Churchill Downs Quarterly Cash Flow Statement
NASDAQ: CHDNConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Churchill Downs free cash flow
In the quarter ended Jun 30, 2026, Churchill Downs generated $217.0 million of operating cash flow and spent $19.0 million on capital expenditures. That left free cash flow of $198.0 million, a free-cash-flow margin of 20.2% of revenue. Free cash flow was down 10.4% from the prior year's $221.0 million.
Summary generated from market data by MetaCap's automated system. Methodology
Churchill Downs cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 242.00M | 83.00M | 51.50M | 39.20M | 218.00M | 77.00M | 72.30M | 66.20M | 210.20M | 80.40M | 57.60M | 61.00M |
| Net Income growth (YoY) | +11.01% | +7.79% | -28.77% | -40.79% | +3.71% | -4.23% | +25.52% | +8.52% | +46.99% | -48.36% | +5660.00% | +7.02% |
| Depreciation & Amortization | 59.00M | 56.00M | 59.60M | 56.50M | 58.00M | 59.00M | 53.40M | 49.60M | 49.20M | 46.90M | 47.20M | 42.10M |
| Stock-Based Compensation | 8.00M | 5.00M | 12.00M | 7.20M | 7.00M | 4.00M | 12.90M | 7.10M | 8.90M | 7.20M | 8.10M | 8.10M |
| Change in Working Capital | -134.00M | 103.00M | 23.80M | 10.40M | -131.00M | 94.00M | 26.00M | 7.60M | -125.80M | 80.10M | 45.00M | 4.70M |
| Operating Cash Flow | 217.00M | 295.00M | 96.00M | 187.70M | 240.00M | 247.00M | 130.60M | 169.40M | — | 254.70M | 106.50M | 96.20M |
| Capital Expenditures | -19.00M | -19.00M | -17.30M | -20.90M | -19.00M | -13.00M | -33.80M | -15.00M | -22.40M | -12.40M | -25.30M | -22.20M |
| Investing Cash Flow | -58.00M | -61.00M | -50.10M | -255.40M | -86.00M | -80.00M | -129.40M | -125.70M | -136.70M | -153.40M | -168.50M | -430.50M |
| Dividends Paid | 0 | -31.00M | -600.00K | -200.00K | 1.00M | -31.00M | -500.00K | 100.00K | -200.00K | -28.60M | -300.00K | -100.00K |
| Share Repurchases | 0 | 0 | -32.00M | -54.80M | -254.00M | -87.00M | -27.30M | -4.00M | -13.00M | -141.70M | -20.10M | -35.30M |
| Debt Issued | 401.00M | 245.00M | 150.40M | 305.70M | 422.00M | 220.00M | 215.10M | 133.00M | 261.90M | 355.50M | 350.30M | 197.50M |
| Financing Cash Flow | -155.00M | -232.00M | -25.90M | 50.40M | -139.00M | -148.00M | 20.10M | -43.20M | -72.40M | -101.10M | 90.60M | 86.40M |
| Net Change in Cash | 4.00M | 2.00M | 20.00M | -18.20M | 15.00M | 19.00M | 21.30M | 500.00K | 8.90M | 200.00K | 28.60M | -247.90M |
| Free Cash Flow | 198.00M | 276.00M | 78.70M | 166.80M | 221.00M | 234.00M | 96.80M | 154.40M | — | 242.30M | 81.20M | 74.00M |
This table shows 12 quarterly periods of Churchill Downs's cash flow statement, from Q2 2026 back to Q3 2023, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CHDN's reporting calendar. What is a cash flow statement?