Churchill Downs Inc (CHDN) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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Churchill Downs Inc (CHDN) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETLive and Historical Racing revenueGaming revenueWagering Services and Solutions revenueNet revenueGross profit (calculated)Cost of revenue (calculated)Live and Historical Racing cost of revenueGaming cost of revenueWagering Services and Solutions cost of revenueAll Other cost of revenueOperating incomeOperating expenses (calculated)Selling, general and administrative expenseTransaction expense, netIncome from operations before provision for income taxesTotal other (expense) incomeNet incomeIncome tax provisionIncome from operations before provision for income taxesIncome from operationsbefore provisionfor income taxes$328.00 MGross profit (calculated)Gross profit(calculated)$419.00 MNet revenueNet revenue$980.00 MOperating incomeOperating income$357.00 MNet incomeNet income$242.00 MLive and Historical Racing revenueLive and Historical Racing$543.00 MOperating expenses (calculated)Operating expenses(calculated)$62.00 MCost of revenue (calculated)Cost of revenue(calculated)$561.00 MIncome tax provisionIncome taxes$86.00 MSelling, general and administrative expenseSelling, general andadministrative expense$61.00 MTotal other (expense) incomeTotal other(expense) income−$29.00 MGaming revenueGaming$270.00 MTransaction expense, netTransaction expense, net$1.00 MLive and Historical Racing cost of revenueLive andHistorical Racing$268.00 MWagering Services and Solutions revenueWagering Services and Solutions$167.00 MGaming cost of revenueGaming$192.00 MWagering Services and Solutions cost of revenueWagering Servicesand Solutions$96.00 MAll Other cost of revenueAll Other$5.00 M
Chart details

Churchill Downs Inc (CHDN) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Net revenue
980,000,000 US dollars
Cost of revenue (calculated)
561,000,000 US dollars
Gross profit (calculated)
419,000,000 US dollars
Operating expenses (calculated)
62,000,000 US dollars
Operating income
357,000,000 US dollars
Total other (expense) income
negative 29,000,000 US dollars
Income from operations before provision for income taxes
328,000,000 US dollars
Income tax provision
86,000,000 US dollars
Net income
242,000,000 US dollars
Live and Historical Racing revenue
543,000,000 US dollars
Wagering Services and Solutions revenue
167,000,000 US dollars
Gaming revenue
270,000,000 US dollars
All Other revenue
0 US dollars
Live and Historical Racing cost of revenue
268,000,000 US dollars
Wagering Services and Solutions cost of revenue
96,000,000 US dollars
Gaming cost of revenue
192,000,000 US dollars
All Other cost of revenue
5,000,000 US dollars
Asset impairments, net
0 US dollars
Transaction expense, net
1,000,000 US dollars
Selling, general and administrative expense
61,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to Churchill Downs Inc: $241.00 M; to noncontrolling interests: $1.00 M.
Churchill Downs Inc (CHDN) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

42.8%

Gross profit / revenue

Operating margin

36.4%

Operating profit / revenue

Cash conversion

89.7%

Operating cash / net income, same period

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