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Inferra AI / Company / CMG

Chipotle Mexican Grill

CMG · Consumer Discretionary

Last earnings Oct 28, 2026

Key results

Total revenuequarter

7.5%

Total revenue increased 7.5% to $3.0 billion Comparable restaurant sales increased 0.3%

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Revenuequarter

0.3%

Total revenue increased 7.5% to $3.0 billion Comparable restaurant sales increased 0.3%

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Operating marginquarter

15.9%

Operating margin was 15.9%, a decrease from 16.9% Restaurant level operating margin 1 was 24.5%, a decrease from 25.5%

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

EPSquarter

$0.29

Diluted earnings per share was $0.29, a 3.6% increase from $0.28 Adjusted diluted earnings per share 1 was $0.29, a 7.4% increase from $0.27 Opened 84 company-owned restaurants, with 64 locations including a Chipotlane

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted EPSquarter

3.6%

Diluted earnings per share was $0.29, a 3.6% increase from $0.28 Adjusted diluted earnings per share 1 was $0.29, a 7.4% increase from $0.27 Opened 84 company-owned restaurants, with 64 locations including a Chipotlane

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Results for the three months ended September 30, 2025 Total revenue in the third quarter of 2025 was $3.0 billion, an increase of 7.5% compared to the third quarter of 2024.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The increase in total revenue was driven by new restaurant openings and a 0.3% increase in comparable restaurant sales due to a 1.1% increase in average check, partially offset by lower transactions of 0.8%.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Net incomequarter

$382.1 million

Net income for the third quarter of 2025 was $382.1 million, or $0.29 per diluted share, compared to $387.4 million, or $0.28 per diluted share in the third quarter of 2024.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted net incomequarter

$389.9 million

Adjusted net income 1 for the third quarter of 2025 was $389.9 million, or $0.29 per adjusted diluted share, compared to $366.6 million, or $0.27 per adjusted diluted share in the third quarter of 2024.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

AI analysis

Q3 2025 · reported Oct 29, 2025

Based on: Earnings release + parent 8-K — transcript not held

EPS · Q3 2025
$0.29
EX-99 · Oct 29, 2025
Net income · Q3 2025
$382.1M
EX-99 · Oct 29, 2025
Operating margin · Q3 2025
15.9%
EX-99 · Oct 29, 2025
Adjusted net income · Q3 2025
$389.9M
EX-99 · Oct 29, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Total revenue7.5%——
Revenue0.3%——
Operating margin15.9%——
EPS$0.29——
Adjusted EPS3.6%——
Net income$382.1 million——
Adjusted net income$389.9 million——

EX-99 · Oct 29, 2025

Guidance · company-stated

sales

“declines in the low-single digit range 315 to 345 new company-owned restaurant openings with over 80%”

tax rate

“between 25% and 27%”

Guidance stated in the release's Business Outlook table for Outlook For 2025, management is anticipating the followi; no direction stated — figures as stated in the table.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Operating margin15.9%

Capital allocation

During the third quarter of 2025 we repurchased $686.5 million of stock at an average price per share of $42.39.

As of September 30, 2025, $652.3 million remained available under share repurchase authorizations from our Board of Directors, including an additional $500 million in authorizations approved by our Board of Directors on September 3, 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Results for the three months ended September 30, 2025 Total revenue in the third quarter of 2025 was $3.0 billion, an increase of 7.5% compared to the third quarter of 2024

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

sales: “sales declines in the low-single digit range 315 to 345 new company-owned restaurant openings with over 80%”

tax rate: “tax rate between 25% and 27%”

sales (“Outlook For 2025, management is anticipating the followi”)
“sales declines in the low-single digit range 315 to 345 new company-owned restaurant openings with over 80%”

tax rate (“Outlook For 2025, management is anticipating the followi”)
“tax rate between 25% and 27%”

Guidance stated in the release's Business Outlook table for Outlook For 2025, management is anticipating the followi; no direction stated — figures as stated in the table.

Capital allocation

During the third quarter of 2025 we repurchased $686.5 million of stock at an average price per share of $42.39.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

As of September 30, 2025, $652.3 million remained available under share repurchase authorizations from our Board of Directors, including an additional $500 million in authorizations approved by our Board of Directors on September 3, 2025.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The repurchase authorization may be modified, suspended, or discontinued at any time.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Strategy & priorities

Our best-in-class teams are focused on doubling down on restaurant execution, sharpening our marketing message, accelerating menu innovation and creating more engaging digital experiences to ensure we emerge stronger and get back to driving positive transaction growth.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Risks & headwinds

This decrease was partially offset by inflation, primarily in beef and chicken, and the impact from newly enacted tariffs.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted net income is net income excluding lease remeasurement gains, expenses related to certain legal proceedings, stock-based compensation retention grants, and loss on investments.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Adjusted general and administrative expense is general and administrative expense excluding expenses related to certain legal proceedings and stock-based compensation retention grants.

SEC original ↗Chipotle Mexican Grill — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Documents

Earnings deck slides

2 decks with slide view

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

62 documents

Earnings releases

45 documents

Presentations

2 documents

Transcripts

0 documents

No transcripts for Chipotle Mexican Grill are held in this edition of the library.

Mentioned by

9 companies

Other tracked companies whose held documents mention Chipotle Mexican Grill by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.