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

First Watch Restaurant's Tax Rate history runs 7 years deep, the most recent figure standing at 21.81% for Q1 2026.

• On a quarterly basis, Tax Rate fell 2425.0% year-over-year to 21.81% in Q1 2026; TTM through Mar 2026 was 2.5%, a 3645.0% decrease from a year earlier, with the FY2025 full-year figure at 1.77%, down 3425.0% from the prior year.
• Tax Rate advanced to 21.81% in Q1 2026 per FWRG's latest filing, from 82.81% in the prior quarter.
• Across five years, Tax Rate topped out at 96.65% in Q3 2022 and bottomed at 1930.47% in Q4 2022.
• The 5-year median for Tax Rate is 32.92% (2022), against an average of 86.03%.
• Across the five-year window, Tax Rate tumbled 193393 bps in 2022 and soared 198237 bps in 2023, its largest moves.
• Year by year, Tax Rate stood at 1930.47% in 2022, then soared by 103 bps to 51.9% in 2023, then plunged by 90 bps to 5.28% in 2024, then tumbled by 1667 bps to 82.81% in 2025, then jumped by 126 bps to 21.81% in 2026.
• Per Business Quant, the three latest FWRG Tax Rate figures stand at 21.81% (Q1 2026), 82.81% (Q4 2025), and 47.29% (Q3 2025).