Churchill Downs 3Q 2026: Revenue $696M, Net income $80M, EPS $1.15— 10-Q Summary
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Churchill Downs reported third-quarter 2026 revenue of $696 million, up 1.9% from $683 million a year earlier. Net income attributable to the company rose to $80 million from $38 million, while diluted EPS increased to $1.15 from $0.54. Prior-year net income included a $35 million after-tax impairment charge.
Financial Highlights
- Revenue was $696M, compared with $683M in the prior-year quarter; YoY change 1.9%.
- Net income attributable to Churchill Downs was $80M, compared with $38M; YoY change 110.5%.
- Diluted EPS was $1.15, compared with $0.54.
Business Highlights
- Nine-month revenue increased $79 million, supported by record-breaking Derby Week and growth across racing, wagering and gaming.
- Derby Week lifted racing revenue through stronger broadcast, ticketing, sponsorship, licensing and wagering.
- Kentucky historical racing machine venues grew, while Virginia’s Central region faced competition. Louisiana HRM operations ceased in May 2025.
- Churchill Downs is exploring a sale of nine regional gaming properties as part of a review of its operating portfolio and capital priorities.
- Construction is underway at Rockingham Grand Casino. Temporary Casino Salem closed during construction, and Victory Run is planned at Churchill Downs.
Original SEC Filing: Churchill Downs Inc [ CHDN ] - 10-Q - Oct. 28, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.