from $1.1 billion in Q4 2025.
First Watch Restaurant (FWRG) Total Non-Current Liabilities (2020 - 2026) Analysis & Trends
First Watch Restaurant's Total Non-Current Liabilities history runs 7 years deep, the most recent figure standing at $1.1 billion for Q1 2026.
- On a quarterly basis, Total Non-Current Liabilities rose 21.38% year-over-year to $1.1 billion in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 21.38% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 21.24% from the prior year.
- Total Non-Current Liabilities grew to $1.1 billion in Q1 2026 per FWRG's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $1.1 billion in Q1 2026 and bottomed at $534.7 million in Q1 2022.
- The 5-year median for Total Non-Current Liabilities is $704.4 million (2023), against an average of $795.5 million.
- Across the five-year window, Total Non-Current Liabilities dropped 20.37% in 2022 and surged 38.3% in 2024, its largest moves.
- Year by year, Total Non-Current Liabilities stood at $577.9 million in 2022, then grew by 21.89% to $704.4 million in 2023, then jumped by 30.01% to $915.8 million in 2024, then climbed by 21.24% to $1.1 billion in 2025, then rose by 3.23% to $1.1 billion in 2026.
- Per Business Quant, the three latest FWRG Total Non-Current Liabilities figures stand at $1.1 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | - |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 6.32 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 13.33 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 18.66 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 8.71 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 4.57 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 1.84 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 5.16 Bn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 1.36 Bn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | 1.15 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 1.15 Bn |
| Dec 28, 2025 | 1.11 Bn |
| Sep 28, 2025 | 1.11 Bn |
| Jun 29, 2025 | 1.07 Bn |
| Mar 30, 2025 | 944.28 Mn |
| Dec 29, 2024 | 915.81 Mn |
| Sep 29, 2024 | 892.66 Mn |
| Jun 30, 2024 | 847.97 Mn |
| Mar 31, 2024 | 701.80 Mn |
| Dec 31, 2023 | 704.42 Mn |
| Sep 24, 2023 | 645.50 Mn |
| Jun 25, 2023 | 613.13 Mn |
| Mar 26, 2023 | 577.19 Mn |
| Dec 25, 2022 | 577.93 Mn |
| Sep 25, 2022 | 566.47 Mn |
| Jun 26, 2022 | 559.49 Mn |
| Mar 27, 2022 | 534.70 Mn |
| Dec 26, 2021 | 539.26 Mn |
| Sep 26, 2021 | 711.37 Mn |
| Dec 27, 2020 | 684.38 Mn |