Earnings ·
Churchill Downs Incorporated reported second quarter 2026 financial results, achieving all-time record net revenue of…
CHDNChurchill Downs Inc
Churchill Downs Incorporated reported second quarter 2026 financial results, achieving all-time record net revenue of $980 million, an increase of $46 million or 5% year-over-year. Net income attributable to the company rose 11% to $241 million, while Adjusted EBITDA reached a record $477 million, up 6%. Diluted EPS was $3.42 compared to $2.99 in the prior year period. The quarter featured the 152nd Kentucky Derby, which generated all-time record wagering and contributed significantly to earnings, supported by peak viewership of 24.4 million. The company ended the quarter with a net bank leverage ratio of 3.7x. Churchill Downs Incorporated operates in the entertainment industry, managing racetracks, casino gaming properties, and online wagering platforms.