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% quarter-over-quarter 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.

  • Operating Income for Q1 2026 came in at $397.1 million, down 17.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (down 5.15% YoY), and the FY2025 annual result was $1.9 billion, up 1.02% from the prior year.
  • Operating Income declined to $397.1 million in Q1 2026 per CMG's latest filing, from $420.3 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 $409.8 million and a median of $415.7 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2023 and 2026: Operating Income jumped 93.25% in 2023, then fell 17.15% in 2026.
  • A 5-year view of Operating Income shows it stood at $296.3 million in 2022, then climbed by 22.65% to $363.4 million in 2023, then increased by 14.39% to $415.7 million in 2024, then increased by 1.1% to $420.3 million in 2025, then retreated by 5.53% to $397.1 million in 2026.
  • Business Quant data shows CMG's Operating Income at $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 114.58 Bn 112.88 Bn 9.40 Bn 828.10 Mn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 397.06 Mn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 644.00 Mn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 606.00 Mn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 406.40 Mn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 447.00 Mn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 146.34 Mn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 230.36 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 2.81 Mn
10 Dutch Bros 8.99 Bn 8.95 Bn 107.48 Mn 34.30 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