Churchill Downs (CHDN) Deferred Taxes (2016 - 2026)
Churchill Downs' quarterly Deferred Taxes came in at -$19.0 million in Q1 2026, up 33.8% quarter-over-quarter from -$28.7 million in Q4 2025.
Churchill Downs has reported Deferred Taxes for 11 years, with the latest figure at -$19.0 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes changed N/A year-over-year to -$19.0 million; the trailing twelve-month figure through Mar 2026 stood at -$105.8 million (down 167.17% YoY), and the FY2025 full-year result was -$86.8 million, down 95.06% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$19.0 million, up from -$28.7 million in the prior quarter.
- The five-year high for Deferred Taxes was $800000.0 in Q2 2023, with the low at -$82.0 million in Q4 2022.
- Average Deferred Taxes over 5 years is -$19.2 million, with a median of -$11.5 million recorded in 2022.
- Year-over-year, Deferred Taxes surged 107.84% in 2023 and slumped 1950.0% in 2024.
- Tracing CHDN's Deferred Taxes over 5 years: stood at -$82.0 million in 2022, then jumped by 97.44% to -$2.1 million in 2023, then sank by 609.52% to -$14.9 million in 2024, then plunged by 92.62% to -$28.7 million in 2025, then soared by 33.8% to -$19.0 million in 2026.
- The last three Deferred Taxes figures came in at -$19.0 million (Q1 2026), -$28.7 million (Q4 2025), and -$54.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | -37.00 Mn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | -215,000.00 |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | -19.00 Mn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 3.33 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | -103,000.00 |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | - |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -200,000.00 |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.00 Mn |
| Dec 31, 2025 | -28.70 Mn |
| Sep 30, 2025 | -54.60 Mn |
| Jun 30, 2025 | -3.50 Mn |
| Dec 31, 2024 | -14.90 Mn |
| Sep 30, 2024 | -9.90 Mn |
| Jun 30, 2024 | -14.80 Mn |
| Mar 31, 2024 | -4.90 Mn |
| Dec 31, 2023 | -2.10 Mn |
| Sep 30, 2023 | -12.90 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | -33.20 Mn |
| Dec 31, 2022 | -82.00 Mn |
| Sep 30, 2022 | -6.30 Mn |
| Jun 30, 2022 | -10.20 Mn |
| Mar 31, 2022 | -10.20 Mn |
| Dec 31, 2021 | 22.60 Mn |
| Sep 30, 2021 | -5.40 Mn |
| Jun 30, 2021 | -1.70 Mn |
| Mar 31, 2021 | -5.70 Mn |
| Dec 31, 2020 | 52.10 Mn |
| Sep 30, 2020 | -46.80 Mn |
| Jun 30, 2020 | 22.90 Mn |
| Mar 31, 2020 | 1.90 Mn |
| Dec 31, 2019 | 53.60 Mn |
| Sep 30, 2019 | -125.20 Mn |
| Jun 30, 2019 | 109.60 Mn |
| Mar 31, 2019 | -6.40 Mn |
| Dec 31, 2018 | 37.40 Mn |
| Sep 30, 2018 | 6.90 Mn |
| Jun 30, 2018 | -4.80 Mn |
| Mar 31, 2018 | -2.10 Mn |
| Dec 31, 2017 | -13.00 Mn |
| Sep 30, 2017 | 13.00 Mn |
| Dec 31, 2016 | 35.90 Mn |