Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026)
Chipotle Mexican Grill's (CMG) quarterly Operating Income came in at $525.6 million in Q2 2026, down 5.99% year-over-year from $559.1 million in Q2 2025, and up 32.37% quarter-over-quarter from $397.1 million in Q1 2026.
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Analysis
Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has reported Operating Income for 18 consecutive years, with $525.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 5.99% year-over-year to $525.6 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 5.56% decrease from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 1.02% from the prior year.
- Operating Income was $525.6 million for Q2 2026 at Chipotle Mexican Grill, up from $397.1 million in the prior quarter.
- Over five years, Operating Income peaked at $586.1 million in Q2 2024 and troughed at $190.2 million in Q1 2022.
- A 5-year average of $416.3 million and a median of $418.0 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 93.25% in 2023 and declined 17.15% in 2026, its largest moves.
- Over 5 years, Operating Income stood at $296.3 million in 2022, then advanced by 22.65% to $363.4 million in 2023, then grew by 14.39% to $415.7 million in 2024, then grew by 1.1% to $420.3 million in 2025, then grew by 25.05% to $525.6 million in 2026.
- The last three Operating Income figures came in at $525.6 million (Q2 2026), $397.1 million (Q1 2026), and $420.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 3.34 Bn |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 980.40 Mn |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 525.60 Mn |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 655.00 Mn |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 716.00 Mn |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 516.80 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 716.00 Mn |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 348.00 Mn |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 142.79 Mn |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 232.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 525.60 Mn |
| Mar 31, 2026 | 397.06 Mn |
| Dec 31, 2025 | 420.32 Mn |
| Sep 30, 2025 | 477.17 Mn |
| Jun 30, 2025 | 559.06 Mn |
| Mar 31, 2025 | 479.25 Mn |
| Dec 31, 2024 | 415.73 Mn |
| Sep 30, 2024 | 473.26 Mn |
| Jun 30, 2024 | 586.05 Mn |
| Mar 31, 2024 | 441.29 Mn |
| Dec 31, 2023 | 363.45 Mn |
| Sep 30, 2023 | 394.95 Mn |
| Jun 30, 2023 | 431.81 Mn |
| Mar 31, 2023 | 367.61 Mn |
| Dec 31, 2022 | 296.33 Mn |
| Sep 30, 2022 | 336.25 Mn |
| Jun 30, 2022 | 337.60 Mn |
| Mar 31, 2022 | 190.22 Mn |
| Dec 31, 2021 | 158.30 Mn |
| Sep 30, 2021 | 239.68 Mn |
API Access
Chipotle Mexican Grill Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();