First Watch Restaurant Group, Inc. (FWRG) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

First Watch Restaurant Group, Inc. (FWRG) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

51.57M

49.08M

43.72M

42.95M

44.25M

55.88M

73.01M

67.4M

63.44M

71.19M

58.56M

85.04M

70.16M

67.29M

65.22M

70.03M

61.25M

67.7M

66.72M

60.36M

Cash & Short-Term Investments

23.57M

21.25M

20.71M

19.18M

18.61M

33.31M

51.13M

45.1M

43.24M

49.63M

39.92M

66.77M

54.42M

49.67M

49.37M

53.57M

46.52M

51.86M

51.85M

48.03M

Cash Only

23.57M

21.25M

20.71M

19.18M

18.61M

33.31M

51.13M

45.1M

43.24M

49.63M

39.92M

66.77M

54.42M

49.67M

49.37M

53.57M

46.52M

51.86M

51.85M

48.03M

Short-Term Investments

Accounts Receivable

6.03M

6.86M

5.51M

5.48M

5.96M

7.24M

4.93M

4.03M

4.13M

5.53M

4.99M

4.47M

3.83M

6.16M

3.43M

3.87M

3.03M

4.45M

2.9M

2.95M

Days Sales Outstanding

1.77

1.78

1.58

1.69

2.08

2.15

1.62

1.44

1.81

2.11

1.96

1.74

2.01

2.51

1.78

1.7

1.86

2.17

1.64

1.74

Inventory

7.14M

7.17M

6.49M

6.77M

6.2M

6.12M

5.33M

5.67M

5.2M

5.38M

4.79M

4.89M

4.41M

5.03M

4.12M

3.97M

3.73M

4.02M

3.47M

3.25M

Days Inventory Outstanding

8.76

2.44

2.43

2.38

8.22

2.51

2.48

2.54

2.57

2.51

2.45

2.9

2.42

2.36

2.43

2.82

2.37

2.51

Other Current Assets

14.83M

13.8M

4.3M

3.12M

2.8M

2.2M

4.18M

4.11M

1.95M

3.15M

4.16M

3.03M

836K

624K

3.98M

3.09M

1.66M

1.68M

5.19M

2.27M

Total Non-Current Assets

1.72B

1.69B

1.68B

1.63B

1.5B

1.46B

1.41B

1.37B

1.22B

1.2B

1.15B

1.08B

1.04B

1.03B

1.01B

988.09M

979.22M

972.11M

973.33M

Property, Plant & Equipment

1.12B

1.09B

1.07B

1.03B

931.89M

889.07M

840.68M

796.19M

699.56M

683.08M

638.29M

581.77M

555.39M

547.49M

535.85M

520.82M

498.69M

489.69M

482.33M

483.31M

Fixed Asset Turnover

0.30x

0.29x

0.30x

0.31x

0.30x

0.31x

0.35x

0.37x

0.36x

0.38x

0.34x

0.35x

0.36x

0.35x

0.33x

0.32x

Goodwill

420.21M

398.56M

360.98M

359.88M

356.97M

350.49M

345.22M

Intangible Assets

172.58M

174.91M

177.24M

179.13M

165.97M

167.6M

169.33M

171.03M

151.06M

151.19M

150.28M

144.08M

143.03M

143.15M

142.99M

142.89M

142.86M

143M

143.24M

143.5M

Long-Term Investments

Other Non-Current Assets

4.83M

4.66M

4.06M

3.46M

3.25M

3.37M

3.47M

4.22M

1.7M

1.74M

1.23M

1.26M

1.3M

1.2M

1.28M

1.32M

1.31M

1.32M

1.31M

Total Assets

1.77B

1.74B

1.72B

1.68B

1.54B

1.51B

1.48B

1.44B

1.28B

1.27B

1.21B

1.16B

1.12B

1.1B

1.09B

1.08B

1.05B

1.04B

1.03B

Asset Turnover

0.19x

0.18x

0.19x

0.18x

0.17x

0.19x

0.20x

0.19x

0.17x

0.16x

0.15x

Asset Growth %

14.89%

15.03%

15.84%

16.66%

20.71%

19.52%

23.15%

23.57%

14.73%

14.72%

10.58%

7.63%

6.26%

5.5%

4.97%

4.5%

3.91%

Total Current Liabilities

177.49M

167.5M

176.77M

158.33M

141.85M

138.47M

134.01M

118.83M

106.48M

115.07M

110.05M

109.16M

91.66M

99.98M

92.54M

92.88M

83.25M

96.52M

85.02M

83.07M

Accounts Payable

9.77M

8.7M

7.23M

7.51M

7.69M

6.96M

6.87M

7.18M

5.68M

6.32M

5.55M

5.51M

5.22M

7.59M

7.5M

6.99M

7.96M

11.06M

6.98M

6.37M

Days Payables Outstanding

11.31

2.85

2.7

2.79

9.78

3.03

3.17

2.93

2.88

2.87

2.9

3.32

4.79

4.33

4.58

5.96

6.78

4.7

4.93

Short-Term Debt

89.36M

88.34M

11.85M

11.81M

10.29M

9.23M

7.83M

6.64M

3.03M

5.63M

6.89M

7.22M

6.49M

7.63M

5.63M

4.92M

5.09M

5.54M

3.63M

3.62M

Deferred Revenue (Current)

4.31M

6.78M

3.51M

3.41M

5.62M

2.37M

3.25M

3.34M

5.5M

2.65M

3.47M

3.23M

5.19M

2.39M

3.07M

4.65M

2.25M

2.88M

Other Current Liabilities

74.05M

63.68M

20.26M

20.16M

25.98M

23.87M

28.61M

19.29M

22.38M

23.3M

19.7M

23.28M

13.79M

19.43M

16.53M

20.52M

13.58M

22.55M

16.64M

17.49M

Current Ratio

0.29x

0.25x

0.27x

0.31x

0.40x

0.54x

0.57x

0.60x

0.62x

0.53x

0.78x

0.77x

0.67x

0.70x

0.75x

0.74x

0.70x

0.78x

0.73x

Quick Ratio

0.25x

0.21x

0.23x

0.27x

0.36x

0.51x

0.52x

0.55x

0.57x

0.49x

0.73x

0.72x

0.62x

0.66x

0.71x

0.69x

0.66x

0.74x

0.69x

Cash Conversion Cycle

-0.77

1.37

1.31

1.28

0.52

1.62

0.93

0.98

1.47

1.68

1.6

1.35

1.13

0.62

-0.14

-0.52

-1.68

-1.79

-0.7

-0.67

Total Non-Current Liabilities

968.91M

948.25M

936.15M

916.35M

806M

780.5M

761.81M

732.04M

598.34M

590.69M

538.71M

507.62M

488.83M

481.33M

477.66M

470.24M

454.73M

445.96M

629.65M

627.68M

Long-Term Debt

672.56M

651.25M

236.89M

250.01M

191.52M

189.04M

189.65M

192.07M

122.7M

119.77M

90.95M

92.17M

93.41M

94.67M

95.91M

97.18M

98.45M

99.75M

287.66M

287.64M

Capital Lease Obligations

659.56M

629.35M

578.9M

555.58M

533.85M

504.13M

444.38M

441.29M

420.5M

387.87M

370.73M

366.11M

361.17M

353.78M

338.46M

330.5M

322.52M

321.51M

Deferred Tax Liabilities

20.78M

21.97M

33.79M

31.5M

30.8M

32.22M

27.9M

25.33M

24M

23.04M

21.39M

17.17M

16.84M

15.65M

14.54M

12.49M

16.17M

15.68M

Other Non-Current Liabilities

275.56M

275.02M

5.92M

5.5M

4.78M

3.66M

6.09M

3.62M

3.35M

4.3M

3.26M

4.54M

3.3M

3.38M

3.74M

3.63M

3.28M

3.23M

3.31M

2.85M

Total Liabilities

1.15B

1.12B

1.11B

1.07B

947.85M

918.97M

895.83M

850.87M

704.82M

705.76M

648.75M

616.78M

580.5M

581.31M

570.21M

563.13M

537.97M

542.49M

714.68M

710.75M

Total Debt

761.92M

739.6M

982.95M

958.77M

837.22M

809.55M

778.9M

748.6M

611.44M

606.97M

561.19M

527M

511.1M

507.35M

500.75M

493.47M

479.69M

473.97M

653.43M

650.99M

Net Debt

738.36M

718.35M

962.23M

939.6M

818.62M

776.24M

727.77M

703.5M

568.19M

557.33M

521.27M

460.24M

456.68M

457.68M

451.38M

439.9M

433.17M

422.11M

601.58M

602.96M

Debt / Equity

1.21x

1.18x

1.62x

1.59x

1.40x

1.36x

1.32x

1.28x

1.06x

1.08x

1.01x

0.97x

0.96x

0.97x

0.96x

0.95x

0.94x

2.02x

Debt / EBITDA

31.62x

24.54x

33.08x

37.67x

47.38x

41.27x

36.29x

24.16x

24.90x

31.80x

30.88x

25.36x

20.91x

48.75x

44.31x

36.68x

30.01x

64.51x

42.55x

32.09x

Net Debt / EBITDA

30.64x

23.83x

32.39x

36.92x

46.33x

39.57x

33.90x

22.71x

23.14x

29.20x

28.69x

22.14x

18.68x

43.98x

39.94x

32.70x

27.10x

57.45x

39.18x

29.72x

Interest Coverage

0.57x

1.92x

2.24x

1.89x

-1.46x

1.23x

2.02x

5.08x

4.85x

3.42x

4.60x

5.90x

8.30x

1.15x

2.01x

4.59x

7.88x

-2.34x

1.22x

1.97x

Total Equity

627.66M

626.28M

607.31M

601.31M

596.29M

595.39M

589.13M

585.78M

574.44M

561.28M

557.09M

545.84M

534.56M

523.13M

520.27M

517.12M

511.36M

504.43M

324.16M

322.94M

Equity Growth %

5.26%

5.19%

3.09%

2.65%

3.8%

6.08%

5.75%

7.32%

7.46%

7.29%

7.08%

5.55%

4.54%

3.71%

60.5%

60.13%

59.37%

57.21%

Book Value per Share

10.25

9.97

9.67

9.61

9.81

9.55

9.52

9.38

9.19

9.08

9.05

8.96

8.82

8.84

8.60

8.63

8.53

8.72

5.62

5.60

Total Shareholders' Equity

627.66M

626.28M

607.31M

601.31M

596.29M

595.39M

589.13M

585.78M

574.44M

561.28M

557.09M

545.84M

534.56M

523.13M

520.27M

517.12M

511.36M

504.43M

324.16M

322.94M

Common Stock

616K

611K

610K

607K

606K

604K

599K

597K

594K

593K

592K

591K

590K

450K

Retained Earnings

-37.08M

-34.39M

-49.55M

-52.55M

-54.65M

-53.82M

-54.52M

-56.63M

-65.53M

-72.75M

-75.39M

-80.81M

-88.77M

-98.13M

-97.65M

-97.69M

-100.4M

-105.04M

-100.39M

-101.17M

Treasury Stock

Accumulated OCI

-541K

-1.09M

-1.13M

-1.2M

-1.1M

-441K

-2.48M

188K

262K

-667K

825K

-160K

Minority Interest

First Watch Restaurant Group, Inc. (FWRG) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

First Watch Restaurant Group, Inc. (FWRG) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

51.57M

49.08M

43.72M

42.95M

44.25M

55.88M

73.01M

67.4M

63.44M

71.19M

58.56M

85.04M

70.16M

67.29M

65.22M

70.03M

61.25M

67.7M

66.72M

60.36M

Cash & Short-Term Investments

23.57M

21.25M

20.71M

19.18M

18.61M

33.31M

51.13M

45.1M

43.24M

49.63M

39.92M

66.77M

54.42M

49.67M

49.37M

53.57M

46.52M

51.86M

51.85M

48.03M

Cash Only

23.57M

21.25M

20.71M

19.18M

18.61M

33.31M

51.13M

45.1M

43.24M

49.63M

39.92M

66.77M

54.42M

49.67M

49.37M

53.57M

46.52M

51.86M

51.85M

48.03M

Short-Term Investments

Accounts Receivable

6.03M

6.86M

5.51M

5.48M

5.96M

7.24M

4.93M

4.03M

4.13M

5.53M

4.99M

4.47M

3.83M

6.16M

3.43M

3.87M

3.03M

4.45M

2.9M

2.95M

Days Sales Outstanding

1.77

1.78

1.58

1.69

2.08

2.15

1.62

1.44

1.81

2.11

1.96

1.74

2.01

2.51

1.78

1.7

1.86

2.17

1.64

1.74

Inventory

7.14M

7.17M

6.49M

6.77M

6.2M

6.12M

5.33M

5.67M

5.2M

5.38M

4.79M

4.89M

4.41M

5.03M

4.12M

3.97M

3.73M

4.02M

3.47M

3.25M

Days Inventory Outstanding

8.76

2.44

2.43

2.38

8.22

2.51

2.48

2.54

2.57

2.51

2.45

2.9

2.42

2.36

2.43

2.82

2.37

2.51

Other Current Assets

14.83M

13.8M

4.3M

3.12M

2.8M

2.2M

4.18M

4.11M

1.95M

3.15M

4.16M

3.03M

836K

624K

3.98M

3.09M

1.66M

1.68M

5.19M

2.27M

Total Non-Current Assets

1.72B

1.69B

1.68B

1.63B

1.5B

1.46B

1.41B

1.37B

1.22B

1.2B

1.15B

1.08B

1.04B

1.03B

1.01B

988.09M

979.22M

972.11M

973.33M

Property, Plant & Equipment

1.12B

1.09B

1.07B

1.03B

931.89M

889.07M

840.68M

796.19M

699.56M

683.08M

638.29M

581.77M

555.39M

547.49M

535.85M

520.82M

498.69M

489.69M

482.33M

483.31M

Fixed Asset Turnover

0.30x

0.29x

0.30x

0.31x

0.30x

0.31x

0.35x

0.37x

0.36x

0.38x

0.34x

0.35x

0.36x

0.35x

0.33x

0.32x

Goodwill

420.21M

398.56M

360.98M

359.88M

356.97M

350.49M

345.22M

Intangible Assets

172.58M

174.91M

177.24M

179.13M

165.97M

167.6M

169.33M

171.03M

151.06M

151.19M

150.28M

144.08M

143.03M

143.15M

142.99M

142.89M

142.86M

143M

143.24M

143.5M

Long-Term Investments

Other Non-Current Assets

4.83M

4.66M

4.06M

3.46M

3.25M

3.37M

3.47M

4.22M

1.7M

1.74M

1.23M

1.26M

1.3M

1.2M

1.28M

1.32M

1.31M

1.32M

1.31M

Total Assets

1.77B

1.74B

1.72B

1.68B

1.54B

1.51B

1.48B

1.44B

1.28B

1.27B

1.21B

1.16B

1.12B

1.1B

1.09B

1.08B

1.05B

1.04B

1.03B

Asset Turnover

0.19x

0.18x

0.19x

0.18x

0.17x

0.19x

0.20x

0.19x

0.17x

0.16x

0.15x

Asset Growth %

14.89%

15.03%

15.84%

16.66%

20.71%

19.52%

23.15%

23.57%

14.73%

14.72%

10.58%

7.63%

6.26%

5.5%

4.97%

4.5%

3.91%

Total Current Liabilities

177.49M

167.5M

176.77M

158.33M

141.85M

138.47M

134.01M

118.83M

106.48M

115.07M

110.05M

109.16M

91.66M

99.98M

92.54M

92.88M

83.25M

96.52M

85.02M

83.07M

Accounts Payable

9.77M

8.7M

7.23M

7.51M

7.69M

6.96M

6.87M

7.18M

5.68M

6.32M

5.55M

5.51M

5.22M

7.59M

7.5M

6.99M

7.96M

11.06M

6.98M

6.37M

Days Payables Outstanding

11.31

2.85

2.7

2.79

9.78

3.03

3.17

2.93

2.88

2.87

2.9

3.32

4.79

4.33

4.58

5.96

6.78

4.7

4.93

Short-Term Debt

89.36M

88.34M

11.85M

11.81M

10.29M

9.23M

7.83M

6.64M

3.03M

5.63M

6.89M

7.22M

6.49M

7.63M

5.63M

4.92M

5.09M

5.54M

3.63M

3.62M

Deferred Revenue (Current)

4.31M

6.78M

3.51M

3.41M

5.62M

2.37M

3.25M

3.34M

5.5M

2.65M

3.47M

3.23M

5.19M

2.39M

3.07M

4.65M

2.25M

2.88M

Other Current Liabilities

74.05M

63.68M

20.26M

20.16M

25.98M

23.87M

28.61M

19.29M

22.38M

23.3M

19.7M

23.28M

13.79M

19.43M

16.53M

20.52M

13.58M

22.55M

16.64M

17.49M

Current Ratio

0.29x

0.25x

0.27x

0.31x

0.40x

0.54x

0.57x

0.60x

0.62x

0.53x

0.78x

0.77x

0.67x

0.70x

0.75x

0.74x

0.70x

0.78x

0.73x

Quick Ratio

0.25x

0.21x

0.23x

0.27x

0.36x

0.51x

0.52x

0.55x

0.57x

0.49x

0.73x

0.72x

0.62x

0.66x

0.71x

0.69x

0.66x

0.74x

0.69x

Cash Conversion Cycle

-0.77

1.37

1.31

1.28

0.52

1.62

0.93

0.98

1.47

1.68

1.6

1.35

1.13

0.62

-0.14

-0.52

-1.68

-1.79

-0.7

-0.67

Total Non-Current Liabilities

968.91M

948.25M

936.15M

916.35M

806M

780.5M

761.81M

732.04M

598.34M

590.69M

538.71M

507.62M

488.83M

481.33M

477.66M

470.24M

454.73M

445.96M

629.65M

627.68M

Long-Term Debt

672.56M

651.25M

236.89M

250.01M

191.52M

189.04M

189.65M

192.07M

122.7M

119.77M

90.95M

92.17M

93.41M

94.67M

95.91M

97.18M

98.45M

99.75M

287.66M

287.64M

Capital Lease Obligations

659.56M

629.35M

578.9M

555.58M

533.85M

504.13M

444.38M

441.29M

420.5M

387.87M

370.73M

366.11M

361.17M

353.78M

338.46M

330.5M

322.52M

321.51M

Deferred Tax Liabilities

20.78M

21.97M

33.79M

31.5M

30.8M

32.22M

27.9M

25.33M

24M

23.04M

21.39M

17.17M

16.84M

15.65M

14.54M

12.49M

16.17M

15.68M

Other Non-Current Liabilities

275.56M

275.02M

5.92M

5.5M

4.78M

3.66M

6.09M

3.62M

3.35M

4.3M

3.26M

4.54M

3.3M

3.38M

3.74M

3.63M

3.28M

3.23M

3.31M

2.85M

Total Liabilities

1.15B

1.12B

1.11B

1.07B

947.85M

918.97M

895.83M

850.87M

704.82M

705.76M

648.75M

616.78M

580.5M

581.31M

570.21M

563.13M

537.97M

542.49M

714.68M

710.75M

Total Debt

761.92M

739.6M

982.95M

958.77M

837.22M

809.55M

778.9M

748.6M

611.44M

606.97M

561.19M

527M

511.1M

507.35M

500.75M

493.47M

479.69M

473.97M

653.43M

650.99M

Net Debt

738.36M

718.35M

962.23M

939.6M

818.62M

776.24M

727.77M

703.5M

568.19M

557.33M

521.27M

460.24M

456.68M

457.68M

451.38M

439.9M

433.17M

422.11M

601.58M

602.96M

Debt / Equity

1.21x

1.18x

1.62x

1.59x

1.40x

1.36x

1.32x

1.28x

1.06x

1.08x

1.01x

0.97x

0.96x

0.97x

0.96x

0.95x

0.94x

2.02x

Debt / EBITDA

31.62x

24.54x

33.08x

37.67x

47.38x

41.27x

36.29x

24.16x

24.90x

31.80x

30.88x

25.36x

20.91x

48.75x

44.31x

36.68x

30.01x

64.51x

42.55x

32.09x

Net Debt / EBITDA

30.64x

23.83x

32.39x

36.92x

46.33x

39.57x

33.90x

22.71x

23.14x

29.20x

28.69x

22.14x

18.68x

43.98x

39.94x

32.70x

27.10x

57.45x

39.18x

29.72x

Interest Coverage

0.57x

1.92x

2.24x

1.89x

-1.46x

1.23x

2.02x

5.08x

4.85x

3.42x

4.60x

5.90x

8.30x

1.15x

2.01x

4.59x

7.88x

-2.34x

1.22x

1.97x

Total Equity

627.66M

626.28M

607.31M

601.31M

596.29M

595.39M

589.13M

585.78M

574.44M

561.28M

557.09M

545.84M

534.56M

523.13M

520.27M

517.12M

511.36M

504.43M

324.16M

322.94M

Equity Growth %

5.26%

5.19%

3.09%

2.65%

3.8%

6.08%

5.75%

7.32%

7.46%

7.29%

7.08%

5.55%

4.54%

3.71%

60.5%

60.13%

59.37%

57.21%

Book Value per Share

10.25

9.97

9.67

9.61

9.81

9.55

9.52

9.38

9.19

9.08

9.05

8.96

8.82

8.84

8.60

8.63

8.53

8.72

5.62

5.60

Total Shareholders' Equity

627.66M

626.28M

607.31M

601.31M

596.29M

595.39M

589.13M

585.78M

574.44M

561.28M

557.09M

545.84M

534.56M

523.13M

520.27M

517.12M

511.36M

504.43M

324.16M

322.94M

Common Stock

616K

611K

610K

607K

606K

604K

599K

597K

594K

593K

592K

591K

590K

450K

Retained Earnings

-37.08M

-34.39M

-49.55M

-52.55M

-54.65M

-53.82M

-54.52M

-56.63M

-65.53M

-72.75M

-75.39M

-80.81M

-88.77M

-98.13M

-97.65M

-97.69M

-100.4M

-105.04M

-100.39M

-101.17M

Treasury Stock

Accumulated OCI

-541K

-1.09M

-1.13M

-1.2M

-1.1M

-441K

-2.48M

188K

262K

-667K

825K

-160K

Minority Interest

FWRG Balance Sheet

FWRG Balance Sheet