Filing Flows › Chipotle Mexican Grill (CMG) › How it makes money
How Chipotle Mexican Grill (CMG) makes money
Chipotle Mexican Grill (CMG) made $3.3B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Food and beverage revenue brought in $3.3B (100%); Delivery service revenue brought in $15.2M (0%). Of every dollar of revenue, 14¢ was left as operating profit, 10¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Food and beverage revenue | $3.3B | 99.5% | -2% | +10% |
| Delivery service revenue | $15.2M | 0.5% | -3% | +7% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $3.3B | 100.0% |
| Operating profit | $452M | 13.7% |
| Income tax | $117M | 3.6% |
| Net earnings | $340M | 10.3% |
| Operating cash flow | $590M | 17.9% |
| Free cash flow | $347M | 10.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.3B | +10% |
| Q2 2026 | $3.3B | +9% |
| Q1 2026 | $3.1B | +7% |
| Q4 2025 | $3.0B | +5% |
| Q3 2025 | $3.0B | +8% |
| Q2 2025 | $3.1B | +3% |
| Q1 2025 | $2.9B | +6% |
From Chipotle Mexican Grill's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Chipotle Mexican Grill make money?
Chipotle Mexican Grill (CMG) made $3.3B of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Food and beverage revenue brought in $3.3B (100%); Delivery service revenue brought in $15.2M (0%). Of every dollar of revenue, 14¢ was left as operating profit, 10¢ was left as net earnings.
What is Chipotle Mexican Grill's biggest business?
Food and beverage revenue: $3.3B in the third quarter 2026, 100% of revenue, +10% from a year earlier.
What is Chipotle Mexican Grill's profit margin?
Net earnings were $340M, 10.3% of revenue, in the third quarter 2026; the operating margin was 13.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.