Growth Metrics

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

Chipotle Mexican Grill (CMG) reported Operating Income of $397.1 million for Q1 2026, down 17.15% year-over-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) has 18 years of Operating Income data on file, last reported at $397.1 million in Q1 2026.

  • Quarterly Operating Income fell 17.15% year-over-year to $397.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (down 5.15% YoY) and the FY2025 annual result came in at $1.9 billion, up 1.02% from the prior year.
  • Operating Income fell to $397.1 million in Q1 2026 per CMG's latest filing, from $420.3 million in the prior quarter.
  • Across five years, Operating Income topped out at $586.1 million in Q2 2024 and bottomed at $190.2 million in Q1 2022.
  • The 5-year median for Operating Income is $415.7 million (2024), against an average of $409.8 million.
  • The widest annual swing landed in 2023, when Operating Income surged 93.25%; it then dropped 17.15% in 2026.
  • Tracing CMG's Operating Income over 5 years: stood at $296.3 million in 2022, then gained by 22.65% to $363.4 million in 2023, then climbed by 14.39% to $415.7 million in 2024, then climbed by 1.1% to $420.3 million in 2025, then declined by 5.53% to $397.1 million in 2026.
  • Per Business Quant, the three latest CMG Operating Income figures stand at $397.1 million (Q1 2026), $420.3 million (Q4 2025), and $477.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 828.10 Mn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 644.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 397.06 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 606.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 406.40 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 447.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 146.34 Mn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 230.36 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 2.81 Mn
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn 34.30 Mn

Historic Data

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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
Mar 31, 2021 161.44 Mn
Dec 31, 2020 116.89 Mn
Sep 30, 2020 107.10 Mn
Jun 30, 2020 -4.94 Mn
Mar 31, 2020 71.12 Mn
Dec 31, 2019 98.16 Mn
Sep 30, 2019 115.62 Mn
Jun 30, 2019 120.02 Mn
Mar 31, 2019 110.16 Mn
Dec 31, 2018 39.61 Mn
Sep 30, 2018 57.99 Mn
Jun 30, 2018 67.96 Mn
Mar 31, 2018 92.81 Mn
Dec 31, 2017 60.03 Mn
Sep 30, 2017 30.87 Mn
Jun 30, 2017 106.73 Mn
Mar 31, 2017 73.17 Mn
Dec 31, 2016 30.55 Mn
Sep 30, 2016 9.73 Mn
Jun 30, 2016 40.90 Mn
Mar 31, 2016 -46.60 Mn
Dec 31, 2015 103.61 Mn
Sep 30, 2015 234.76 Mn
Jun 30, 2015 227.42 Mn
Mar 31, 2015 197.80 Mn
Dec 31, 2014 187.87 Mn
Sep 30, 2014 207.44 Mn
Jun 30, 2014 179.84 Mn
Mar 31, 2014 135.65 Mn
Dec 31, 2013 129.10 Mn
Sep 30, 2013 137.15 Mn
Jun 30, 2013 146.42 Mn
Mar 31, 2013 120.04 Mn
Dec 31, 2012 102.19 Mn
Sep 30, 2012 117.66 Mn
Jun 30, 2012 133.79 Mn
Mar 31, 2012 102.22 Mn
Dec 31, 2011 93.87 Mn
Sep 30, 2011 98.01 Mn
Jun 30, 2011 83.86 Mn
Mar 31, 2011 74.82 Mn
Dec 31, 2010 73.99 Mn
Sep 30, 2010 77.58 Mn
Jun 30, 2010 74.96 Mn
Mar 31, 2010 61.30 Mn
Dec 31, 2009 50.39 Mn
Sep 30, 2009 54.81 Mn
Jun 30, 2009 57.32 Mn