Churchill Downs Q1 revenue rises 9% to $642.6 million; net income falls 5%
Churchill Downs reported first quarter 2025 results for the three months ended March 31, 2025. Net revenue rose 9% to a record $642.6 million, but net income attributable to the company fell 5% to $76.7 million, and diluted EPS declined to $1.02 from $1.08.
Key points
- Net revenue was $642.6 million, up $51.7 million or 9% from the prior year quarter.
- Net income attributable to CDI was $76.7 million, down $3.7 million or 5%.
- Diluted EPS attributable to CDI was $1.02, compared with $1.08 a year earlier.
- Adjusted EBITDA was a record $245.1 million, up $2.6 million or 1%.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.