Products & Services · Unearned revenue

Deferred licensing revenue — Unearned revenue

Chipotle Mexican Grill Deferred licensing revenue — Unearned revenue decreased by 1.1% to $1.98M in Q4 2025 compared to the prior quarter.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2024
Last reportedQ4 2025
Rolls up toDeferred Revenue

How to read this metric

An increase indicates growing international expansion or new licensing agreements, while a decrease suggests the recognition of previously deferred revenue as the company fulfills its contractual obligations.

Detailed definition

This metric represents the portion of revenue received from licensing or franchise agreements that has been collected in...

Peer comparison

Similar to deferred franchise fees or contract liabilities found in other restaurant chains or franchised business models that recognize revenue over the life of a multi-year agreement.

Metric ID: cmg_segment_deferred_licensing_revenue_unearned_revenue

Historical Data

3 periods
 Q4 '24Q3 '25Q4 '25
Value$0.00$2.00M$1.98M
QoQ Change-1.1%
Range$0.00$2.00M

Frequently Asked Questions

What is Chipotle Mexican Grill's deferred licensing revenue — unearned revenue?
Chipotle Mexican Grill (CMG) reported deferred licensing revenue — unearned revenue of $1.98M in Q4 2025.
What does deferred licensing revenue — unearned revenue mean?
This is the amount of money received from licensing partners for future services that have not yet been provided.