墨式烧烤 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-32731__________________________________________________________________________ CHIPOTLE MEXICAN GRILL, INC.(Exact name of registrant as specified in its charter) __________________________________________________________________________ Delaware(State or other jurisdiction ofincorporation or organization) 610 Newport Center Drive, Suite 1100 Newport Beach, CA(Address of Principal Executive Offices) Registrant’s telephone number, including area code: (949) 524-4000__________________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act (check one): Large accelerated filerAccelerated filerNon-accelerated filerSmaller reportingcompanyEmerging growthcompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNoAs of April24, 2026, there were 1,282,734 shares of the registrant’s common stock, par value of $0.01 per share outstanding. TABLE OF CONTENTS CHIPOTLE MEXICAN GRILL, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except per share data) CHIPOTLE MEXICAN GRILL, INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(in thousands, except per share data)(unaudited) Three months endedMarch 31, CHIPOTLE MEXICAN GRILL, INC.CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY(in thousands)(unaudited) CHIPOTLE MEXICAN GRILL, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited) CHIPOTLE MEXICAN GRILL, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(dollar and share amounts in thousands, unless otherwise specified)(unaudited) 1. Basis of Presentation and Update to Accounting Policies In this quarterly report on Form 10-Q, Chipotle Mexican Grill, Inc., a Delaware corporation, together with its subsidiaries, iscollectively referred to as “Chipotle,” “we,” “us,” or “our.” We develop and operate restaurants that serve a relevant menu of burritos, burrito bowls, quesadillas, tacos, and salads, madeusing fresh, high-quality ingredients. As of March31, 2026, we own 4,090 restaurants including 3,983 Chipotle restaurants within theUnited States, and 107 international Chipotle restaurants. Additionally, we had 14 international partner-operated restaurants. Partner-operated restaurants represent Chipotle restaurants over which Chipotle does not have a controlling financial interest and for whichChipotle does not directly manage day-to-day operations. This includes restaurants operated by third parties pursuant to license orfranchise agreements and restaurants in which Chipotle holds a minority, non-controlling ownership interest. We manage our U.S.operations based on 12 regions and aggregate our operations to one reportable segment. Additional details on the nature of ourbusiness and our reportable operating segment are included inNote 14. "Segment Reporting". We have prepared the accompanying unaudited condensed consolidated financial statements in accordance with U.S. generallyaccepted accounting principles for interim financial statements and pursuant to the rules and regulations of the Securities andExchange Commission. In the opinion of management, the accompanying unaudited condensed consolidated financial statementsreflect all adjustments consisting of normal recurring adjustments necessary for a fair presentation of our financial position and resultsof operations. Interim results of operations are not necessarily indicative of the results tha