Churchill Downs (CHDN) Cost of Revenue (2018 - 2026)

Churchill Downs' Cost of Revenue history runs 9 years deep, the most recent figure standing at $268.0 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 4.69% year-over-year to $268.0 million; the TTM figure through Jun 2026 stood at $882.6 million (up 6.34% YoY), while the FY2025 annual figure was $861.4 million, up 15.02% from the prior year.
• Cost of Revenue for Q2 2026 stood at $268.0 million, up from $199.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $268.0 million in Q2 2026, with the low at $125.2 million in Q1 2022.
• The 5-year median for Cost of Revenue is $189.6 million (2024), against an average of $187.5 million.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue soared 58.54% in 2023, then rose 2.88% in 2024.
• Churchill Downs' Cost of Revenue stood at $150.9 million in 2022, then climbed by 13.78% to $171.7 million in 2023, then climbed by 9.03% to $187.2 million in 2024, then climbed by 12.18% to $210.0 million in 2025, then climbed by 27.62% to $268.0 million in 2026.
• Business Quant data shows CHDN's Cost of Revenue at $268.0 million in Q2 2026, $199.0 million in Q1 2026, and $210.0 million in Q4 2025.