Churchill Downs reported Q1 FY2026 revenue of $663 million, up 3.1% year-over-year. Net income rose 7.8% to $83 million, while operating income increased 5.9% to $143 million. The company had $200 million in cash and $4.865 billion in long-term debt as of March 31, 2026.
•Revenue increased 3.1% YoY to $663 million.
•Net income grew 7.8% to $83 million.
•Operating income rose 5.9% to $143 million.
•Long-term debt stood at $4.865 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. Its business is organized into three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming.
The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire
Provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and miscellaneous services, as well as food and beverages services.
The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and white-label platforms.
Its portfolio also includes facilitates dollar wagering, provides the Bloodstock Research Information Services platform for horse racing statistical data, offers streaming video of live horse races, replays, and an assortment of racing and handicapping information, and provides technology services to third parties.
This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs.
The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and miscellaneous operations. Founded in 1875, Churchill Downs is headquartered in Louisville, Kentucky.
Churchill Downs Incorporated (CHDN) operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties across the United States. Its business is organized into three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes Churchill Downs Racetrack and historical racing properties in Kentucky, Virginia, and New Hampshire, offering live and historical pari-mutuel racing, admissions, sponsorships, and food and beverage services. The Wagering Services and Solutions segment operates TwinSpires, an online horse racing wagering platform, along with BetAmerica and white-label platforms, and provides technology services, streaming video, and handicapping information. The Gaming segment runs casino properties and associated racetracks with slot machines.
Where is Churchill Downs Incorporated (CHDN) listed and in which currency?
Churchill Downs Incorporated (CHDN) is listed on the NasdaqGS exchange under the ticker symbol CHDN. The company's financials are reported in US Dollars (USD), as it is headquartered in the United States. Being listed on NasdaqGS, a major US stock exchange, provides liquidity and visibility to investors. The currency used for all trading and financial reporting is USD, which is standard for US-based companies. This listing allows investors to trade CHDN shares during regular market hours on Nasdaq.
What sector and industry does Churchill Downs Incorporated (CHDN) belong to?
Churchill Downs Incorporated (CHDN) operates in the Consumer Cyclical sector, specifically within the Gambling industry. As a consumer cyclical company, its performance is closely tied to the economic cycle, with demand for its services typically rising when consumer spending increases. The gambling industry includes businesses that offer wagering, casino gaming, and racing entertainment. CHDN's operations span live and historical horse racing, online wagering, and regional casinos, all of which fall under the broader gambling umbrella. This classification helps investors understand the market dynamics and regulatory environment affecting the company.
Where is Churchill Downs Incorporated (CHDN) headquartered and what markets does it serve?
Churchill Downs Incorporated (CHDN) is headquartered in the United States and primarily serves the US market. The company operates live and historical racing venues in Kentucky, Virginia, and New Hampshire, including the iconic Churchill Downs Racetrack in Kentucky. Its online wagering platform, TwinSpires, is available to customers across the US where online horse racing betting is legal. Additionally, CHDN runs regional casino properties in various states, offering slot machines and other gaming options. The company's focus on the US market allows it to leverage its strong brand recognition and regulatory expertise within the country's gambling industry.
How does Churchill Downs Incorporated (CHDN) make money?
Churchill Downs Incorporated (CHDN) generates revenue through three main segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment earns money from live and historical pari-mutuel racing events, admissions, personal seat licenses, sponsorships, television rights, and food and beverage sales at venues like Churchill Downs Racetrack. The Wagering Services and Solutions segment profits from online horse racing wagering via TwinSpires and BetAmerica, as well as technology services, streaming video, and handicapping data. It also manufactures and operates pari-mutuel wagering systems through United Tote and provides central determinant system technology for historical racing machines via Exacta. The Gaming segment operates casinos with slot machines, generating revenue from gaming activities.