Churchill Downs Posts All-Time Record $980 Million Quarter, Powered by the Kentucky Derby
LOUISVILLE, July 30 -- Nineteen point six million people watched the 152nd Kentucky Derby on average last May. That figure is the highest in more than a decade, and it translated into record wagering across Derby Week, which in turn helped Churchill Downs Incorporated produce the best three months in its history.
The company reported $980 million in net revenue for the second quarter of 2026, a 5 percent increase over the same period a year ago and the first time Churchill Downs has crossed that threshold. Adjusted EBITDA reached $477 million, also an all-time record, reflecting a 6 percent year-over-year improvement. Net income attributable to Churchill Downs shareholders rose 11 percent to $241 million. Diluted earnings per share reach...
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