Long-term debt · 2020–2025

First Watch Restaurant long-term debt

$269M+42.3% · FY2025

First Watch Restaurant (FWRG) reported $269M in long-term debt for fiscal 2025, +42.3% year on year.

$286M2020$99.8M2021$94.7M2022$120M2023$189M2024$269M2025
First Watch Restaurant — Long-term debt, 2020–2025
Fiscal yearLong-term debtChangeFiling
FY20252025-12-28$269M+42.3%Open →
FY20242024-12-29$189M+57.8%Open →
FY20232023-12-31$120M+26.5%Open →
FY20222022-12-25$94.7M−5.1%Open →
FY20212021-12-26$99.8M−65.2%Open →
FY20202020-12-27$286M—Open →

Long-term debt — Long-term debt is borrowing due more than a year out. A large figure is normal for capital-intensive businesses and says nothing on its own about financial health.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2020–2025 compound annual growth −1.2%

Long-term debt at companies of similar size

Full ranking by long-term debt →

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 long-term debt |url=https://companiesranked.com/en/company/first-watch-restaurant/long-term-debt |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

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

BibTeX

@misc{companiesranked-en-company-first-watch-restaurant-long-term-debt-2026,
  author       = {{CompaniesRanked}},
  title        = {{First Watch Restaurant long-term debt}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/first-watch-restaurant/long-term-debt}},
  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-Q · 0001789940-26-000090 · August 4, 2026

{{cite web |title=First Watch Restaurant long-term debt — 10-Q (0001789940-26-000090) |url=https://www.sec.gov/Archives/edgar/data/1789940/000178994026000090/fwrg-20260628.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-08-04}}

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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