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Churchill Downs CHDN Live and Historical — Adjusted EBITDA
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Where this comes from
Reported directly by Churchill Downs in its filing.
Tagged under the XBRL concept chdn:AdjustedEarningsBeforeInterestTaxDepreciationandAmortization.
The source filing: Churchill Downs’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:31 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000020212-26-000059
| (in millions) | Live and Historical Racing | Wagering Services and Solutions | Gaming |
|---|---|---|---|
| Selling, general and administrative expense | (14) | (4) | (12) |
| Maintenance, insurance and utilities | (13) | (3) | (9) |
| Gaming equipment rental and technology costs | (13) | (2) | (5) |
| Food and beverage costs | (4) | — | (4) |
| Other operating expense(1) | (37) | (15) | (18) |
| Equity in income of unconsolidated affiliates | — | — | 50 |
| Other income | — | — | — |
| Adjusted EBITDA | $318 | $52 | $133 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Churchill Downs's live and historical — adjusted EBITDA?
- Churchill Downs (CHDN) reported live and historical — adjusted EBITDA of $318M in Q2 2026.
- How has Churchill Downs's live and historical — adjusted EBITDA changed year-over-year?
- Churchill Downs's live and historical — adjusted EBITDA increased by 7.3% year-over-year, from $296.5M to $318M.
- What is the long-term trend for Churchill Downs's live and historical — adjusted EBITDA?
- Over 4 years (2021 to 2025), Churchill Downs's live and historical — adjusted EBITDA has grown at a 38.1% compound annual growth rate (CAGR), from $175M to $637M.
- What does live and historical — adjusted EBITDA mean?
- Measures the core operational profitability of the live and historical racing segment by excluding interest, taxes, depreciation, amortization, and non-recurring items. It provides a standardized view of the segment's ability to generate cash flow from its racing and wagering activities. This is a key metric for assessing the underlying financial health and efficiency of the racing business.
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