Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly Operating Income of $525.6 million for Q2 2026, down 5.99% year-over-year from $559.1 million in Q2 2025, and up 32.37% on a QoQ basis from $397.1 million in Q1 2026.
Chipotle Mexican Grill (CMG) Operating Income (2009 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported Operating Income for 18 years, with the latest figure at $525.6 million in Q2 2026.
- Operating Income for Q2 2026 came in at $525.6 million, down 5.99% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.8 billion (down 5.56% YoY), and the FY2025 annual result was $1.9 billion, up 1.02% from the prior year.
- Operating Income grew to $525.6 million in Q2 2026, 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.
- The widest annual swing landed in 2023, when Operating Income surged 93.25%; it then dropped 17.15% in 2026.
- A 5-year view of Operating Income shows it stood at $296.3 million in 2022, then grew by 22.65% to $363.4 million in 2023, then rose by 14.39% to $415.7 million in 2024, then rose by 1.1% to $420.3 million in 2025, then rose by 25.05% to $525.6 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $525.6 million in Q2 2026, $397.1 million in Q1 2026, and $420.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 3.34 Bn |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 980.40 Mn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 525.60 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 655.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 716.00 Mn |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 516.80 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 716.00 Mn |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 348.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 142.79 Mn |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 232.04 Mn |
Historic Data
Download 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 |