The latest data point for CMG's Operation Income in Q1'26 shows a value of $397M USD, reflecting a decline from the previous quarter's $420M in Q4'25 and marking the lowest point in the series since Q2'23. Over the period from Q2'23 to Q1'26, Operation Income exhibited volatility with an initial downward trend from $432M in Q2'23 to $363M in Q4'23, followed by a strong recovery peaking at $586M in Q2'24, before stabilizing around $400M-$500M in subsequent quarters; year-over-year growth was positive through Q4'25, averaging 10-35% in earlier periods, but turned negative in Q2'25 (-4.6%) and sharply declined to -17.1% in Q1'26, indicating emerging pressures on profitability despite overall resilience in absolute terms.