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CHDN · NASDAQ · Gambling, Resorts & Casinos

Churchill Downs (CHDN)

Runs the Kentucky Derby alongside racing, online wagering, and regional casino operations.

$79.49

After hours−0.01 (−0.01%)

At close$79.50(−2.95%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	573	561	591	891	629	624	643	934	683	666	663	980
Cost of revenue	409	400	406	503	443	445	453	542	479	469	460	0
Gross profit	164	161	185	388	186	180	190	392	204	197	203	980
	52	55	59	58	60	53	55	64	106	72	59	623
Research & development	0	0	0	0	0	13	0	0	0	0	0	0
Selling, general & administrative	50	52	55	57	60	0	55	61	59	72	59	61
Other expenses	2	3	4	1	0	40	0	4	47	0	0	562
Operating income	112	106	126	330	126	127	135	328	98	125	144	357
	−31	−34	−25	−36	−40	−36	−39	−36	−37	−42	−31	−29
Interest expense	68	71	70	74	73	73	72	74	76	76	72	70
Other non-operating income	−37	−36	−46	−38	−33	13	−34	−39	−39	−34	−41	−41
Income before tax	82	72	102	294	86	91	96	292	61	83	113	328
Income tax expense	21	14	21	84	20	19	19	74	22	32	30	86
Net income from continuing operations	61	58	80	210	66	72	77	218	39	52	83	242
Other adjustments	0	0	0	0	−1	0	0	0	0	0	0	0
Net income	61	58	80	209	64	72	77	217	38	50	81	241
EPS, basic	$0.81	$0.77	$1.09	$2.82	$0.87	$0.95	$1.02	$3.03	$0.54	$0.71	$1.16	$3.44
EPS, diluted	$0.79	$0.76	$1.08	$2.79	$0.86	$0.95	$1.02	$3.00	$0.53	$0.71	$1.16	$3.44
Weighted average shares, basic	75	75	74	74	74	74	74	72	70	71	70	70
Weighted average shares, diluted	77	76	75	75	75	75	74	72	71	72	70	70
EBITDA	193	191	221	418	210	154	229	426	195	220	243	457
Depreciation & amortization	43	49	48	51	51	40	61	59	58	61	58	59
EBIT	150	143	172	368	159	114	168	366	137	159	185	398