Churchill Downs (CHDN) Gross Profit (2018 - 2026)
Churchill Downs (CHDN) recorded Gross Profit of $419 million in Q2 2026, up 6.9% from $392 million a year earlier and up 106.4% from the prior quarter.
Churchill Downs (CHDN) Gross Profit (2018 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' Gross Profit came in at $1.02 billion as of Jun 30, 2026, up 8.0% year-over-year; for FY2025, it came in at $982.6 million, up 4.7% from FY2024.
- Annual Gross Profit has increased for five straight years, with a five-year compound annual growth rate of 38.4% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $938.5 million in FY2024 (+17.9%), $795.7 million in FY2023 (+40.5%), $566.4 million in FY2022 (+27.0%) and $446.1 million in FY2021 (+130.5%).
- The Q2 2026 figure is the highest quarterly Gross Profit since Q4 2023.
- On a year-over-year basis, Gross Profit has increased for six consecutive quarters, with an average decline of 3.0% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 562.8% in Q4 2021, against a decline of 73.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $203 million (Q1 2026), $196.7 million (Q4 2025) and $204.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 419.00 Mn |
| Mar 31, 2026 | 203.00 Mn |
| Dec 31, 2025 | 196.70 Mn |
| Sep 30, 2025 | 204.30 Mn |
| Jun 30, 2025 | 392.00 Mn |
| Mar 31, 2025 | 190.00 Mn |
| Dec 31, 2024 | 179.70 Mn |
| Sep 30, 2024 | 185.60 Mn |
| Jun 30, 2024 | 388.00 Mn |
| Mar 31, 2024 | 185.20 Mn |
| Dec 31, 2023 | 689.30 Mn |
| Sep 30, 2023 | 164.00 Mn |
| Jun 30, 2023 | 298.70 Mn |
| Mar 31, 2023 | 172.00 Mn |
| Dec 31, 2022 | 131.30 Mn |
| Sep 30, 2022 | 102.60 Mn |
| Jun 30, 2022 | 110.50 Mn |
| Mar 31, 2022 | 93.20 Mn |
| Dec 31, 2021 | 346.00 Mn |
| Sep 30, 2021 | 105.70 Mn |
Churchill Downs Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();