Want to see CHDN full AI Analyst Report?
Net Revenue By Segment
Breaks down revenue by business segment, revealing which parts of the company are performing well and contributing most to overall financial health.Live & Historical Racing has emerged as the portfolio’s fastest‑growing, high‑impact driver—seasonal Derby-week spikes now produce meaningful quarterly upside and management expects $15–$20M of incremental EBITDA—while Kentucky HRM rollouts and ETG expansion are boosting margin contribution. Wagering Services delivers steady, diversified growth supporting omnichannel wagering; Gaming is broadly stable but vulnerable to local weather, competitive pressures and the planned Louisiana HRM exit. Strong free cash flow funds expansion (Preakness IP, Rockingham, Victory Run), but regulatory uncertainty could limit future upside.
Date | Churchill Downs | Online Wagering | Live & Historical Racing | Wagering Services & Solutions | Gaming | Other |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $0.00 | $0.00 | $543.00M | $167.00M | $270.00M | $0.00 |
Mar 31, 2026 | $0.00 | $0.00 | $297.00M | $109.00M | $257.00M | $0.00 |
Dec 31, 2025 | $0.00 | $0.00 | $312.30M | $104.90M | $248.70M | $0.00 |
Sep 30, 2025 | $0.00 | $0.00 | $300.00M | $118.00M | $265.00M | $0.00 |
Jun 30, 2025 | $0.00 | $0.00 | $509.90M | $158.40M | $266.00M | $100.00K |
Mar 31, 2025 | $0.00 | $0.00 | $272.50M | $106.90M | $263.20M | $0.00 |
Dec 31, 2024 | $0.00 | $0.00 | $268.30M | $99.90M | $256.00M | $0.00 |
Sep 30, 2024 | $0.00 | $0.00 | $247.50M | $111.30M | $269.70M | $0.00 |
Jun 30, 2024 | $0.00 | $0.00 | $464.70M | $151.70M | $274.20M | $100.00K |
Mar 31, 2024 | $0.00 | $0.00 | $245.10M | $106.60M | $239.20M | $0.00 |