Sunday 25 October 2026 Export CMG’s income statement to Excel — free account

Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.9 billion, up 5.41% from fiscal 2024. In the quarter to June 2026, revenue grew 9.31%, EPS was flat and free cash flow grew 15.6%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for five.

27.52 0.62 −2.20%

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Market cap: $35.6B
P/E: 25.2×
Fwd P/E: 24.5×
Dividend yield: —
F-score: 5/9
Altman Z: 6.99
Beneish M: −2.60
Dividend safety: n/a

Overview Business Profile Financial Analysis Segments Filings

Chipotle Mexican Grill, Inc. (CMG) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
U. S. Segment	11,679	97.94%
Other, not broken out	246	2.06%
Gross margin		25.38%
Operating margin		16.23%
Pre-tax margin		16.85%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Food and beverage revenue	11,866 99.50%	11,247 99.41%	9,804 99.32%	8,558 99.11%	7,457 98.81%	5,921 98.93%	5,561 99.55%	4,861 99.91%
Delivery service revenue	60 0.50%	66 0.59%	68 0.68%	77 0.89%	90 1.19%	64 1.07%	25 0.45%	4 0.09%
Revenue	11,926	11,314	9,872	8,635	7,547	5,985	5,586	4,865

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022
U. S. Segment	11,679 97.94%	11,112 98.21%	9,720 98.47%	8,516 98.63%
Other, not broken out	246 2.06%	202 1.79%	151 1.53%	118 1.37%
Revenue	11,926	11,314	9,872	8,635

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022
U. S. Segment	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡
Operating income	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.