Churchill Downs Incorporated (CHDN) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Churchill Downs Incorporated (CHDN) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

CHDN Income Statement

Churchill Downs Incorporated (CHDN) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	696M	980M	663M	665.9M	683M	934.4M	642.6M	624.2M	628.5M	890.7M	590.9M	561.2M	572.5M	768.5M	559.5M	480.1M	383.1M	582.5M	364.1M	364.8M
Revenue Growth %	1.9%	4.88%	3.17%	6.68%	8.67%	4.91%	8.75%	11.23%	9.78%	15.9%	5.61%	16.89%	49.44%	31.93%	53.67%	31.61%	-2.52%	13.08%	12.27%	31.13%
Cost of Goods Sold	489M	471M	460M	469.2M	478.7M	542.3M	453.1M	444.5M	442.9M	502.7M	405.7M	400.2M	408.5M	469.8M	387.5M	348.8M	280.5M	343.2M	270.9M	281.4M
COGS % of Revenue	70.26%	48.06%	69.38%	70.46%	70.09%	58.04%	70.51%	71.21%	70.47%	56.44%	68.66%	71.31%	71.35%	61.13%	69.26%	72.65%	73.22%	58.92%	74.4%	77.14%
Gross Profit	207M	509M	203M	196.7M	204.3M	392.1M	189.5M	179.7M	185.6M	388M	185.2M	161M	164M	298.7M	172M	131.3M	102.6M	239.3M	93.2M	83.4M
Gross Margin %	29.74%	51.94%	30.62%	29.54%	29.91%	41.96%	29.49%	28.79%	29.53%	43.56%	31.34%	28.69%	28.65%	38.87%	30.74%	27.35%	26.78%	41.08%	25.6%	22.86%
Gross Profit Growth %	1.32%	29.81%	7.12%	9.46%	10.08%	1.06%	2.32%	11.61%	13.17%	29.9%	7.67%	22.62%	59.84%	24.82%	84.55%	57.43%	-2.93%	32.94%	21.04%	59.77%
Operating Expenses	64M	152M	59M	71.5M	106.3M	64.4M	54.9M	52.9M	59.8M	58M	58.9M	54.8M	51.7M	73.1M	52.3M	51.5M	38.4M	38.4M	35.9M	38.8M
OpEx % of Revenue	9.2%	15.51%	8.9%	10.74%	15.56%	6.89%	8.54%	8.47%	9.51%	6.51%	9.97%	9.76%	9.03%	9.51%	9.35%	10.73%	10.02%	6.59%	9.86%	10.64%
Selling, General & Admin	60M	92M	59M	71.5M	59.3M	60.9M	54.5M	0	59.8M	57.4M	54.8M	51.7M	50.2M	48.1M	52.3M	51.5M	38.4M	38.4M	35.9M	38.8M
SG&A % of Revenue	8.62%	9.39%	8.9%	10.74%	8.68%	6.52%	8.48%	-	9.51%	6.44%	9.27%	9.21%	8.77%	6.26%	9.35%	10.73%	10.02%	6.59%	9.86%	10.64%
Research & Development	0	0	0	0	0	0	0	13M	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	2.08%	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	0	0	1000K	1000K	400K	1000K	-100K	600K	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Operating Income	143M	357M	144M	125.2M	98M	327.7M	134.6M	126.8M	125.9M	330M	126.3M	106.2M	112.3M	225.6M	119.9M	79.8M	64.2M	200.9M	57.3M	44.6M
Operating Margin %	20.55%	36.43%	21.72%	18.8%	14.35%	35.07%	20.95%	20.31%	20.03%	37.05%	21.37%	18.92%	19.62%	29.36%	21.43%	16.62%	16.76%	34.49%	15.74%	12.23%
Operating Income Growth %	45.92%	8.94%	6.98%	-1.26%	-22.16%	-0.7%	6.57%	19.4%	12.11%	46.28%	5.34%	33.08%	74.92%	12.29%	109.25%	78.92%	-7.76%	37.04%	22.7%	96.48%
EBITDA	204M	417M	202M	186.4M	156.3M	387.6M	193.8M	181.7M	176.9M	380.5M	174.6M	154.8M	155.7M	268.7M	160M	124M	91.7M	227M	83.7M	70.9M
EBITDA Margin %	29.31%	42.55%	30.47%	27.99%	22.88%	41.48%	30.16%	29.11%	28.15%	42.72%	29.55%	27.58%	27.2%	34.96%	28.6%	25.83%	23.94%	38.97%	22.99%	19.44%
EBITDA Growth %	30.52%	7.59%	4.23%	2.59%	-11.64%	1.87%	11%	17.38%	13.62%	41.61%	9.13%	24.84%	69.79%	18.37%	91.16%	74.89%	-5.56%	29.64%	14.81%	78.59%
D&A (Non-Cash Add-back)	61M	60M	58M	61.2M	58.3M	59.9M	59.2M	54.9M	51M	50.5M	48.3M	48.6M	43.4M	43.1M	40.1M	44.2M	27.5M	26.1M	26.4M	26.3M
EBIT	180M	398M	185M	158.9M	136.8M	366.2M	168.2M	114M	159.2M	367.8M	172.2M	142.5M	149.7M	264.4M	273.6M	51.6M	109.6M	515M	79.9M	75.3M
Net Interest Income	-69M	-70M	-72M	-75.6M	-75.6M	-74.2M	-72.3M	-72.8M	-73.1M	-73.5M	-70.4M	-70.6M	-67.9M	-65.2M	-64.7M	-54.7M	-36.2M	-35.1M	-21.3M	-21.6M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	69M	70M	72M	75.6M	75.6M	74.2M	72.3M	72.8M	73.1M	73.5M	70.4M	70.6M	67.9M	65.2M	64.7M	54.7M	36.2M	35.1M	21.3M	21.6M
Other Income/Expense	-32M	-29M	-31M	-41.9M	-36.8M	-35.7M	-38.7M	-35.8M	-39.8M	-35.7M	-24.5M	-34.3M	-30.5M	-26.4M	89M	-82.9M	9.2M	279M	1.3M	9.1M
Pretax Income	111M	328M	113M	83.3M	61.2M	292M	95.9M	91M	86.1M	294.3M	101.8M	71.9M	81.8M	199.2M	208.9M	-3.1M	73.4M	479.9M	58.6M	53.7M
Pretax Margin %	15.95%	33.47%	17.04%	12.51%	8.96%	31.25%	14.92%	14.58%	13.7%	33.04%	17.23%	12.81%	14.29%	25.92%	37.34%	-0.65%	19.16%	82.39%	16.09%	14.72%
Income Tax	31M	86M	30M	31.8M	22M	74.4M	18.7M	18.7M	19.9M	84.1M	21.4M	14.3M	20.8M	56.2M	53.2M	-4.1M	16.4M	140.6M	16.5M	10.4M
Effective Tax Rate %	27.93%	26.22%	26.55%	38.18%	35.95%	25.48%	19.5%	20.55%	23.11%	28.58%	21.02%	19.89%	25.43%	28.21%	25.47%	132.26%	22.34%	29.3%	28.16%	19.37%
Net Income	80M	241M	81M	49.8M	37.9M	216.9M	76.7M	71.7M	64.4M	209.3M	80.4M	57.6M	61M	143M	155.7M	1M	57M	339.3M	42.1M	43.3M
Net Margin %	11.49%	24.59%	12.22%	7.48%	5.55%	23.21%	11.94%	11.49%	10.25%	23.5%	13.61%	10.26%	10.66%	18.61%	27.83%	0.21%	14.88%	58.25%	11.56%	11.87%
Net Income Growth %	111.08%	11.11%	5.61%	-30.54%	-41.15%	3.63%	-4.6%	24.48%	5.57%	46.36%	-48.36%	5660%	7.02%	-57.85%	269.83%	-97.69%	-7.17%	213.3%	16.62%	153.22%
Net Income (Continuing)	80M	242M	83M	51.5M	39.2M	217.6M	77.2M	72.3M	66.2M	210.2M	80.4M	57.6M	61M	143M	155.7M	1000K	57M	339.3M	42.1M	43.3M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	24M	50M	48M	46.1M	44.2M	22.5M	21.4M	19.7M	17.9M	16.1M	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.15	3.42	1.16	0.71	0.53	3.00	1.02	0.95	0.86	2.79	1.08	0.76	0.79	1.86	2.04	0.01	0.74	4.40	0.54	0.56
EPS Growth %	116.98%	14%	13.73%	-25.26%	-38.37%	7.53%	-5.56%	25%	8.86%	50%	-47.06%	5701.53%	6.76%	-57.73%	277.78%	-97.66%	-6.33%	218.84%	17.39%	154.55%
EPS (Basic)	1.15	3.43	1.16	0.71	0.54	3.03	1.02	0.95	0.87	2.82	1.09	0.77	0.81	1.90	2.07	0.01	0.75	4.45	0.55	0.56
Diluted Shares Outstanding	70M	70M	70M	71.8M	71M	72.3M	74.4M	74.6M	74.6M	74.6M	74.7M	75.8M	77.1M	76.9M	76.2M	76.2M	76.8M	77.2M	77.6M	78M
Basic Shares Outstanding	70M	70M	70M	71.4M	70.3M	71.7M	73.7M	73.9M	73.9M	73.9M	74.1M	75.1M	75.2M	75.3M	75.2M	75.2M	75.6M	76.2M	76.6M	76.6M
Dividend Payout Ratio	-	-	38.27%	1.2%	0.53%	0.46%	40.42%	0.7%	0.16%	0.1%	35.57%	0.52%	0.16%	-	17.15%	30%	-	-	61.05%	-