# Churchill Downs Inc (CHDN)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/churchill-downs-inc/ JSON: https://steadybase.io/company/churchill-downs-inc.json Checked Nov 10, 2026. Latest filing read: Oct 28, 2026.

## Company

- Legal name: Churchill Downs Inc
- Ticker: CHDN (Nasdaq)
- SEC CIK: 0000020212
- Industry: Services-Racing, Including Track Operation (SIC 7948)
- Headquarters: Louisville, KY
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: churchilldownsincorporated.com
- LinkedIn: https://www.linkedin.com/company/churchill-downs
- Next earnings date: Feb 10, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $2.9B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/0000020212-26-000025-index.html
- Operating income: $683.8M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/0000020212-26-000025-index.html
- Net income: $383.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/0000020212-26-000025-index.html
- SG&A: $246.2M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/0000020212-26-000025-index.html
- Employees: 9,000 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm
- Shares outstanding: 68,548,342 as of Oct 21, 2026 (10-Q filed Oct 28, 2026). Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000084/0000020212-26-000084-index.html
- Auditor: Pricewaterhousecoopers LLP, Louisville, Kentucky, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm

## Business

Churchill Downs Incorporated ("CDI" or the "Company") has been creating extraordinary entertainment experiences for over 150 years, beginning with the Company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the acquisition, development, and operation of live and historical racing entertainment venues, the growth of the online wagering businesses, and the acquisition, development, and operation of regional casino gaming properties.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $2.9B | $683.8M | $383.0M | $246.2M |
| Dec 31, 2024 | $2.7B | $709.0M | $426.8M | $237.7M |
| Dec 31, 2023 | $2.5B | $564.0M | $417.3M | $202.3M |
| Dec 31, 2022 | $1.8B | $321.8M | $439.4M | $164.2M |
| Dec 31, 2021 | $1.6B | $284.4M | $249.1M | $138.5M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/churchill-downs-inc.json

## Officers and directors

- William C. Carstanjen, Chief Executive Officer. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm
- Marcia A. Dall, EVP, and CFO. LinkedIn: https://linkedin.com/in/marcia-dall-6b2aab381. Source: Form 4 filed Mar 20, 2026, https://www.sec.gov/Archives/edgar/data/20212/000146062426000003/0001460624-26-000003-index.htm
- William E. Mudd, President and COO. Source: Form 4 filed Mar 20, 2026, https://www.sec.gov/Archives/edgar/data/20212/000141504926000004/0001415049-26-000004-index.htm
- Bradley K. Blackwell, EVP, General Counsel. Source: Form 4 filed Feb 9, 2026, https://www.sec.gov/Archives/edgar/data/20212/000194212726000002/0001942127-26-000002-index.htm
- Maureen Adams, EVP, Gaming Operations. LinkedIn: https://linkedin.com/in/maureen-adams-1594233. Source: Form 4 filed Jan 5, 2026, https://www.sec.gov/Archives/edgar/data/20212/000194230526000002/0001942305-26-000002-index.htm
- Andréa Carter, Board member (per proxy). Source: DEF 14A filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/20212/000119312526104118/d123994ddef14a.htm

## Recent 8-K events

- Oct 28, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000088/chdn-20261027.htm
- Oct 28, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000086/chdn-20261027.htm
- Oct 28, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000082/chdn-20261028.htm
- Sep 28, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000119312526403885/d166307d8k.htm
- Jul 29, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000058/chdn-20260729.htm
- Jul 29, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000056/chdn-20260729.htm
- Apr 22, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000041/chdn-20260422.htm
- Apr 21, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000033/chdn-20260421.htm
- Feb 25, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021226000023/chdn-20260225.htm
- Oct 22, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/20212/000002021225000134/chdn-20251022.htm

## Latest filings

- 8-K filed Oct 28, 2026: https://www.sec.gov/Archives/edgar/data/20212/000002021226000088/chdn-20261027.htm
- 10-K filed Feb 25, 2026: https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm
- 10-Q filed Oct 28, 2026: https://www.sec.gov/Archives/edgar/data/20212/000002021226000084/chdn-20260930.htm
- DEF 14A filed Mar 12, 2026: https://www.sec.gov/Archives/edgar/data/20212/000119312526104118/d123994ddef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/