# CHIPOTLE MEXICAN GRILL, INC. (CMG) FY2025 Annual P&L / Income Statement

- Company: CHIPOTLE MEXICAN GRILL, INC. (CMG)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-04, accession number 0001058090-26-000009
- Page: https://plicit.ai/financials/cmg/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/cmg-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 11,925,601,000 US dollars
- **Cost of revenue (calculated)**: 6,518,672,000 US dollars
- **Gross profit (calculated)**: 5,406,929,000 US dollars
- **Operating expenses (calculated)**: 3,471,131,000 US dollars
- **Income from operations**: 1,935,798,000 US dollars
- **Other income (expense), net (calculated)**: 73,721,000 US dollars
- **Income before income taxes**: 2,009,519,000 US dollars
- **Provision for income taxes**: 473,758,000 US dollars
- **Net income**: 1,535,761,000 US dollars
- **Food and beverage revenue**: 11,866,051,000 US dollars
- **Delivery service revenue**: 59,550,000 US dollars
- **Food, beverage and packaging**: 3,526,992,000 US dollars
- **Labor**: 2,991,680,000 US dollars
- **Occupancy**: 624,898,000 US dollars
- **Other operating costs**: 1,755,824,000 US dollars
- **General and administrative expenses**: 652,017,000 US dollars
- **Depreciation and amortization**: 361,382,000 US dollars
- **Pre-opening costs**: 49,507,000 US dollars
- **Impairment, closure costs, and asset disposals**: 27,503,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.