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AI brief of an SEC Form 8-K · Churchill Downs (CHDN)

Churchill Downs posts record Q2 revenue of $980 million; net income rises 11%

Positive Impact 3 of 5 earnings Written later

Churchill Downs reported second quarter 2026 results, with all-time record net revenue of $980 million, up 5% from $934 million a year earlier. Net income attributable to the company rose 11% to $241 million, and diluted EPS was $3.42 versus $2.99, so headline revenue and profit both improved for shareholders.

Key points

  • Net revenue of $980 million, up $46 million or 5% from the prior year quarter
  • Net income attributable to CDI of $241 million, up $24 million or 11%; diluted EPS of $3.42 versus $2.99
  • All-time record Adjusted EBITDA of $477 million, up $26 million or 6%
  • Net bank leverage was 3.7x at the end of the second quarter; results are to be discussed on a conference call on July 30, 2026

The filing

CompanyChurchill Downs (CHDN)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:27 PM ET
Accession number0000020212-26-000058

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 July 29, 2026.

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.