Chipotle Mexican Grill, Inc. (CMG)

Chipotle Mexican Grill Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Revenue	3,293	3,349	3,088	2,984	3,003	3,063	2,875	2,845	2,794	2,973	2,702	2,516	2,472	2,515	2,369	2,181	2,220	2,213	2,021	1,961
Revenue Growth (YoY)	9.65%	9.31%	7.41%	4.86%	7.51%	3.04%	6.42%	13.07%	13.01%	18.22%	14.07%	15.40%	11.34%	13.62%	17.22%	11.22%	13.72%	16.95%	16.02%	21.95%
Cost of Revenue	1,999	2,004	1,889	1,823	1,817	1,797	1,706	1,730	1,695	1,729	1,574	1,508	1,477	1,474	1,398	1,316	1,336	1,338	1,271	1,244
Gross Profit	1,294	1,344	1,200	1,160	1,186	1,267	1,169	1,116	1,099	1,244	1,128	1,009	995.21	1,041	970.3	864.19	884.63	875.57	749.64	716.47
Selling, General & Admin	185.23	190.47	200.76	500.38	146.74	172.15	160.91	465.89	126.61	175.03	204.63	433.85	159.5	156.5	148.34	386.38	140.9	140.82	147.4	382.12
Other Operating Expenses	525.74	499.76	480.64	96.42	450.43	428.66	415.16	124.87	386.46	384.75	385.77	105.86	345.37	349.71	363.21	90.34	322.09	317.48	330.7	98.11
Operating Expenses	828.68	804.93	789.76	706.45	701.44	702.37	671.49	687.54	610.21	652.34	680.85	638.8	593.02	592.51	594.33	562.07	542.02	533.29	555.11	553.48
Operating Income	465.21	539.4	409.84	453.89	484.58	564.52	497.3	428.21	488.43	591.82	446.77	369.98	402.19	448.05	375.97	302.12	342.62	342.28	194.53	163
Interest Expense	-	-	-	-0.73	-	-	-	-1.44	-	-	-	-1.54	-	-	-	-3.34	-	-	-0.21	-
Interest & Investment Income	5.16	7.68	8.74	14.05	19.79	18.36	22.25	24.81	29.31	21.86	19.36	20.45	18.39	16.45	8.95	-	3.71	10.57	-	9.26
EBT Excluding Unusual Items	470.38	547.08	418.59	467.22	504.37	582.88	519.55	451.58	517.74	613.68	466.14	388.88	420.58	464.5	384.92	298.77	346.33	352.85	194.32	172.26
Gain (Loss) on Sale of Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.4	-	-	-	-
Asset Writedown	-13.25	-13.81	-9.82	-8.46	-7.4	-5.47	-6.17	-0.53	-15.18	-5.76	-5.48	-6.53	-7.24	-16.24	-8.36	-5.79	-6.36	-4.68	-4.31	-4.7
Legal Settlements	-	-	-	-22.5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Unusual Items	-	-	-2.96	-2.61	-	-	-11.88	-11.95	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	457.13	533.27	405.81	433.64	496.96	577.41	501.5	439.1	502.56	607.91	460.66	382.35	413.34	448.26	376.56	303.39	339.97	348.17	190.01	167.56
Income Tax Expense	117.25	129.73	102.98	102.71	114.86	141.29	114.9	107.33	115.18	152.24	101.37	100.27	100.13	106.47	84.91	79.66	82.83	88.23	31.71	34.08
Net Income	339.87	403.55	302.82	330.93	382.1	436.13	386.6	331.76	387.39	455.67	359.29	282.09	313.22	341.79	291.64	223.73	257.14	259.94	158.29	133.48
Net Income to Common	339.87	403.55	302.82	330.93	382.1	436.13	386.6	331.76	387.39	455.67	359.29	282.09	313.22	341.79	291.64	223.73	257.14	259.94	158.29	133.48
Net Income Growth (YoY)	-11.05%	-7.47%	-21.67%	-0.25%	-1.36%	-4.29%	7.60%	17.61%	23.68%	33.32%	23.19%	26.09%	21.81%	31.49%	84.24%	67.62%	25.78%	38.29%	24.54%	-30.10%
Shares Outstanding (Basic)	1,265	1,277	1,298	1,315	1,335	1,345	1,355	1,361	1,367	1,373	1,372	1,372	1,378	1,380	1,381	1,384	1,389	1,395	1,402	1,406
Shares Outstanding (Diluted)	1,268	1,279	1,302	1,320	1,340	1,350	1,361	1,369	1,375	1,382	1,381	1,381	1,384	1,387	1,389	1,395	1,398	1,405	1,415	1,424
Shares Change (YoY)	-5.36%	-5.27%	-4.33%	-3.57%	-2.55%	-2.26%	-1.48%	-0.88%	-0.68%	-0.42%	-0.59%	-1.00%	-0.98%	-1.23%	-1.81%	-2.06%	-1.82%	-1.44%	-0.98%	-0.24%
EPS (Basic)	0.27	0.32	0.23	0.25	0.29	0.32	0.29	0.24	0.28	0.33	0.26	0.21	0.23	0.25	0.21	0.16	0.19	0.19	0.11	0.09
EPS (Diluted)	0.27	0.32	0.23	0.25	0.29	0.32	0.28	0.24	0.28	0.33	0.26	0.21	0.23	0.25	0.21	0.16	0.18	0.18	0.11	0.09
EPS Growth (YoY)	-6.16%	-1.27%	-17.86%	3.95%	2.22%	-3.03%	7.69%	16.59%	23.14%	33.26%	23.81%	28.18%	23.57%	33.86%	87.83%	71.43%	28.13%	40.15%	25.62%	-30.04%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Free Cash Flow	347.14	463.38	471.02	228.39	406.19	400.74	412.27	353.89	298.97	422.09	436.53	93.53	349.27	445.28	334.67	257.93	212.9	186.45	186.74	316.51
Free Cash Flow Per Share	0.27	0.36	0.36	0.17	0.30	0.30	0.30	0.26	0.22	0.31	0.32	0.07	0.25	0.32	0.24	0.18	0.15	0.13	0.13	0.22
Gross Margin	39.29%	40.15%	38.84%	38.89%	39.49%	41.36%	40.65%	39.21%	39.33%	41.85%	41.73%	40.09%	40.26%	41.38%	40.97%	39.63%	39.85%	39.56%	37.10%	36.54%
Operating Margin	14.13%	16.11%	13.27%	15.21%	16.13%	18.43%	17.30%	15.05%	17.48%	19.91%	16.54%	14.70%	16.27%	17.82%	15.87%	13.86%	15.43%	15.46%	9.63%	8.31%
Profit Margin	10.32%	12.05%	9.81%	11.09%	12.72%	14.24%	13.45%	11.66%	13.87%	15.33%	13.30%	11.21%	12.67%	13.59%	12.31%	10.26%	11.58%	11.74%	7.83%	6.81%
Free Cash Flow Margin	10.54%	13.84%	15.25%	7.66%	13.52%	13.08%	14.34%	12.44%	10.70%	14.20%	16.16%	3.72%	14.13%	17.71%	14.13%	11.83%	9.59%	8.42%	9.24%	16.14%
EBITDA	567.83	637.73	506.56	546.6	575.1	655.47	584.51	512.09	572.78	675.38	530.01	455.47	480.74	526.82	452.55	376.13	414.03	412.01	266.2	229.26
EBITDA Margin	17.24%	19.05%	16.40%	18.32%	19.15%	21.40%	20.33%	18.00%	20.50%	22.72%	19.62%	18.10%	19.45%	20.95%	19.11%	17.25%	18.65%	18.62%	13.18%	11.69%
D&A For EBITDA	102.61	98.33	96.72	92.7	90.52	90.95	87.21	83.88	84.35	83.56	83.24	85.49	78.55	78.77	76.59	74.01	71.42	69.73	71.67	66.26
EBIT	465.21	539.4	409.84	453.89	484.58	564.52	497.3	428.21	488.43	591.82	446.77	369.98	402.19	448.05	375.97	302.12	342.62	342.28	194.53	163
EBIT Margin	14.13%	16.11%	13.27%	15.21%	16.13%	18.43%	17.30%	15.05%	17.48%	19.91%	16.54%	14.70%	16.27%	17.82%	15.87%	13.86%	15.43%	15.46%	9.63%	8.31%
Effective Tax Rate	25.65%	24.33%	25.38%	23.69%	23.11%	24.47%	22.91%	24.44%	22.92%	25.04%	22.00%	26.22%	24.22%	23.75%	22.55%	26.26%	24.36%	25.34%	16.69%	20.34%
Revenue as Reported	3,293	3,349	3,088	2,984	3,003	3,063	2,875	2,845	2,794	2,973	2,702	2,516	2,472	2,515	2,369	2,181	2,220	2,213	2,021	1,961

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error