First Watch Restaurant (FWRG) Tax Provisions (2020 - 2026)
First Watch Restaurant (FWRG) posted quarterly Tax Provisions of -$749000.0 for Q1 2026, down 5.79% year-over-year from -$795040.5 in Q1 2025, and up 79.54% quarter-over-quarter from -$3.7 million in Q4 2025.
First Watch Restaurant (FWRG) Tax Provisions (2020 - 2026) Analysis & Trends
First Watch Restaurant's Tax Provisions history runs 7 years deep, the most recent figure standing at -$749000.0 for Q1 2026.
- In Q1 2026, Tax Provisions fell 5.79% year-over-year to -$749000.0; the TTM figure through Mar 2026 stood at -$256000.0 (down 104.58% YoY), while the FY2025 annual figure was -$215000.0, down 102.36% from the prior year.
- Tax Provisions for Q1 2026 stood at -$749000.0, up from -$3.7 million in the prior quarter.
- The five-year high for Tax Provisions was $4.9 million in Q2 2024, with the low at -$4.9 million in Q4 2022.
- The 5-year median for Tax Provisions is $1.4 million (2024), against an average of $1.1 million.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 1401.14% in 2022, then sank 9484.62% in 2025.
- First Watch Restaurant's Tax Provisions stood at -$4.9 million in 2022, then surged by 157.81% to $2.9 million in 2023, then plunged by 98.63% to $39000.0 in 2024, then tumbled by 9484.62% to -$3.7 million in 2025, then surged by 79.54% to -$749000.0 in 2026.
- Business Quant data shows FWRG's Tax Provisions at -$749000.0 in Q1 2026, -$3.7 million in Q4 2025, and $2.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 574.00 Mn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 374.40 Mn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 129.73 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | -320.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | -73.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 57.80 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | -73.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 92.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 19.48 Mn |
| 10 | First Watch Restaurant | 784.98 Mn | 764.50 Mn | 272.08 Mn | 1.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 1.03 Mn |
| Mar 29, 2026 | -749,000.00 |
| Dec 28, 2025 | -3.66 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 | -4.94 Mn |
| 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 |