Capital expenditure · 2019–2025

First Watch Restaurant capital expenditure

$157M+22.7% · FY2025

First Watch Restaurant (FWRG) reported $157M in capital expenditure for fiscal 2025, +22.7% year on year.

$59.2M2019$26.7M2020$35.3M2021$62.2M2022$83.3M2023$128M2024$157M2025
First Watch Restaurant — Capital expenditure, 2019–2025
Fiscal yearCapital expenditureChangeFiling
FY20252025-12-28$157M+22.7%Open →
FY20242024-12-29$128M+53.5%Open →
FY20232023-12-31$83.3M+33.9%Open →
FY20222022-12-25$62.2M+76.2%Open →
FY20212021-12-26$35.3M+32.0%Open →
FY20202020-12-27$26.7M−54.8%Open →
FY20192019-12-29$59.2M—Open →

Capital expenditure — Capital expenditure is the cash the company spent during the year on property, plant and equipment — factories, stores, servers, vehicles. It appears in the investing section of the cash-flow statement as an outflow and is shown here as a positive amount. Operating cash flow minus this figure is free cash flow.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +17.6%

Capital expenditure at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=First Watch Restaurant capital expenditure |url=https://companiesranked.com/en/company/first-watch-restaurant/capital-expenditure |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). First Watch Restaurant capital expenditure. CompaniesRanked. https://companiesranked.com/en/company/first-watch-restaurant/capital-expenditure

BibTeX

@misc{companiesranked-en-company-first-watch-restaurant-capital-expenditure-2026,
  author       = {{CompaniesRanked}},
  title        = {{First Watch Restaurant capital expenditure}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/first-watch-restaurant/capital-expenditure}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001789940-26-000014 · February 24, 2026

{{cite web |title=First Watch Restaurant capital expenditure — 10-K (0001789940-26-000014) |url=https://www.sec.gov/Archives/edgar/data/1789940/000178994026000014/fwrg-20251228.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-24}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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