Churchill Downs Quarterly Income Statement
NASDAQ: CHDNConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Churchill Downs revenue and earnings
In the quarter ended Jun 30, 2026, Churchill Downs generated $980.0 million in revenue, up 4.9% from the same quarter a year earlier. Net income was $241.0 million (+11.1% year over year), for a net margin of 24.6% versus a median of 12.0% in the prior 5 quarters. Operating margin was 36.4%.
Diluted earnings per share came in at $3.42, up from $2.99.
Summary generated from market data by MetaCap's automated system. Methodology
Churchill Downs income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 980.00M | 663.00M | 665.90M | 683.00M | 934.00M | 643.00M | 624.20M | 628.50M | 890.70M | 590.90M | 561.20M | 572.50M |
| Revenue growth (YoY) | +4.93% | +3.11% | +6.68% | +8.67% | +4.86% | +8.82% | +11.23% | +9.78% | +15.90% | +5.61% | +16.89% | +49.44% |
| Operating Expenses | 623.00M | 520.00M | 542.40M | 585.00M | 607.00M | 508.00M | 497.40M | 502.60M | 560.70M | 464.60M | 455.00M | 460.20M |
| Selling, General & Admin | 61.00M | 59.00M | 71.50M | 59.30M | 61.00M | 55.00M | 65.70M | 59.80M | 57.40M | 54.80M | 51.70M | 50.20M |
| Operating Income | 357.00M | 143.00M | 123.50M | 98.00M | 327.00M | 135.00M | 126.80M | 125.90M | 330.00M | 126.30M | 106.20M | 112.30M |
| Interest Expense | 70.00M | 72.00M | 75.60M | 75.60M | 75.00M | 72.00M | 72.80M | 73.10M | 73.50M | 70.40M | 70.60M | 67.90M |
| Other Income (Expense) | -29.00M | -30.00M | -40.20M | -36.80M | -35.00M | -39.00M | -35.80M | -39.80M | -35.70M | -24.50M | -34.30M | -30.50M |
| Pretax Income | 328.00M | 113.00M | 83.30M | 61.20M | 292.00M | 96.00M | 91.00M | 86.10M | 294.30M | 101.80M | 71.90M | 81.80M |
| Income Tax | 86.00M | 30.00M | 31.80M | 22.00M | 74.00M | 19.00M | 18.70M | 19.90M | 84.10M | 21.40M | 14.30M | 20.80M |
| Net Income | 241.00M | 83.00M | 51.30M | 38.10M | 217.00M | 77.00M | 71.70M | 65.40M | 209.30M | 80.40M | 57.60M | 61.00M |
| Net Income growth (YoY) | +11.06% | +7.79% | -28.45% | -41.74% | +3.68% | -4.23% | +24.48% | +7.21% | +46.36% | -48.36% | +5660.00% | +7.02% |
| EPS (Basic) | 3.43 | 1.16 | 0.74 | 0.54 | 3.02 | 1.02 | 0.95 | 0.87 | 2.82 | 1.09 | 0.77 | 0.81 |
| EPS (Diluted) | 3.42 | 1.16 | 0.74 | 0.54 | 2.99 | 1.02 | 0.95 | 0.86 | 2.79 | 1.08 | 0.79 | 0.79 |
| Shares Outstanding (Basic) | 70.00M | 70.00M | — | 70.30M | 72.00M | 74.00M | — | 73.90M | 73.90M | 74.10M | — | 75.20M |
| Shares Outstanding (Diluted) | 70.00M | 70.00M | — | 71.00M | 72.00M | 74.00M | — | 74.60M | 74.60M | 74.70M | — | 77.10M |
| EBITDA | 416.00M | 199.00M | 183.10M | 154.50M | 385.00M | 194.00M | 180.20M | 175.50M | 379.20M | 173.20M | 153.40M | 154.40M |
| Operating Margin | 36.43% | 21.57% | 18.55% | 14.35% | 35.01% | 21.00% | 20.31% | 20.03% | 37.05% | 21.37% | 18.92% | 19.62% |
| Net Margin | 24.59% | 12.52% | 7.70% | 5.58% | 23.23% | 11.98% | 11.49% | 10.41% | 23.50% | 13.61% | 10.26% | 10.66% |
This table shows 12 quarterly periods of Churchill Downs's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, operating expenses, research & development. Values in USD; B = billions, M = millions. Fiscal periods follow CHDN's reporting calendar. What is a income statement?