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

First Watch Restaurant (FWRG) recorded quarterly Tax Provisions of -$749000.0 in Q1 2026, up 93.03% quarter-over-quarter from -$10.7 million in Q4 2025, and down 5.79% on a YoY basis from -$795040.5 in Q1 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 -$7.3 million (down 231.21% YoY), while the FY2025 annual figure was -$7.3 million, down 180.2% from the prior year.
  • Tax Provisions was -$749000.0 for Q1 2026 at First Watch Restaurant, up from -$10.7 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $4.9 million in Q2 2024 to a low of -$10.7 million in Q4 2025.
  • Historically, Tax Provisions has averaged $1.0 million across 5 years, with a median of $1.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 1401.14% in 2022, then plunged 27648.72% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $742000.0 in 2022, then soared by 285.04% to $2.9 million in 2023, then sank by 98.63% to $39000.0 in 2024, then slumped by 27648.72% to -$10.7 million in 2025, then jumped 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 114.58 Bn 112.88 Bn 9.40 Bn 217.30 Mn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 102.98 Mn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 84.00 Mn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 38.00 Mn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 46.20 Mn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 123.00 Mn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 21.04 Mn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 40.83 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 1.16 Mn
10 First Watch Restaurant 722.06 Mn 698.50 Mn 256.65 Mn -749,000.00

Historic Data

Download Data
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