Churchill Downs
Market data
Churchill Downs · NASDAQ: CHDN. Share price end-of-day, delayed; not investment advice.
Last close (2026-10-16)USD 81.70
1 week+2.2%
YTD−28.2%
1 year−5.8%
Market capUSD 5.69bn
| Quarter ended | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | USD 934.0m | USD 683.0m | USD 665.9m | USD 663.0m | USD 980.0m |
| EBITDA | USD 426.0m | USD 195.1m | USD 220.1m | USD 243.0m | USD 458.0m |
| Operating income | USD 327.0m | USD 98.0m | USD 123.5m | USD 143.0m | USD 357.0m |
| Net income | USD 217.0m | USD 38.1m | USD 51.3m | USD 83.0m | USD 241.0m |
| Diluted EPS | — | — | — | — | — |
| Cash & equivalents | USD 182.4m | USD 180.5m | USD 201.0m | USD 200.0m | USD 196.0m |
Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.
Results takeaways · Q2 2026
- Churchill Downs net revenue rose 5% to $980 million; net income attributable to the company increased 11% to $241 million.
- Adjusted EBITDA rose 6% to $477 million, while diluted earnings per share increased to $3.42 from $2.99.
- Live and Historical Racing revenue increased by $34 million to $575 million, including a $21 million increase from Churchill Downs Racetrack.
- Racetrack growth reflected increased Derby Week broadcast, ticketing, sponsorship, licensing and wagering revenue.
- Kentucky historical racing machine venues contributed $12 million to revenue growth; net bank leverage ended the quarter at 3.7 times.
Summarised by The Weekly Edge desk from the company’s earnings release (filed 2026-07-29).
Next results expected: 28 October 2026 (provisional).
Sources: SEC EDGAR filings · Yahoo Finance (from company reports) · prices: Yahoo Finance end-of-day. All gaming stocks
Prices and some financials: Yahoo Finance; US filings: SEC EDGAR; FX: ECB