CHIPOTLE MEXICAN GRILL INC

For the period ended Mar 31, 2025. Filed Apr 24, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 24, 2025

CMG$35.92+0.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income and Comprehensive Income

(in thousands, except per share data)

	Three months endedMarch 31,
	2025	2024
Food and beverage revenue	$2,859,831	$2,684,447
Delivery service revenue	15,422	17,401
Total revenue	2,875,253	2,701,848
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Food, beverage and packaging	838,403	779,076
Labor	718,226	659,450
Occupancy	149,841	135,699
Other operating costs	415,161	385,773
General and administrative expenses	172,783	204,625
Depreciation and amortization	87,211	83,243
Pre-opening costs	8,210	7,211
Impairment, closure costs, and asset disposals	6,168	5,479
Total operating expenses	2,396,003	2,260,556
Income from operations	479,250	441,292
Interest and other income, net	22,253	19,364
Income before income taxes	501,503	460,656
Provision for income taxes	114,904	101,369
Net income	$386,599	$359,287
Earnings per share:
Basic	$0.29	$0.26
Diluted	$0.28	$0.26
Weighted-average common shares outstanding:
Basic	1,354,518	1,372,175
Diluted	1,360,719	1,381,162
Other comprehensive income/(loss), net of income taxes:
Foreign currency translation adjustments	$435	$(1,293)
Comprehensive income	$387,034	$357,994

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.