Churchill Downs Inc (CHDN) Form 10-Q — Jul 29, 2026
Churchill Downs Incorporated reported strong financial results for the second quarter of 2026, with net revenue increasing 4.9% year-over-year to $980 million and net income attributable to the company rising 11.1% to $241 million. Adjusted EBITDA grew to $477 million, driven primarily by a record-breaking Derby Week at Churchill Downs Racetrack which boosted the Live and Historical Racing segment. The Gaming segment faced headwinds from the cessation of Historical Racing Machine operations in Louisiana in May 2025, partially offsetting gains in New York and Indiana properties.
Key figures
- Eps
- 3.42
- Revenue
- 980
- Net Income
- 241
- Cash Position
- 196
- Shares Outstanding
- 69700243
- Adjusted EBITDA 6 M 2026
- 734
- Adjusted EBITDA Q2 2026
- 477
- Revolver balance Q2 2026
- 329
- Revolver paydown 6 M 2026
- 328
- Capital expenditure guidance 2026
- 180 to 220 million
- Share repurchase authority remaining
- 430
Price after filing
Close on the filing date to close N calendar days later (from $88.17). Historical, not a forecast.
AI analysis
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