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Canterbury Park Holding Corporation CPHC Horse Racing — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$13.5M+2.8%
Operating income$1.1M+62.5%
Net income$169.9K+157%
EPS (diluted)$0.03+150%

Balance sheet

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Cash & equivalents$12.2M+15.0%
Total debt$145.1K-28.7%
Total equity$84.0M+0.3%
Total assets$113.5M+1.0%

Cash flow

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Operating cash flow$3.2M-3.9%
CapEx$635.0K-26.0%
Free cash flow$2.6M+3.6%

Valuation

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Market cap$81.17M-15.4%
Enterprise value$69.12M-17.3%
P/S1.4×-0.2×

Profitability

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Operating margin4.8%-4.2pp
Net margin-0.1%
FCF margin-1.6%

Returns & leverage

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Return on equity-0.1%
Debt / equity0.0×
Current ratio2.4×+0.3×

Where this comes from

Reported directly by Canterbury Park Holding Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Canterbury Park Holding Corporation’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Canterbury Park Holding Corporation's horse racing — income tax expense benefit?
Canterbury Park Holding Corporation (CPHC) reported horse racing — income tax expense benefit of -$274K in Q1 2026.
How has Canterbury Park Holding Corporation's horse racing — income tax expense benefit changed year-over-year?
Canterbury Park Holding Corporation's horse racing — income tax expense benefit decreased by 122.8% year-over-year, from -$123K to -$274K.
What is the long-term trend for Canterbury Park Holding Corporation's horse racing — income tax expense benefit?
Over 2 years (2022 to 2024), Canterbury Park Holding Corporation's horse racing — income tax expense benefit has grown at a 12.5% compound annual growth rate (CAGR), from -$448K to -$567K.
What does horse racing — income tax expense benefit mean?
The provision for income taxes or the benefit recognized related to the horse racing segment's operations. This reflects the tax impact on the segment's earnings, influenced by statutory rates and segment-specific tax adjustments.