Operating
Chipotle Mexican Grill·Cash Flow Statement·27 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $562.6M | $446.5M | $526.8M | $557.1M | $561.3M | $569.7M | $425.8M | $651.4M |
| Net income | $455.7M | $387.4M | $331.8M | $386.6M | $436.1M | $382.1M | $330.9M | $302.8M |
| Change in income taxes payable/receivable | — | — | — | $113.4M | — | — | — | $140M |
| Depreciation and amortization | $83.6M | $84.3M | $83.9M | $87.2M | $90.9M | $90.5M | $92.7M | $96.7M |
| Operating lease assets | $71.1M | $75.3M | $74.4M | $72.5M | $78.4M | $84.7M | $97.1M | $79.8M |
| Change in operating lease liabilities | — | — | — | -$55.7M | — | — | — | -$63M |
| Change in accounts receivable | $7.8M | -$3.7M | $51.3M | -$43.2M | $3.3M | -$10M | $61.4M | -$59.8M |
| Change in accrued liabilities | — | $6.4M | $3.8M | -$183K | $2.3M | $8.2M | -$20.8M | $42M |
| Stock-based compensation | $45.2M | $4.7M | $45.8M | $37.6M | $37.5M | $18.8M | $25.6M | $28M |
| Change in deferred revenue | -$2.9M | -$485K | $68.9M | -$31M | — | — | $64.2M | -$27.7M |
| Change in accounts payable | — | $14.5M | — | $13.2M | -$848K | $16.9M | -$36.8M | $22.7M |
| Deferred income taxes | -$936K | -$3.8M | -$33.3M | -$7.3M | -$2.6M | $104.2M | — | $17.9M |
| Gain (Loss) On Sale Of Assets, Asset Impairments Non-Cash Components | -$5.7M | -$14.2M | -$443K | -$6M | -$5M | -$7.2M | -$8.3M | -$9.7M |
| Change in other assets | — | — | — | $9.7M | — | — | — | $9.4M |
| Change in inventories | -$2.4M | $14.3M | $0 | -$7.5M | -$958K | $6.1M | $3.1M | -$4.7M |
| Change in other liabilities | $873K | — | $3.1M | $1M | $1M | $666K | -$6.9M | $806K |
| Other non-cash income (expense) | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other working capital changes | — | — | — | -$914K | — | — | — | -$578K |
| Other Non-Cash Income (Expense) | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other Non-cash Income (Expense) | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other Non-cash Income (Expense) | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other non-cash income (expense) | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other Non-cash Income and Expense | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other Non-Cash Adjustments | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Other Non-Cash Income and Expense | -$3.7M | $2.1M | $5.9M | -$914K | -$6.7M | $51K | $22.2M | -$578K |
| Benefit from Receivables | $257K | -$134K | $504K | -$1.3M | — | -$379K | — | -$454K |
| Provision for credit losses | — | — | — | -$1.3M | — | — | — | -$454K |