Business

Churchill Downs Incorporated Reports 2025 Fourth Quarter and Full Year Results

LOUISVILLE, Ky., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the quarter and full year ended December 31, 2025. Company Highlights Fourth quarter 2025 financial results, as compared to the prior year quarter: Record net revenue $665.9 million, up $41.7 million or 7%Net income attributable to CDI of $51.3 million, down $20.4 million or 28%Record Adjusted EBITDA of $247.0 million, up $10.4 million or

articleChurchill Downs, IncorporatedFebruary 25, 202625/company/churchill-downs-incorporated/news/churchill-downs-incorporated-reports-2025-fourth-quarter-and-full-year-results
Churchill Downs Incorporated Reports 2025 Fourth Quarter and Full Year Results

About this update from Churchill Downs, Incorporated

[{"type":"image","alt":"Churchill Downs Incorporated","displaySize":"","headline":null,"caption":"Churchill Downs Incorporated","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":53,"url":"https://media.zenfs.com/en/globenewswire.com/c88ea2c6b461c2f84ec29b4c3d206b9d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/P7uBG8Eazi8TM_q4UC4BLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTc0O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/c88ea2c6b461c2f84ec29b4c3d206b9d","width":300,"height":53}},"lazy":false},{"type":"text","content":"LOUISVILLE, Ky., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the quarter and full year ended December 31, 2025.","length":240,"tagName":"p"},{"type":"text","content":"Company Highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter 2025 financial results, as compared to the prior year quarter:","length":77,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Record net revenue $665.9 million, up $41.7 million or 7%","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to CDI of $51.3 million, down $20.4 million or 28%","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Record Adjusted EBITDA of $247.0 million, up $10.4 million or 4%","length":64,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":195,"olType":false}]},{"val":[{"type":"text","content":"On September 29, 2025, CDI opened Roseshire Gaming Parlor in Henrico County, Virginia.","length":86,"tagName":"p"}]},{"val":[{"type":"text","content":"On January 12, 2026, CDI announced plans to invest $180-$200 million in Rockingham Grand Casino in Salem, New Hampshire, with a planned mid-2027 opening.","length":153,"tagName":"p"}]},{"val":[{"type":"text","content":"On February 25, 2026, CDI opened Marshall Yards Racing & Gaming in Southwestern Kentucky.","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"We ended 2025 with net bank leverage of 4.1x and returned $456.3 million of capital to our shareholders through share repurchases and dividends during 2025.","length":156,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":760,"olType":false},{"type":"table","head...

More updates from Churchill Downs, Incorporated

Churchill Downs IncorporatedChurchill Downs IncorporatedChurchill Downs RacetrackFourth quarterHistorical RacingNet incomeNet incomeNet income attributableEBITDAChurchill Downs Racetrack