Churchill Downs (CHDN) Accumulated Expenses (2010 - 2026)
Churchill Downs (CHDN) recorded quarterly Accumulated Expenses of $397.0 million in Q1 2026, down 0.75% quarter-over-quarter from $400.0 million in Q4 2025, and down 6.28% on a YoY basis from $423.6 million in Q1 2025.
Churchill Downs (CHDN) Accumulated Expenses (2010 - 2026) Analysis & Trends
Churchill Downs' Accumulated Expenses history runs 17 years deep, the most recent figure standing at $397.0 million for Q1 2026.
- In Q1 2026, Accumulated Expenses fell 6.28% year-over-year to $397.0 million; the TTM figure through Mar 2026 stood at $397.0 million (down 6.28% YoY), while the FY2025 annual figure was $400.0 million, changed 0.5% from the prior year.
- Accumulated Expenses was $397.0 million for Q1 2026 at Churchill Downs, down from $400.0 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $430.1 million in Q3 2024 to a low of $224.3 million in Q1 2022.
- Historically, Accumulated Expenses has averaged $376.7 million across 5 years, with a median of $400.0 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses jumped 56.71% in 2022, then retreated 6.42% in 2025.
- A 5-year view of Accumulated Expenses shows it stood at $363.1 million in 2022, then rose by 17.54% to $426.8 million in 2023, then slipped by 5.81% to $402.0 million in 2024, then decreased by 0.5% to $400.0 million in 2025, then fell by 0.75% to $397.0 million in 2026.
- The last three Accumulated Expenses figures came in at $397.0 million (Q1 2026), $400.0 million (Q4 2025), and $411.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 397.00 Mn |
| Dec 31, 2025 | 400.00 Mn |
| Sep 30, 2025 | 411.60 Mn |
| Jun 30, 2025 | 392.20 Mn |
| Mar 31, 2025 | 423.60 Mn |
| Dec 31, 2024 | 402.00 Mn |
| Sep 30, 2024 | 430.10 Mn |
| Jun 30, 2024 | 419.10 Mn |
| Mar 31, 2024 | 423.30 Mn |
| Dec 31, 2023 | 426.80 Mn |
| Sep 30, 2023 | 401.40 Mn |
| Jun 30, 2023 | 359.10 Mn |
| Mar 31, 2023 | 348.20 Mn |
| Dec 31, 2022 | 363.10 Mn |
| Sep 30, 2022 | 300.20 Mn |
| Jun 30, 2022 | 282.60 Mn |
| Mar 31, 2022 | 224.30 Mn |
| Dec 31, 2021 | 231.70 Mn |
| Sep 30, 2021 | 227.40 Mn |
| Jun 30, 2021 | 214.90 Mn |