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
DateValue
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