Growth Metrics

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

First Watch Restaurant has reported Tax Rate over the past 7 years, most recently at 21.81% for Q1 2026.

  • For Q1 2026, Tax Rate fell 2425.0% year-over-year to 21.81%; the TTM value through Mar 2026 reached 71.71%, down 10566.0%, while the annual FY2025 figure was 60.16%, 9263.0% down from the prior year.
  • Tax Rate for Q1 2026 was 21.81% at First Watch Restaurant, up from 243.08% in the prior quarter.
  • Over five years, Tax Rate peaked at 289.84% in Q4 2022 and troughed at 243.08% in Q4 2025.
  • A 5-year average of 35.15% and a median of 33.04% in 2022 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: skyrocketed 28638bps in 2022 and later tumbled -24836bps in 2025.
  • Year by year, Tax Rate stood at 289.84% in 2022, then crashed by -82bps to 51.9% in 2023, then crashed by -90bps to 5.28% in 2024, then plummeted by -4700bps to 243.08% in 2025, then skyrocketed by 109bps to 21.81% in 2026.
  • Business Quant data shows Tax Rate for FWRG at 21.81% in Q1 2026, 243.08% in Q4 2025, and 47.29% in Q3 2025.