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.

• Cost of Revenue for Q1 2026 came in at $480.6 million, down 42.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (down 46.96% YoY), and the FY2025 annual result was $1.8 billion, down 47.97% from the prior year.
• Cost of Revenue climbed to $480.6 million in Q1 2026 per CMG's latest filing, from $461.6 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.6 billion in Q4 2022 and troughed at -$736.7 million in Q4 2023.
• A 5-year average of $567.0 million and a median of $480.6 million in 2026 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 145.14% in 2023, then soared 217.59% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $1.6 billion in 2022, then sank by 145.14% to -$736.7 million in 2023, then soared by 217.59% to $866.3 million in 2024, then tumbled by 46.72% to $461.6 million in 2025, then gained by 4.13% to $480.6 million in 2026.
• Business Quant data shows CMG's Cost of Revenue at $480.6 million in Q1 2026, $461.6 million in Q4 2025, and $450.4 million in Q3 2025.