Chipotle Mexican GrillCMGEarnings & Financial Report
Chipotle Mexican Grill, Inc., often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. As of December 2025, Chipotle has 4,000 locations. Its name derives from chipotle, the Nahuatl name for a smoked and dried jalapeño chili pepper.
CMG Q4 2025 Key Financial Metrics
Revenue
$3.0B
Gross Profit
N/A
Operating Profit
$420.3M
Net Profit
$330.9M
Gross Margin
N/A
Operating Margin
14.1%
Net Margin
11.1%
YoY Growth
4.9%
EPS
$0.25
Financial Flow
Chipotle Mexican Grill Q4 2025 Financial Summary
Chipotle Mexican Grill reported revenue of $3.0B for Q4 2025, with a net profit of $330.9M (11.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $330.9M |
| Gross Margin | N/A |
| Operating Margin | 14.1% |
| Report Period | Q4 2025 |
Chipotle Mexican Grill Annual Revenue by Year
Chipotle Mexican Grill annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.9B |
| 2024 | $11.3B |
| 2023 | $9.9B |
| 2022 | $8.6B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.70B | $2.97B | $2.79B | $2.85B | $2.88B | $3.06B | $3.00B | $2.98B |
| YoY Growth | 14.1% | 18.2% | 13.0% | 13.1% | 6.4% | 3.0% | 7.5% | 4.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.41B | $8.92B | $9.01B | $9.20B | $9.04B | $9.27B | $9.28B | $8.99B |
| Liabilities | $5.05B | $5.21B | $5.40B | $5.55B | $5.55B | $5.74B | $6.06B | $6.16B |
| Equity | $3.36B | $3.71B | $3.61B | $3.66B | $3.49B | $3.53B | $3.22B | $2.83B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $569.2M | $562.6M | $446.5M | $526.8M | $557.1M | $561.3M | $569.7M | $425.8M |
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