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Churchill Downs CHDN Deferred Revenue

Deferred Revenue at other companies

Wynn Resorts logo
Wynn ResortsWYNN
$498.49M+1.5%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$11.42M
DraftKings Inc. logo
DraftKings Inc.DKNG
Flutter Entertainment logo
Flutter EntertainmentFLUT

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 us-gaap:RevenueRemainingPerformanceObligation.

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 deferred revenue?
Churchill Downs (CHDN) reported deferred revenue of $270M in Q1 2026.
How has Churchill Downs's deferred revenue changed year-over-year?
Churchill Downs's deferred revenue decreased by 7.0% year-over-year, from $290.4M to $270M.
What is the long-term trend for Churchill Downs's deferred revenue?
Over 5 years (2020 to 2025), Churchill Downs's deferred revenue has grown at a 10.8% compound annual growth rate (CAGR), from $32.8M to $54.7M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.