Chipotle Mexican Grill, Inc. (CMG) Financials
Key financial figures for Chipotle Mexican Grill, Inc. (Q3 2026).
Chipotle's Q3 2026 revenue rose 9.6% to $3.29 billion and comparable restaurant sales rose 2.1%, but operating margin fell to 13.7% from 15.9% and diluted EPS slipped to $0.27 from $0.29. Total revenue was $3,293.2 million, up 9.6% year over year, driven by new restaurant openings and, to a lesser extent, comparable restaurant sales. Comparable restaurant sales rose 2.1%: average check up 1.3% and transactions up 0.8%, the third consecutive quarter of positive transaction growth. Digital sales were 38.8% of food and beverage revenue versus 36.7% a year earlier. Margins compressed: operating margin was 13.7% (15.9% a year ago) and restaurant level operating margin was 23.3% (24.5%). On the outlook: For 2026, management continues to anticipate full year comparable restaurant sales growth in the low single digit range, 350 to 370 new restaurant openings (including 10 to 15 international partner-operated, around 80% of new company-owned restaurants with a Chipotlane), and an underlying full year effective tax rate of 24% to 26% before discrete items. For 2027, management anticipates 340 to 360 new company-owned openings in the U.S. and Canada and around 15 to 25 company-owned and partner-operated restaurants outside the U.S. and Canada. Figures are for Q3 2026, as Chipotle Mexican Grill, Inc. reported them.
- Revenue
- $3.3B
- Net Income
- $340M
- EPS
- $0.27
- Total Assets
- $9.4B
- Operating Cash Flow
- $590M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.3B | $340M | $0.27 | 13.72% | $347M |
| Q2 FY2026 | $3.3B | $404M | $0.32 | 15.7% | $463M |
| Q1 FY2026 | $3.1B | $303M | $0.23 | 13.55% | $471M |
| Q4 FY2025 | $3.0B | $331M | $0.25 | 14.94% | $228M |
| Q3 FY2025 | $3.0B | $382M | $0.29 | 16.59% | $406M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $11.9B | $1.5B | $1.14 | 16.88% | $1.4B |
| FY2024 | $11.3B | $1.5B | $1.11 | 16.94% | $1.5B |
| FY2023 | $9.9B | $1.2B | $0.89 | 15.78% | $1.2B |
Frequently asked questions
What was Chipotle Mexican Grill, Inc.'s revenue last quarter?
Chipotle Mexican Grill, Inc. reported revenue of $3.29 billion for Q3 FY2026, up 9.6% from the same period a year earlier.
Is Chipotle Mexican Grill, Inc. profitable?
Yes. Chipotle Mexican Grill, Inc. reported net income of $339.9 million for Q3 FY2026, a net margin of 10.32% on revenue.
How has Chipotle Mexican Grill, Inc.'s margin trended?
Operating margin was 13.72% in Q3 FY2026, compared with 16.59% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Chipotle Mexican Grill, Inc. generate?
Chipotle Mexican Grill, Inc. generated free cash flow of $347.1 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Chipotle Mexican Grill, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.