Companies: 10,795·Total market cap: $144.5T
First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc.

FWRGNASDAQConsumer Cyclical● Active
$10.34
+$0.16(+1.57%)
Market Cap$637408111
P/E Ratio—
52W High$19.53
52W Low$10.09
Cash on HandFinancialsRevenue

First Watch Restaurant Group, Inc. (FWRG) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

FWRG · cash on hand · updated Dec 28, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$21.2M▼ -36.2% vs prior year
FY · as of Dec 28, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$21.2M
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-36.2%
vs prior fiscal year
Latest Quarter
$23.6M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 28, 2025

Net cash vs debt

Cash & ST Investments$21.2MCash on Hand
Total Debt$739.6MTotal Debt
Net Cash / Net Debt−$718.4MNet Debt Position
Cash vs Debt Ratio
Cash 3%Debt 97%

First Watch Restaurant Group, Inc. carries a net debt position of $718.4M. Total debt ($739.6M) exceeds cash on hand ($21.2M). First Watch Restaurant Group, Inc. cash vs debt ratio: 3% cash / 97% debt.

Net Cash = Cash & ST Investments − Total Debt$21.2M − $739.6M = −$718.4M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
FWRG annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 28, 2025Latest$21.2M-36.2%
Dec 29, 2024$33.3M-32.9%
Dec 31, 2023$49.6M-0.1%
Dec 31, 2022$49.7M-4.2%
Dec 31, 2021$51.9M+33.5%
FWRG cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Consumer Cyclical Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
Alibaba Group Holding Limited
Alibaba Group Holding Limited
BABA
$357.59B127.6%#2
Amazon.com, Inc.
Amazon.com, Inc.
AMZN
$123.03B4.7%#3
Tesla, Inc.
Tesla, Inc.
TSLA
$44.06B2.9%#4
The Home Depot, Inc.
The Home Depot, Inc.
HD
$1.39B0.5%
#5
First Watch Restaurant Group, Inc.
First Watch Restaurant Group, Inc.YOU
FWRG
$21.2M3.3%
Consumer Cyclical sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

First Watch Restaurant Group, Inc. (FWRG) cash on hand as of December 28, 2025 is $21.2M, comprising $21.2M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as First Watch Restaurant Group, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as First Watch Restaurant Group, Inc. cash reserves or cash position.

First Watch Restaurant Group, Inc. annual cash on hand history shows decreased -36.2% in 2025: decreased -36.2% in 2025. First Watch Restaurant Group, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

First Watch Restaurant Group, Inc. carries total debt of $739.6M against cash of $21.2M, resulting in a net debt position of -$718.4M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

FWRG cash on hand · 5 questions

As of December 28, 2025, First Watch Restaurant Group, Inc. (FWRG) has $21,246,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $21,246,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 29, 2026): $23,565,000. Data sourced from the annual 10-K filing via FMP.

FWRG cash on handFWRG cash reservesFWRG cash 2025how much cash does FWRG have

▸ Source: FMP /balance-sheet-statement · US GAAP · First Watch Restaurant Group, Inc. · First Watch Restaurant Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 28, 2025