Chipotle Mexican Grill (CMG) Cost of Revenue (2010 - 2026)

Chipotle Mexican Grill (CMG) has 17 years of Cost of Revenue data on file, last reported at $480.6 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 15.77% year-over-year to $480.6 million in Q1 2026; TTM through Mar 2026 was $2.3 billion, a 10.85% decrease from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 11.94% from the prior year.
• Cost of Revenue for Q1 2026 stood at $480.6 million, up from $461.6 million in the prior quarter.
• Over the last five years, Cost of Revenue for CMG reached as high as $886.0 million in Q2 2025 and fell as low as -$651.5 million in Q4 2022.
• Historically, Cost of Revenue has averaged $473.7 million across 5 years, with a median of $450.4 million in 2025.
• Across the five-year window, Cost of Revenue slumped 205.05% in 2022 and surged 156.86% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at -$651.5 million in 2022, then soared by 156.86% to $370.5 million in 2023, then rose by 11.07% to $411.5 million in 2024, then grew by 12.17% to $461.6 million in 2025, then grew by 4.13% to $480.6 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $480.6 million in Q1 2026, $461.6 million in Q4 2025, and $450.4 million in Q3 2025.