Filing Flows

Filing Flows › Churchill Downs (CHDN) › Free cash flow

Churchill Downs (CHDN) free cash flow by quarter

Churchill Downs' free cash flow was $108M in Q3 2026 (third quarter 2026), -39% from Q2 2026. Over the last 7 quarters it ranged from $63.3M (Q4 2025) to $255M (Q1 2026).

Churchill Downs free cash flow by quarterChurchill Downs free cash flow by quarter$180MQ1 2025$174MQ2 2025$148MQ3 2025$63.3MQ4 2025$255MQ1 2026$178MQ2 2026$108MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$108M-39%-27%
Q2 2026$178M-30%+2%
Q1 2026$255M+303%+42%
Q4 2025$63.3M-57%—
Q3 2025$148M-15%—
Q2 2025$174M-3%—
Q1 2025$180M——

Q3 2026 at a glance

Churchill Downs, Q3 2026: revenue $696M (+2% year over year), operating margin 20.5%, net earnings $80.0M, operating cash flow $148M. The chart follows the revenue to costs, profit and cash.

Questions

What is Churchill Downs' free cash flow?

Churchill Downs' free cash flow was $108M in Q3 2026 (third quarter 2026), -39% from Q2 2026.

How has Churchill Downs' free cash flow changed?

Over the last 7 quarters it ranged from $63.3M (Q4 2025) to $255M (Q1 2026).

Q3 2026 results → · How Churchill Downs makes money →