Churchill Downs Financials

Values in thousands	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	$663,000	$665,900	$683,000	$934,400
Gross Profit	203,000	196,700	204,300	392,100
EBITDA	202,000	220,100	194,900	425,600
EBIT	144,000	158,900	136,800	366,200
Net Income	81,000	49,800	37,900	216,900
Net Change In Cash	663,000	665,900	683,000	934,400
Free Cash Flow	236,000	15,900	267,800	154,900
Cash	200,000	288,500	180,500	182,400
Basic Shares	70,000	71,800	71,000	72,300

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$2,925,900	$2,734,300	$2,461,700	$1,809,800
Gross Profit	982,600	938,500	795,700	566,400
EBITDA	1,069,600	1,067,700	1,005,400	875,100
EBIT	830,100	863,000	830,200	756,100
Net Income	379,700	426,800	417,300	439,400
Net Change In Cash	2,925,900	2,734,300	2,461,700	1,809,800
Cost of Revenue				-176,900
Free Cash Flow	494,900	225,700	-70,700	80,000
Cash	288,500	175,500	144,500	129,800
Basic Shares	71,400	74,600	76,100	77,000