Chipotle Q2 revenue rises 3.0% but EPS falls to $0.32 and comparable sales drop 4.0%
Chipotle reported second quarter 2025 results for the period ended June 30, 2025, with total revenue up 3.0% to $3.1 billion while comparable restaurant sales fell 4.0% and diluted EPS declined to $0.32 from $0.33. The company also disclosed that its Board authorized an additional $400 million in share repurchases, on top of previously announced programs, which matters to shareholders because it adds to capital returned while profit per share and margins declined.
Key points
- Total revenue rose 3.0% to $3.1 billion, driven by new restaurant openings; comparable restaurant sales decreased 4.0%, with transactions down 4.9%.
- Operating margin was 18.2%, down from 19.7%; restaurant level operating margin was 27.4%, down from 28.9%.
- Net income was $436.1 million, or $0.32 per diluted share, versus $455.7 million, or $0.33, a year earlier.
- The Board's $400 million repurchase authorization was approved June 10, 2025; $838.8 million remained available as of June 30, 2025, and the program may be modified, suspended or discontinued at any time.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.