Churchill Downs (CHDN) Tax Provisions (2010 - 2026)
Churchill Downs (CHDN) recorded quarterly Tax Provisions of $30.0 million in Q1 2026, down 5.66% quarter-over-quarter from $31.8 million in Q4 2025, and up 57.89% on a YoY basis from $19.0 million in Q1 2025.
Churchill Downs (CHDN) Tax Provisions (2010 - 2026) Analysis & Trends
Churchill Downs' Tax Provisions history runs 17 years deep, the most recent figure standing at $30.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 57.89% year-over-year to $30.0 million; the TTM figure through Mar 2026 stood at $158.2 million (up 11.64% YoY), while the FY2025 annual figure was $146.9 million, up 1.94% from the prior year.
- Tax Provisions was $30.0 million for Q1 2026 at Churchill Downs, down from $31.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $140.6 million in Q2 2022 to a low of -$4.1 million in Q4 2022.
- Historically, Tax Provisions has averaged $37.4 million across 5 years, with a median of $21.4 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions plunged 139.42% in 2022, then surged 448.78% in 2023.
- A 5-year view of Tax Provisions shows it stood at -$4.1 million in 2022, then soared by 448.78% to $14.3 million in 2023, then jumped by 30.77% to $18.7 million in 2024, then soared by 70.05% to $31.8 million in 2025, then fell by 5.66% to $30.0 million in 2026.
- The last three Tax Provisions figures came in at $30.0 million (Q1 2026), $31.8 million (Q4 2025), and $22.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 25.00 Mn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 6.37 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 30.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 19.57 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 29.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 5.40 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | 882,344.98 |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | -700,000.00 |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.00 Mn |
| Dec 31, 2025 | 31.80 Mn |
| Sep 30, 2025 | 22.00 Mn |
| Jun 30, 2025 | 74.40 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 18.70 Mn |
| Sep 30, 2024 | 19.90 Mn |
| Jun 30, 2024 | 84.10 Mn |
| Mar 31, 2024 | 21.40 Mn |
| Dec 31, 2023 | 14.30 Mn |
| Sep 30, 2023 | 20.80 Mn |
| Jun 30, 2023 | 56.20 Mn |
| Mar 31, 2023 | 53.20 Mn |
| Dec 31, 2022 | -4.10 Mn |
| Sep 30, 2022 | 16.40 Mn |
| Jun 30, 2022 | 140.60 Mn |
| Mar 31, 2022 | 16.50 Mn |
| Dec 31, 2021 | 10.40 Mn |
| Sep 30, 2021 | 26.30 Mn |
| Jun 30, 2021 | 41.60 Mn |