Chipotle Mexican Grill Q3 2025 Earnings Release

Chipotle Mexican Grill, Inc. announced its financial results for the third quarter ended September 30, 2025. The company reported a 7.5% increase in total revenue to $3.0 billion, driven by new restaurant openings and a 0.3% increase in comparable restaurant sales. However, operating margin decreased to 15.9% from 16.9% in the previous year, and restaurant level operating margin also declined to 24.5% from 25.5%. Diluted earnings per share increased by 3.6% to $0.29, while adjusted diluted earnings per share rose by 7.4% to $0.29. The company opened 84 company-owned restaurants during the quarter, with 64 locations including a Chipotlane, and two international partner-operated restaurants. CEO Scott Boatwright emphasized the company's focus on restaurant execution, marketing, menu innovation, and digital experiences to drive future growth.