CHIPOTLE MEXICAN GRILL, INC. (CMG) FY2025 Q1 P&L / Income Statement

CHIPOTLE MEXICAN GRILL, INC. (CMG) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue

2,875,253,000 US dollars

Cost of revenue (calculated)

1,556,629,000 US dollars

Gross profit (calculated)

1,318,624,000 US dollars

Operating expenses (calculated)

839,374,000 US dollars

Income from operations

479,250,000 US dollars

Other income (expense), net (calculated)

22,253,000 US dollars

Income before income taxes

501,503,000 US dollars

Provision for income taxes

114,904,000 US dollars

Net income

386,599,000 US dollars

Food and beverage revenue

2,859,831,000 US dollars

Delivery service revenue

15,422,000 US dollars

Food, beverage and packaging

838,403,000 US dollars

Labor

718,226,000 US dollars

Occupancy

149,841,000 US dollars

Other operating costs

415,161,000 US dollars

General and administrative expenses

172,783,000 US dollars

Depreciation and amortization

87,211,000 US dollars

Pre-opening costs

8,210,000 US dollars

Impairment, closure costs, and asset disposals

6,168,000 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.