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Churchill Downs CHDN Live and Historical — Equipment And Technology Expense

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Other financials

Income statement

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Revenue$663.0M+3.1%
Operating income$143.0M+5.9%
Net income$83.0M+7.8%
EPS (diluted)$1.16+13.7%

Balance sheet

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Cash & equivalents$291.0M+7.4%
Total debt$1.8B+2.6%
Total equity$1.1B+2.2%
Total assets$7.5B+1.9%

Cash flow

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Operating cash flow$295.0M+19.4%
CapEx$19.0M+46.2%
Free cash flow$276.0M+17.9%

Valuation

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Market cap$6.15B-23.3%

Profitability

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Operating margin23.5%-2.3pp
Net margin13.2%-2.0pp
FCF margin25.2%+0.8pp

Returns & leverage

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Return on equity35.9%-8.7pp
Debt / equity1.7×0.0×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Churchill Downs in its filing.

Tagged under the XBRL concept chdn:EquipmentAndTechnologyExpense.

The official record: Churchill Downs’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Churchill Downs's live and historical — equipment and technology expense?
Churchill Downs (CHDN) reported live and historical — equipment and technology expense of $14M in Q1 2026.
How has Churchill Downs's live and historical — equipment and technology expense changed year-over-year?
Churchill Downs's live and historical — equipment and technology expense increased by 16.7% year-over-year, from $12M to $14M.
What is the long-term trend for Churchill Downs's live and historical — equipment and technology expense?
Over 3 years (2022 to 2025), Churchill Downs's live and historical — equipment and technology expense has grown at a 40.7% compound annual growth rate (CAGR), from $18.6M to $51.8M.
What does live and historical — equipment and technology expense mean?
This metric tracks expenditures on the hardware, software, and digital infrastructure necessary to support historical racing terminals and wagering systems. It captures the cost of maintaining the technological backbone that enables gaming and betting transactions. As the business becomes more digitized, this metric highlights the ongoing investment in system reliability and innovation.