Chipotle Mexican Grill (CMG) Cost of Revenue (2010 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly Cost of Revenue of $993.6 million for Q2 2026, up 12.14% year-over-year from $886.0 million in Q2 2025, and up 8.78% on a QoQ basis from $913.3 million in Q1 2026.
Chipotle Mexican Grill (CMG) Cost of Revenue (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported Cost of Revenue for 17 years, with the latest figure at $993.6 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $993.6 million, up 12.14% year-over-year; the trailing twelve-month figure through Jun 2026 was $3.7 billion (up 7.64% YoY), and the FY2025 annual result was $3.5 billion, up 4.52% from the prior year.
- Cost of Revenue improved to $993.6 million in Q2 2026, from $913.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $993.6 million in Q2 2026 and troughed at $626.9 million in Q1 2022.
- A 5-year average of $795.7 million and a median of $808.7 million in 2024 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue advanced 19.95%; it then increased 1.41% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $638.9 million in 2022, then climbed by 16.95% to $747.2 million in 2023, then advanced by 15.94% to $866.3 million in 2024, then gained by 3.91% to $900.2 million in 2025, then rose by 10.38% to $993.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $993.6 million in Q2 2026, $913.3 million in Q1 2026, and $900.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 192.15 Bn | 191.33 Bn | 6.42 Bn | 680.00 Mn |
| 2 | Starbucks | 122.32 Bn | 118.71 Bn | 6.49 Bn | 2.83 Bn |
| 3 | Chipotle Mexican Grill | 46.99 Bn | 46.31 Bn | 2.35 Bn | 993.57 Mn |
| 4 | Yum Brands | 42.11 Bn | 41.44 Bn | 1.47 Bn | 700.00 Mn |
| 5 | Restaurant Brands International | 28.08 Bn | 27.02 Bn | 1.89 Bn | 635.00 Mn |
| 6 | Darden Restaurants | 25.61 Bn | 25.39 Bn | 3.68 Bn | 43.20 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 635.00 Mn |
| 8 | Yum China Holdings | 17.21 Bn | 15.83 Bn | 2.22 Bn | 918.00 Mn |
| 9 | Texas Roadhouse | 13.43 Bn | 13.22 Bn | 1.44 Bn | 237.02 Mn |
| 10 | Dominos Pizza | 11.33 Bn | 11.13 Bn | 478.23 Mn | 716.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 993.57 Mn |
| Jun 30, 2026 | 993.57 Mn |
| Mar 31, 2026 | 480.64 Mn |
| Mar 31, 2026 | 480.64 Mn |
| Dec 31, 2025 | 461.57 Mn |
| Dec 31, 2025 | 461.57 Mn |
| Sep 30, 2025 | 450.43 Mn |
| Sep 30, 2025 | 450.43 Mn |
| Jun 30, 2025 | 885.99 Mn |
| Jun 30, 2025 | 885.99 Mn |
| Mar 31, 2025 | 415.16 Mn |
| Mar 31, 2025 | 415.16 Mn |
| Dec 31, 2024 | 411.49 Mn |
| Dec 31, 2024 | 411.49 Mn |
| Sep 30, 2024 | 855.52 Mn |
| Sep 30, 2024 | 855.52 Mn |
| Jun 30, 2024 | 873.67 Mn |
| Jun 30, 2024 | 873.67 Mn |
| Mar 31, 2024 | 385.77 Mn |
| Mar 31, 2024 | 385.77 Mn |