The financials
Churchill Downs Incorporated by the numbers
Churchill Downs Incorporated (CHDN) reported revenue of $980M in Q2 2026 (quarter ended June 30, 2026), up 4.9% from the same quarter a year earlier. That came with net income of $241M (25% of revenue). For the full year FY2025, revenue was $2.93B (+7.0% year on year) and net income $383M. Its largest product in 2026-Q2 was Gaming at $270M, 29% of the disclosed total, just ahead of Pari Mutuel Historical Racing at 28%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $980M | $934M | +4.9% |
| Operating income | $357M | $327M | +9.2% |
| Net income | $241M | $217M | +11% |
| Diluted EPS | $3.42 | $2.99 | +14% |
| Product | Revenue | Share |
|---|---|---|
| Gaming | $270M | 29% |
| Pari Mutuel Historical Racing | $265M | 28% |
| Racing Event Related Services | $192M | 20% |
| Wagering Services And Solutions | $167M | 18% |
| Pari Mutuel Live And Simulcast Racing | $53M | 5.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $947.0M (+49%)
Racing Event Related Services grew +11% year on yearPari Mutuel Live And Simulcast Racing -1.9% year on year
Segment Latestquarter on quarteryear on year
- Gaming$270.0M$270.0MQoQ +5.1%year on year +1.5%+5.1%+1.5%
- Pari Mutuel Historical Racing$265.0M$265.0MQoQ +3.1%year on year +5.2%+3.1%+5.2%
- Racing Event Related Services$192.0M$192.0MQoQ +19100%year on year +11%+19100%+11%
- Wagering Services And Solutions$167.0M$167.0MQoQ +53%year on year +5.7%+53%+5.7%
- Pari Mutuel Live And Simulcast Racing$53.0M$53.0MQoQ +382%year on year -1.9%+382%-1.9%
- Product And Service Other$0.00$0.00QoQ -year on year ---