CMGChipotle Mexican Grill

Consumer discretionary · Restaurants · NYSE

Employees: 130,301
Headquarters: Newport Beach, CA
CEO: Scott Boatwright
Next results: around Feb 2, 2027

Key numbers

Latest fiscal year, with ten years behind each

RevenueFY2016–25 $11.9B+5.4% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $1.5B+0.1% Highest in 10 years 10-K FY2025 · XBRL Free cash flowFY2016–25 $1.4B−4.2% FY2024: $1.5B 10-K FY2025 · XBRL Operating marginFY2016–25 16.2%−0.7 pts 0.9% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 4, 2026 against Feb 5, 2025

Area	What changed	Source
Risk factors	13 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 4, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-05. Quoted as filed.

We continue to invest in and utilize emerging technologies that have potential to make business tasks easier, more efficient and less labor intensive, including artificial intelligence and machine learning. These new technologies may not deliver the expected efficiencies and could expose us to new risks, including risks related to…
10-K, Item 1A

All 13 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +8.7% vs revenue +5.4% (+3.3 pts)
✓
Cash from operations $2.1B vs net income $1.5B (FY ending 2025-12-31)
✓
Inventory +1.2% vs revenue +5.4% (-4.3 pts)
✓
Same auditor in both 10-Ks: Ernst & Young LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Evaluation of stock-based compensation performance condition assumptions
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Oct 29, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Oct 28, 20268-K Quarterly results 8-K item 2.02

About Chipotle Mexican Grill

10-K, Feb 4, 2026

Chipotle Mexican Grill, Inc., a Delaware corporation, together with its subsidiaries (“Chipotle,” “we,” “us,” or “our”) owns and operates Chipotle Mexican Grill restaurants, which feature a relevant menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. We strive to cultivate a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients and without artificial colors, flavors or preservatives. We are passionate about providing a great guest experience and making our food more accessible to everyone while continuing to be a brand with a demonstrated purpose.

Headquarters: Newport Beach, CA
Country: United States
Reports in: USD
Listed on: NYSE
Fiscal year ends: December 31
Last results: Oct 28, 2026

Employees, at the top of the page: "As of December 31, 2025, Chipotle employed 130,301 people worldwide and 1,233 contract workers" (10-K). Address and exchange: SEC's company file.

Permanent link, kept if the ticker changes: /c/sec:0001058090 (SEC's CIK).

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