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Chipotle Mexican Grill (CMG) Operating Expenses (2016 - 2026)

Chipotle Mexican Grill (CMG) has disclosed Operating Expenses for 17 consecutive years, with $2.7 billion as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 12.32% year-over-year to $2.7 billion; the TTM value through Mar 2026 reached $10.3 billion, up 7.89%, while the annual FY2025 figure was $10.0 billion, 6.3% up from the prior year.
  • Operating Expenses hit $2.7 billion in Q1 2026 for Chipotle Mexican Grill, up from $2.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.7 billion in Q1 2026 and bottomed at $1.8 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $2.2 billion, with a median of $2.3 billion recorded in 2024.
  • On a YoY basis, Operating Expenses climbed as much as 15.83% in 2022 and fell as far as 4.55% in 2022.
  • Chipotle Mexican Grill's Operating Expenses stood at $1.9 billion in 2022, then grew by 14.26% to $2.2 billion in 2023, then grew by 12.85% to $2.4 billion in 2024, then grew by 5.5% to $2.6 billion in 2025, then rose by 4.99% to $2.7 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $2.7 billion, $2.6 billion, and $2.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.