Operating Expenses

Pre-opening costs

Chipotle Mexican Grill Pre-opening costs increased by 41.8% to $11.64M in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher costs indicate an aggressive store expansion strategy, while lower costs suggest a focus on existing unit performance or a pause in growth.

Detailed definition

Pre-opening costs represent expenses incurred in connection with the development, construction, and staffing of new rest...

Peer comparison

Standard in the restaurant and retail sectors for companies with physical store growth.

Metric ID: pre_opening_costs

Historical Data

2 periods
 Q1 '25Q1 '26
Value$8.21M$11.64M
QoQ Change+41.8%
YoY Change+41.8%
Range$8.21M$11.64M
Avg YoY Growth+41.8%
Median YoY Growth+41.8%

Pre-opening costs at Other Companies

Frequently Asked Questions

What is Chipotle Mexican Grill's pre-opening costs?
Chipotle Mexican Grill (CMG) reported pre-opening costs of $11.64M in Q1 2026.
What does pre-opening costs mean?
Costs associated with preparing a new restaurant location for its grand opening.