Chipotle’s Financial Performance and Customer Engagement
Chipotle Mexican Grill (NYSE: CMG) reported $3 billion in revenue for Q3 2025, ending the quarter with 3,916 company-owned stores. The restaurant chain has a robust operating margin of over 20% and an average net income margin of 15.3% over the past five years. Despite projections of a same-store sales decline in 2025 due to consumer weakness, Chipotle has built a strong customer base, reaching 40 million rewards members by mid-2024 since launching the loyalty program in 2019.
Management continues to innovate with menu offerings and has been expanding its footprint with drive-thru locations, enhancing high-margin digital sales. Chipotle maintains a healthy balance sheet, carrying approximately $5 billion in operating lease liabilities with no debt, positioning the company favorably for future growth.
