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CMG Net Income

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As of Q4'25, Chipotle Mexican Grill (CMG) reported net income of USD 331.76M, reflecting a slight year-over-year decline of -0.25%. This marks a decrease from the previous quarter's net income of USD 382.10M and continues a trend of moderating growth rates observed throughout 2025. From Q1'23 to Q4'25, CMG's net income demonstrated overall growth, rising from USD 291.64M in Q1'23 to a peak of USD 455.67M in Q2'24 before gradually declining in subsequent quarters. Year-over-year growth rates were robust through 2023 and the first half of 2024, with YoY increases exceeding 17% each quarter and peaking at 84% in Q1'23. However, starting in Q1'25, YoY growth decelerated sharply, turning negative by Q2'25 and remaining slightly negative through year-end, indicating a shift from strong expansion to a period of stabilization or mild contraction in profitability.