Churchill Downs Inc
For the period ended Sep 30, 2025. Filed Oct 22, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 22, 2025
CHDN$101.96+3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Shareholders' Equity for the and
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
| Common Stock · RetainedEarnings · Accumulated Other Comprehensive Loss · Total Shareholders' Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in millions) · Shares · Amount | ||||||||||
| Balance, December 31, 2024 | 73.5 | $— | $1,084.6 | $(1.0) | $1,083.6 | |||||
| Net income attributable to Churchill Downs Incorporated | 76.7 | 76.7 | ||||||||
| Issuance of common stock | 0.1 | — | ||||||||
| Repurchase of common stock | (0.8) | (1.0) | (88.4) | (89.4) | ||||||
| Taxes paid related to net share settlement of stock awards | (3.9) | (3.9) | ||||||||
| Stock-based compensation | 4.9 | 4.9 | ||||||||
| Other | (0.2) | (0.2) | ||||||||
| Balance, March 31, 2025 | 72.8 | — | 1,072.7 | (1.0) | 1,071.7 | |||||
| Net income attributable to Churchill Downs Incorporated | 216.9 | 216.9 | ||||||||
| Repurchase of common stock | (2.6) | (5.3) | (245.1) | (250.4) | ||||||
| Taxes paid related to net share settlement of stock awards | (0.1) | (0.1) | ||||||||
| Stock-based compensation | 5.4 | 5.4 | ||||||||
| Other | (1.9) | (1.9) | ||||||||
| Balance, June 30, 2025 | 70.2 | — | 1,042.6 | (1.0) | 1,041.6 | |||||
| Net income attributable to Churchill Downs Incorporated | 38.1 | 38.1 | ||||||||
| Issuance of common stock | 0.1 | 5.0 | 5.0 | |||||||
| Repurchase of common stock | (0.5) | (12.6) | (40.9) | (53.5) | ||||||
| Taxes paid related to net share settlement of stock awards | (0.1) | (0.1) | ||||||||
| Stock-based compensation | 7.7 | 7.7 | ||||||||
| Other | (3.9) | (3.9) | ||||||||
| Balance, September 30, 2025 | 69.8 | $— | $1,035.9 | $(1.0) | $1,034.9 | |||||
FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
| Common Stock · RetainedEarnings · Accumulated Other Comprehensive Loss · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (in millions) · Shares · Amount | ||||||||||||
| Balance, December 31, 2023 | 74.5 | $— | $894.5 | $(0.9) | $893.6 | |||||||
| Net income attributable to Churchill Downs Incorporated | 80.4 | 80.4 | ||||||||||
| Issuance of common stock | 0.3 | — | ||||||||||
| Repurchase of common stock | (1.2) | (7.2) | (138.5) | (145.7) | ||||||||
| Taxes paid related to net share settlement of stock awards | (0.1) | (7.6) | (7.6) | |||||||||
| Stock-based compensation | 7.2 | 7.2 | ||||||||||
| Other | (1.0) | (1.0) | ||||||||||
| Balance, March 31, 2024 | 73.5 | — | 827.8 | (0.9) | 826.9 | |||||||
| Net income attributable to Churchill Downs Incorporated | 209.3 | 209.3 | ||||||||||
| Repurchase of common stock | (0.1) | (8.9) | (4.1) | (13.0) | ||||||||
| Taxes paid related to net share settlement of stock awards | (0.2) | (0.2) | ||||||||||
| Stock-based compensation | 8.9 | 8.9 | ||||||||||
| Other | (0.9) | (0.1) | (1.0) | |||||||||
| Balance, June 30, 2024 | 73.4 | — | 1,031.9 | (1.0) | 1,030.9 | |||||||
| Net income attributable to Churchill Downs Incorporated | 65.4 | 65.4 | ||||||||||
| Issuance of common stock | 0.2 | 4.2 | 4.2 | |||||||||
| Repurchase of common stock | (0.1) | (9.0) | (9.0) | |||||||||
| Taxes paid related to net share settlement of stock awards | (0.1) | (0.1) | ||||||||||
| Stock-based compensation | 7.1 | 7.1 | ||||||||||
| Other | (0.5) | (1.0) | (1.5) | |||||||||
| Balance, September 30, 2024 | 73.5 | $1.7 | $1,096.3 | $(1.0) | $1,097.0 | |||||||
FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025
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