Churchill Downs CHDN Live and Historical — Operating expense

Other product segments

Similar metrics at other companies

GNRCResidential — Operating Expenses

$176.62M-4.6%

SYYOther — Operating Expenses

$29M-12.1%

NWETotal costs & expenses

$383.46M+12.2%

SLBReservoir Performance — Operating Expenses

$1.34B-5.7%

RRRCasino — Operating costs and expenses

$91.23M+2.0%

CRUSReportable Segment — Operating Expenses

$147.35M+4.7%

Questions, answered.

What is Churchill Downs's live and historical — operating expense?

Churchill Downs (CHDN) reported live and historical — operating expense of $199M in Q1 2026.

How has Churchill Downs's live and historical — operating expense changed year-over-year?

Churchill Downs's live and historical — operating expense increased by 4.7% year-over-year, from $190M to $199M.

What is the long-term trend for Churchill Downs's live and historical — operating expense?

Over 4 years (2021 to 2025), Churchill Downs's live and historical — operating expense has grown at a 31.4% compound annual growth rate (CAGR), from $288.9M to $861.7M.

What does live and historical — operating expense mean?

This metric captures the total operating costs directly attributable to the Live and Historical Racing segment, including labor, facility maintenance, marketing, and regulatory compliance expenses. It provides insight into the cost structure and operational efficiency required to maintain and grow the company's racing properties. Analyzing this metric relative to segment revenue helps determine the profitability and margin sustainability of the racing business.