I have been having the same issue, and I wanted to come on here to offer what (hopefully) worked for me. After looking around online and finding people who had similar issues in the past with other updates, I found a few posts to do with the calendar backup activity that were solved by unpairing your watch and pairing it again (I upgraded from a version 6 watch to a version 10 which is why I had to upgrade to ios 18). I know that sounds unrelated, but I have been willing to try almost anything since my battery was down to 30% by 9am the past 2 mornings with very limited usage. Almost all was calendar background activity. This morning, I unpaired my watch and paired it again. Right now it is 11:25 am and my battery is at 88%--I charge to 95%. If it doesn't hold out, I will respond to update. I hope this helps someone!