Churchill Downs Reports $2.93B Consolidated Revenue, $383M Net Profit

Churchill Downs Incorporated reported consolidated revenue of approximately $2.93 billion and a net profit of $383 million for fiscal 2025, issuing its fourth-quarter and full-year results on Feb. 25, 2026. The company framed those totals in a press release that the company and subsequent coverage said breaks down the drivers behind the annual performance.

The headline numbers imply a net margin of about 13.1 percent for 2025, with the $383 million net profit divided by the $2.93 billion consolidated revenue. That percentage provides a concrete yardstick for investors and industry participants comparing Churchill Downs Incorporated to prior years and to peers in racing and gaming operations.

Churchill Downs labeled the publication as both fourth-quarter and full-year results, signaling that the company intended the Feb. 25, 2026 release to cover quarter-level activity as well as the 12-month performance for 2025. The company and the coverage that followed said the release breaks down which business segments and revenue streams contributed to the consolidated total, though the consolidated revenue and net profit figures remain the clearest public summary of the year.

For stakeholders tracking Churchill Downs Incorporated, the scale of the consolidated revenue figure is notable: $2.93 billion places the company among the largest commercial operators in the sport and gaming space by annual top line. The $383 million net profit is the concrete bottom-line result that analysts will use to calculate returns, debt coverage and capital allocation decisions for the coming months.

Churchill Downs released these results on Feb. 25, 2026, and those numbers will be the baseline for any subsequent guidance, investor calls or filings. The consolidated revenue and net profit figures provide a measurable outcome for 2025 that market watchers and industry insiders can reference when assessing executive performance and planning for operational decisions in 2026.

The company’s Feb. 25, 2026 disclosure of fourth-quarter and full-year 2025 results narrowed the conversation to two precise figures: $2.93 billion in consolidated revenue and $383 million in net profit. Those figures will anchor the next round of analysis and reporting as stakeholders dissect the press release and the underlying segment detail that the company said supports those totals.