Chipotle Mexican Grill (CMG) Operating Expenses (2010 - 2026)

Chipotle Mexican Grill (CMG) has 17 years of Operating Expenses data on file, last reported at $2.7 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $2.7 billion, up 12.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.3 billion (up 7.89% YoY), and the FY2025 annual result was $10.0 billion, up 6.3% from the prior year.
• Operating Expenses improved to $2.7 billion in Q1 2026 per CMG's latest filing, from $2.6 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $2.7 billion in Q1 2026 and troughed at $1.8 billion in Q1 2022.
• A 5-year average of $2.2 billion and a median of $2.3 billion in 2024 frame the typical range for Operating Expenses.
• On a YoY basis, Operating Expenses climbed as much as 15.83% in 2022 and fell as far as 4.55% in 2022.
• A 5-year view of Operating Expenses shows it stood at $1.9 billion in 2022, then gained by 14.26% to $2.2 billion in 2023, then gained by 12.85% to $2.4 billion in 2024, then grew by 5.5% to $2.6 billion in 2025, then climbed by 4.99% to $2.7 billion in 2026.
• Business Quant data shows CMG's Operating Expenses at $2.7 billion in Q1 2026, $2.6 billion in Q4 2025, and $2.5 billion in Q3 2025.