Growth Metrics

First Watch Restaurant (FWRG) Tax Provisions (2020 - 2026)

First Watch Restaurant's quarterly Tax Provisions came in at -$749000.0 in Q1 2026, down 5.79% year-on-year from -$795040.5 in Q1 2025, and up 93.03% quarter-over-quarter from -$10.7 million in Q4 2025.

First Watch Restaurant has reported Tax Provisions for 7 years, with the latest figure at -$749000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 5.79% year-over-year to -$749000.0; the trailing twelve-month figure through Mar 2026 stood at -$7.3 million (down 231.21% YoY), and the FY2025 full-year result was -$7.3 million, down 180.2% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$749000.0, up from -$10.7 million in the prior quarter.
  • The five-year high for Tax Provisions was $4.9 million in Q2 2024, with the low at -$10.7 million in Q4 2025.
  • Average Tax Provisions over 5 years is $1.0 million, with a median of $1.4 million recorded in 2024.
  • Year-over-year, Tax Provisions surged 1401.14% in 2022 and plunged 27648.72% in 2025.
  • Tracing FWRG's Tax Provisions over 5 years: stood at $742000.0 in 2022, then jumped by 285.04% to $2.9 million in 2023, then plunged by 98.63% to $39000.0 in 2024, then sank by 27648.72% to -$10.7 million in 2025, then surged by 93.03% to -$749000.0 in 2026.
  • The last three Tax Provisions figures came in at -$749000.0 (Q1 2026), -$10.7 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 217.30 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 84.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 102.98 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 38.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 46.20 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 123.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 21.04 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 40.83 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 1.16 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn -749,000.00

Historic Data

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DateValue
Mar 29, 2026 -749,000.00
Dec 28, 2025 -10.74 Mn
Sep 28, 2025 2.68 Mn
Jun 29, 2025 1.47 Mn
Mar 30, 2025 -708,000.00
Dec 29, 2024 39,000.00
Sep 29, 2024 1.38 Mn
Jun 30, 2024 4.88 Mn
Mar 31, 2024 2.80 Mn
Dec 31, 2023 2.86 Mn
Sep 24, 2023 1.24 Mn
Jun 25, 2023 2.03 Mn
Mar 26, 2023 4.56 Mn
Dec 25, 2022 742,000.00
Sep 25, 2022 1.33 Mn
Jun 26, 2022 1.34 Mn
Mar 27, 2022 2.28 Mn
Dec 26, 2021 -167,000.00
Sep 26, 2021 534,000.00
Jun 27, 2021 2.29 Mn
Mar 28, 2021 -175,000.00
Dec 27, 2020 -3.85 Mn
Sep 27, 2020 -3.26 Mn