Churchill Downs CHDN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenue by Product | ||||||
| Gaming | $257M-2.3% | $248.7M-2.9% | $265M-1.7% | $266M-3.0% | $263M+9.9% | |
| Pari-mutuel, historical racing | $257M+4.5% | $261.9M+11.7% | $252.6M+17.4% | $256.5M+15.9% | $246M+11.4% | |
| Pari-mutuel, live and simulcast racing | $102M0.0% | $98.2M+3.0% | $108.1M+5.1% | $183.2M+7.6% | $102M+0.6% | |
| Racing event-related services | $2M0.0% | $6.2M-17.3% | $4.2M-34.4% | $172.5M-2.8% | $2M-39.4% | |
| Accounts receivable by Product | ||||||
| Other receivables | $31M+15.7% | $30M+14.9% | $25.1M-7.0% | $25M-18.3% | $26.8M-24.9% | |
| Simulcast and online wagering receivables | $40M-20.9% | $34M-15.4% | $35.3M-2.2% | $50M-8.4% | $50.6M+2.4% | |
| Trade receivables | $33M-9.1% | $34M-8.8% | $36M-1.6% | $49.1M-13.6% | $36.3M+3.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Churchill Downs break its business down?
- Churchill Downs (CHDN) reports net revenue by product across 4 parts — Gaming, Pari-mutuel, historical racing, Pari-mutuel, live and simulcast racing and Racing event-related services. Each is extracted from the segment footnotes and tracked over time.
- Where does Churchill Downs's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Churchill Downs's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
