Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026)

Chipotle Mexican Grill's (CMG) quarterly Operating Income came in at $397.1 million in Q1 2026, down 17.15% year-on-year from $479.2 million in Q1 2025, and down 5.53% on a QoQ basis from $420.3 million in Q4 2025.

Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026) Analysis & Trends

Chipotle Mexican Grill (CMG) has 18 years of Operating Income data on file, last reported at $397.1 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 17.15% year-over-year to $397.1 million in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 5.15% decrease from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 1.02% from the prior year.
  • Operating Income for Q1 2026 stood at $397.1 million, down from $420.3 million in the prior quarter.
  • Over the last five years, Operating Income for CMG reached as high as $586.1 million in Q2 2024 and fell as low as $190.2 million in Q1 2022.
  • Historically, Operating Income has averaged $409.8 million across 5 years, with a median of $415.7 million in 2024.
  • Across the five-year window, Operating Income surged 93.25% in 2023 and dropped 17.15% in 2026, its largest moves.
  • Year by year, Operating Income stood at $296.3 million in 2022, then rose by 22.65% to $363.4 million in 2023, then advanced by 14.39% to $415.7 million in 2024, then advanced by 1.1% to $420.3 million in 2025, then dropped by 5.53% to $397.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $397.1 million in Q1 2026, $420.3 million in Q4 2025, and $477.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 828.10 Mn
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 644.00 Mn
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 397.06 Mn
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 606.00 Mn
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 406.40 Mn
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 447.00 Mn
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 146.34 Mn
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 232.04 Mn
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 34.30 Mn
10 Brinker International 8.13 Bn 8.07 Bn 1.10 Bn 166.60 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 245.53 Mn