Churchill Downs Inc
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $980.0M | $663.0M | $665.9M | $683.0M | $934.0M | $643.0M | $624.2M | $628.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $61.0M | $59.0M | $70.9M | $59.3M | $61.0M | $55.0M | $65.7M | $59.8M |
| Operating Income | $357.0M | $143.0M | $123.8M | $98.0M | $327.0M | $135.0M | $126.8M | $125.9M |
| Operating Margin | 36.4% | 21.6% | 18.6% | 14.3% | 35.0% | 21.0% | 20.3% | 20.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $328.0M | $113.0M | $83.2M | $61.2M | $292.0M | $96.0M | $91.0M | $86.1M |
| Income Tax Expense | $86.0M | $30.0M | $31.9M | $22.0M | $74.0M | $19.0M | $18.7M | $19.9M |
| Net Income | $241.0M | $83.0M | $50.9M | $38.1M | $217.0M | $77.0M | $71.7M | $65.4M |
| Net Margin | 24.6% | 12.5% | 7.6% | 5.6% | 23.2% | 12.0% | 11.5% | 10.4% |
| EPS (Basic) | $3.43 | $1.16 | $0.74 | $0.54 | $3.02 | $1.02 | $0.95 | $0.87 |
| EPS (Diluted) | $3.42 | $1.16 | $0.74 | $0.54 | $2.99 | $1.02 | $0.95 | $0.86 |
| Shares Outstanding (Basic) | 70.0M | 70.0M | 71.4M | 70.3M | 72.0M | 74.0M | 74.0M | 73.9M |
| Shares Outstanding (Diluted) | 70.0M | 70.0M | 71.8M | 71.0M | 72.0M | 74.0M | 74.6M | 74.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |