Chipotle Mexican Grill Stock-Based Comp increased by 35.9% to $25.58M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 44.2%, from $45.83M to $25.58M. Over 4 years (FY 2021 to FY 2025), Stock-Based Comp shows a downward trend with a -9.3% CAGR.
An increase may signal a strategy to preserve cash or align employee interests with shareholders, but it also results in share dilution.
Stock-based compensation is a non-cash expense where employees and executives are rewarded with equity or stock options...
High-growth technology firms often have higher stock-based compensation as a percentage of revenue compared to mature industrial firms.
stock_based_compensation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $47.29M | $36.06M | $37.65M | $23.59M | $28.63M | $25.15M | $20.66M | $20.08M | $30.67M | $35.80M | $37.46M | $36.00M | $45.24M | $4.66M | $45.83M | $37.60M | $37.55M | $18.82M | $25.58M |
| QoQ Change | — | -23.7% | +4.4% | -37.3% | +21.4% | -12.2% | -17.9% | -2.8% | +52.7% | +16.7% | +4.6% | -3.9% | +25.7% | -89.7% | +883.4% | -18.0% | -0.1% | -49.9% | +35.9% |
| YoY Change | — | — | — | — | -39.5% | -30.3% | -45.1% | -14.9% | +7.1% | +42.3% | +81.3% | +79.3% | +47.5% | -87.0% | +22.3% | +4.4% | -17.0% | +303.8% | -44.2% |