Chipotle Mexican Grill, Inc. financials

Key figures from Chipotle Mexican Grill, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$3.3B$3.1B+9.3%
Net income$404M$436M-7.5%
Free cash flow$463M$401M+15.6%
Gross margin
Operating margin15.7%18.2%-2.6 pts
Net margin12.1%14.2%-2.2 pts

Quarterly trend

Revenue by quarter
$2.5BSep 2023$2.5BDec 2023*$2.7BMar 2024$3.0BJun 2024$2.8BSep 2024$2.8BDec 2024*$2.9BMar 2025$3.1BJun 2025$3.0BSep 2025$3.0BDec 2025*$3.1BMar 2026$3.3BJun 2026
Net income by quarter
$313MSep 2023$282MDec 2023*$359MMar 2024$456MJun 2024$387MSep 2024$332MDec 2024*$387MMar 2025$436MJun 2025$382MSep 2025$331MDec 2025*$303MMar 2026$404MJun 2026
Free cash flow by quarter
$349MSep 2023$94MDec 2023*$437MMar 2024$422MJun 2024$299MSep 2024$354MDec 2024*$412MMar 2025$401MJun 2025$406MSep 2025$228MDec 2025*$471MMar 2026$463MJun 2026
Margins by quarter
8%15%21%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202616.0%14.4%16.3%19.7%16.9%14.6%16.7%18.2%15.9%14.1%12.9%15.7%12.7%11.2%13.3%15.3%13.9%11.7%13.4%14.2%12.7%11.1%9.8%12.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$11.9B$1.5B12.9%$1.4B$1.14
FY Dec 2024$11.3B$1.5B13.6%$1.5B$1.11
FY Dec 2023$9.9B$1.2B12.4%$1.2B$0.89
FY Dec 2022$8.6B$899M10.4%$844M$0.64
FY Dec 2021$7.5B$653M8.7%$840M$22.90

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.