Company / Income Tax
First Watch Restaurant Group, Inc. Income Tax History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$7.3M
FY2025
5-year range
-$19.9M / $10.7M
FY2021-FY2025
Trend
-180.2%
vs FY2024
Sector context
#214 of 234
Consumer Discretionary
What the data says
Among 234 Consumer Discretionary companies, First Watch Restaurant Group, Inc. is in the top 9% for income tax. Income Tax has fluctuated over the past 7 years, ranging from -$20M in FY2022 to $11M in FY2023.
Based on SEC 10-K filings.
-$7M in FY2025.
Improved from $11M to -$7M over the past 2 years.
Consumer Discretionary sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Consumer DiscretionaryTop 9% of 234This company -$7.3M Sector average $235.9M
▼
-103.1% below sector average
Key checks
Key Insights
- In FY2025, income tax decreased 180.2% year-over-year.
- Ranks #214 out of 234 companies in the Consumer Discretionary sector.
- Peak income tax was recorded in FY2023.
- Lowest income tax in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.92 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$7.3M | -180.2% |
| FY2024 | $9.1M | -14.9% |
| FY2023 | $10.7M | +153.8% |
| FY2022 | -$19.9M | -60.0% |
| FY2021 | -$12.4M | +37.5% |
| FY2020 | -$19.9M | -60.0% |
| FY2019 | -$12.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026