In Q1'26, Chipotle Mexican Grill (CMG)'s Gross Margin reached 68.4%, a significant surge from prior quarters, while Operating Margin stood at 12.9% and Net Profit Margin at 9.8%, reflecting the latest quarterly figures in a multi-year profit margin analysis. From Q2'23 to Q1'26, Gross Margin exhibited volatility with an overall downward trend from 27.5% to around 23-29% in most periods, except for the sharp 68.4% spike in Q1'26 potentially indicating a one-time adjustment or reporting anomaly; Operating Margin fluctuated between 14.4% and 19.7% before declining to 12.9% in Q1'26, showing moderate stability amid operational pressures; Net Profit Margin followed a similar pattern, peaking at 15.3% in Q2'24 but trending lower to 9.8% in Q1'26, underscoring persistent challenges in net profitability over the 12-quarter span.