Chipotle reported Q1 FY2026 revenue of $3.09 bn, up 7.4% YoY and beating the $3.06 bn estimate.
Adjusted EPS matched consensus at $0.24, but operating margin fell to 12.9% from 16.7% due to wage and cost pressures.
The chain opened 49 new restaurants, including 42 Chipotlanes, and digital sales accounted for 38.6% of total revenue.
For FY2026, Chipotle forecasts comparable restaurant sales to be flat, plans 350‑370 new openings, and expects a 24‑26% effective tax rate.