When did Churchill Downs report Q2 2025 earnings?

Churchill Downs (CHDN) reported Q2 2025 earnings on July 23, 2025 after market close.

What were Churchill Downs's Q2 2025 revenue and EPS?

Churchill Downs reported revenue of $934.4M and eps of $3.10 for Q2 2025.

Did Churchill Downs beat estimates in Q2 2025?

Revenue beat the consensus estimate of $667.7M by $266.7M. EPS beat the consensus estimate of $3.03 by $0.07.

How did Churchill Downs's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 4.9% from $890.7M a year earlier and eps grew 7.3% from $2.89.

Where can I find Churchill Downs's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0000020212-25-000104) directly on SEC EDGAR. The filing index links above go to sec.gov.

Churchill Downs CHDN Q2 2025 earnings

Reported July 23, 2025 · After market close

Revenue$934.4MBeat by $266.7M

EPS$3.10Beat by $0.07

Revenue estimate$667.7M

EPS estimate$3.03

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$703.3M

EPS estimate$1.22

Financials

Q2 2025

Income statement

See full

Revenue$934.4M+4.9%

Operating income$327.7M-0.7%

Net income$216.9M+3.6%

EPS (diluted)$2.99+7.2%

Balance sheet

See full

Cash & equivalents$285.6M+23.7%

Total debt$1.9B+7.9%

Total equity$1.0B+1.0%

Total assets$7.4B+2.9%

Cash flow

See full

Operating cash flow$240.5M+10.8%

CapEx$18.9M-15.6%

Free cash flow$221.6M+13.9%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$7.23B-29.6%

Enterprise value$8.87B-24.9%

P/E16.8×-8.3×

P/S2.6×-1.4×

Profitability

See full

Operating margin25.3%-0.5pp

Net margin15.2%-0.4pp

FCF margin25%-7.3pp

Returns & leverage

See full

Return on equity41.6%-1.8pp

Debt / equity1.8×+0.1×

Current ratio0.6×0.0×

Segments

By product

See full

Gaming$266.0M-3.0%

Pari-mutuel, historical racing$256.5M+15.9%

Pari-mutuel, live and simulcast racing$183.2M+7.6%

Racing event-related services$172.5M-2.8%

By segment

See full

Gaming$266.3M-3.0%

Versus estimates

Revenue

Q2 2026$980.0MBeat by $2.6M Q1 2026$663.0MBeat by $1.8M Q4 2025$665.9MBeat by $5.8M Q3 2025$683.0MBeat by $26.7M

Q2 2025$934.4MBeat by $266.7M

Q1 2025$642.6MIn line

Diluted EPS

Q2 2026$3.45In line Q1 2026$1.21Beat by $0.15 Q4 2025$0.97Beat by $0.12 Q3 2025$1.09Beat by $0.12

Q2 2025$3.10Beat by $0.07

Q1 2025$1.07Beat by $0.03

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Questions, answered.

When did Churchill Downs report Q2 2025 earnings?: Churchill Downs (CHDN) reported Q2 2025 earnings on July 23, 2025 after market close.
What were Churchill Downs's Q2 2025 revenue and EPS?: Churchill Downs reported revenue of $934.4M and eps of $3.10 for Q2 2025.
Did Churchill Downs beat estimates in Q2 2025?: Revenue beat the consensus estimate of $667.7M by $266.7M. EPS beat the consensus estimate of $3.03 by $0.07.
How did Churchill Downs's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 4.9% from $890.7M a year earlier and eps grew 7.3% from $2.89.
Where can I find Churchill Downs's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0000020212-25-000104) directly on SEC EDGAR. The filing index links above go to sec.gov.