Churchill Downs (CHDN) Deferred Taxes (2012 - 2026)
Churchill Downs (CHDN) posted quarterly Deferred Taxes of -$23.0 million for Q2 2026, down 475.0% year-over-year from $6.1 million in Q2 2025, and down 21.05% quarter-over-quarter from -$19.0 million in Q1 2026.
Churchill Downs (CHDN) Deferred Taxes (2012 - 2026) Analysis & Trends
Churchill Downs' Deferred Taxes history runs 14 years deep, the most recent figure standing at -$23.0 million for Q2 2026.
- In Q2 2026, Deferred Taxes fell 475.0% year-over-year to -$23.0 million; the TTM figure through Jun 2026 stood at -$124.8 million (down 333.33% YoY), while the FY2025 annual figure was -$86.8 million, down 95.06% from the prior year.
- Deferred Taxes for Q2 2026 stood at -$23.0 million, down from -$19.0 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.
- The 5-year median for Deferred Taxes is -$12.9 million (2023), against an average of -$19.4 million.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes surged 107.84% in 2023, then sank 1950.0% in 2024.
- Churchill Downs' Deferred Taxes stood at -$82.0 million in 2022, then surged 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 gained by 19.86% to -$23.0 million in 2026.
- Business Quant data shows CHDN's Deferred Taxes at -$23.0 million in Q2 2026, -$19.0 million in Q1 2026, and -$28.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn | -53.00 Mn |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | - |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | -23.00 Mn |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 5.90 Mn |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | -6.00 Mn |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 350,000.00 |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | - |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | -834,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -23.00 Mn |
| Mar 31, 2026 | -19.00 Mn |
| Dec 31, 2025 | -28.70 Mn |
| Sep 30, 2025 | -54.10 Mn |
| Jun 30, 2025 | -4.00 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 |