Churchill Downs Inc

CHDN · XNAS

CIK 20212fmd_1MXFHDJFAPR6K11AN55D1V9TT6Services · Services-Racing, Including Track OperationTemplate: Standard

Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	822	883	1,009	1,330	1,054	1,597	1,810	2,462	2,734	2,926
Net interest income	(44)	–	–	(71)	(80)	(85)	(147)	(268)	(290)	(298)
Research and development	39	–	–	–	–	–	–	–	–	–
Selling, general and administrative	79	84	91	122	115	139	164	202	238	246
Total operating expenses	650	737	820	1,114	994	1,313	1,488	1,898	2,025	2,242
Operating income	173	146	189	216	60	284	322	564	709	684
Interest expense	44	49	40	71	80	85	147	268	290	298
Interest and investment income	–	–	–	–	–	–	–	–	–	–
Other non-operating income (expense)	(25)	(43)	45	(19)	(52)	59	287	(2)	(136)	(151)
Income before taxes	147	103	234	196	8	344	609	562	573	532
Income tax expense	51	(20)	51	57	(5)	95	169	145	144	147
Net income from continuing operations	97	122	183	140	14	249	439	417	429	386
Net income	108	141	353	138	(82)	249	439	417	427	383
Net income to common shareholders	107	140	353	138	(82)	249	439	417	424	380