Churchill Downs (CHDN) Operating Income (2010 - 2026)
Churchill Downs (CHDN) posted Operating Income of $357 million for Q2 2026, up 9.2% from $327 million a year earlier and up 149.7% from the prior quarter.
Churchill Downs (CHDN) Operating Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Churchill Downs was $721.5 million, up 1.0% year-over-year; for FY2025, it came in at $683.8 million, down 3.6% from FY2024.
- Annual Operating Income shows a five-year compound annual growth rate of 62.6% (FY2020 to FY2025).
- In prior years, Churchill Downs' Operating Income was $709 million in FY2024 (+25.7%), $564 million in FY2023 (+75.3%), $321.8 million in FY2022 (+13.2%) and $284.4 million in FY2021 (+372.4%).
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q2 2010.
- On a year-over-year basis, Operating Income increased in five of the last eight quarters, with growth averaging 3.5%.
- The strongest year-over-year quarter for Operating Income in the past five years was Q4 2023, with growth of 807.7%; the weakest was Q4 2022, with a decline of 66.3%.
- According to Business Quant data, Operating Income for the three prior quarters was $143 million (Q1 2026), $123.5 million (Q4 2025) and $98 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 618.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -144.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 32.15 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 503.64 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 513.00 Mn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 357.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 357.00 Mn |
| Mar 31, 2026 | 143.00 Mn |
| Dec 31, 2025 | 123.50 Mn |
| Sep 30, 2025 | 98.00 Mn |
| Jun 30, 2025 | 327.00 Mn |
| Mar 31, 2025 | 135.00 Mn |
| Dec 31, 2024 | 126.80 Mn |
| Sep 30, 2024 | 125.90 Mn |
| Jun 30, 2024 | 330.00 Mn |
| Mar 31, 2024 | 126.30 Mn |
| Dec 31, 2023 | 106.20 Mn |
| Sep 30, 2023 | 112.30 Mn |
| Jun 30, 2023 | 225.60 Mn |
| Mar 31, 2023 | 119.90 Mn |
| Dec 31, 2022 | 11.70 Mn |
| Sep 30, 2022 | 63.00 Mn |
| Jun 30, 2022 | 199.70 Mn |
| Mar 31, 2022 | 47.40 Mn |
| Dec 31, 2021 | 34.70 Mn |
| Sep 30, 2021 | 67.60 Mn |
Churchill Downs Operating Income 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=operating-income&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();