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
Download Data| Date | Value |
|---|---|
| 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 |