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Side-by-side financial comparison of Churchill Downs Inc (CHDN) and Skyworks Solutions (SWKS). Click either name above to swap in a different company.

Skyworks Solutions is the larger business by last-quarter revenue ($1.0B vs $663.0M, roughly 1.6× Churchill Downs Inc). Churchill Downs Inc runs the higher net margin — 12.5% vs 7.6%, a 4.9% gap on every dollar of revenue. On growth, Skyworks Solutions posted the faster year-over-year revenue change (8.6% vs 3.1%). Over the past eight quarters, Skyworks Solutions's revenue compounded faster (-0.5% CAGR vs -13.7%).

Churchill Downs Incorporated is the parent company of Churchill Downs. The company has evolved from one racetrack in Louisville, Kentucky, to a multi American-state-wide, publicly traded company with racetracks, casinos and an online wagering company among its portfolio of businesses.

Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. The company's shares are listed on the Nasdaq Global Select Market under the ticker symbol SWKS and is a constituent of the S&P 500.

CHDN vs SWKS — Head-to-Head

Bigger by revenue
SWKS
SWKS
1.6× larger
SWKS
$1.0B
$663.0M
CHDN
Growing faster (revenue YoY)
SWKS
SWKS
+5.5% gap
SWKS
8.6%
3.1%
CHDN
Higher net margin
CHDN
CHDN
4.9% more per $
CHDN
12.5%
7.6%
SWKS
Faster 2-yr revenue CAGR
SWKS
SWKS
Annualised
SWKS
-0.5%
-13.7%
CHDN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CHDN
CHDN
SWKS
SWKS
Revenue
$663.0M
$1.0B
Net Profit
$83.0M
$79.2M
Gross Margin
41.3%
Operating Margin
21.6%
10.0%
Net Margin
12.5%
7.6%
Revenue YoY
3.1%
8.6%
Net Profit YoY
7.8%
15.3%
EPS (diluted)
$1.16
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHDN
CHDN
SWKS
SWKS
Q1 26
$663.0M
$1.0B
Q4 25
$665.9M
$1.1B
Q3 25
$683.0M
Q2 25
$934.4M
$965.0M
Q1 25
$642.6M
$953.2M
Q4 24
$624.2M
$1.1B
Q3 24
$628.5M
$1.0B
Q2 24
$890.7M
$905.5M
Net Profit
CHDN
CHDN
SWKS
SWKS
Q1 26
$83.0M
$79.2M
Q4 25
$51.3M
$141.4M
Q3 25
$38.1M
Q2 25
$216.9M
$105.0M
Q1 25
$76.7M
$68.7M
Q4 24
$71.7M
$162.0M
Q3 24
$65.4M
$60.5M
Q2 24
$209.3M
$120.9M
Gross Margin
CHDN
CHDN
SWKS
SWKS
Q1 26
41.3%
Q4 25
40.7%
Q3 25
Q2 25
41.6%
Q1 25
41.1%
Q4 24
41.4%
Q3 24
41.9%
Q2 24
40.2%
Operating Margin
CHDN
CHDN
SWKS
SWKS
Q1 26
21.6%
10.0%
Q4 25
18.5%
10.1%
Q3 25
14.3%
Q2 25
35.1%
11.5%
Q1 25
20.9%
10.2%
Q4 24
20.3%
16.9%
Q3 24
20.0%
5.8%
Q2 24
37.0%
14.4%
Net Margin
CHDN
CHDN
SWKS
SWKS
Q1 26
12.5%
7.6%
Q4 25
7.7%
12.9%
Q3 25
5.6%
Q2 25
23.2%
10.9%
Q1 25
11.9%
7.2%
Q4 24
11.5%
15.2%
Q3 24
10.4%
5.9%
Q2 24
23.5%
13.4%
EPS (diluted)
CHDN
CHDN
SWKS
SWKS
Q1 26
$1.16
$0.53
Q4 25
$0.95
Q3 25
Q2 25
$0.70
Q1 25
$0.43
Q4 24
$1.00
Q3 24
$0.36
Q2 24
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHDN
CHDN
SWKS
SWKS
Cash + ST InvestmentsLiquidity on hand
$200.0M
$1.6B
Total DebtLower is stronger
$840.0M
$496.6M
Stockholders' EquityBook value
$5.8B
Total Assets
$7.5B
$7.9B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHDN
CHDN
SWKS
SWKS
Q1 26
$200.0M
$1.6B
Q4 25
$200.6M
$1.4B
Q3 25
$180.5M
Q2 25
$182.4M
$1.3B
Q1 25
$174.2M
$1.5B
Q4 24
$175.5M
$1.7B
Q3 24
$152.7M
$1.6B
Q2 24
$140.3M
$1.3B
Total Debt
CHDN
CHDN
SWKS
SWKS
Q1 26
$840.0M
$496.6M
Q4 25
$496.4M
Q3 25
Q2 25
$496.2M
Q1 25
$995.1M
Q4 24
$994.7M
Q3 24
$994.3M
Q2 24
$994.0M
Stockholders' Equity
CHDN
CHDN
SWKS
SWKS
Q1 26
$5.8B
Q4 25
$1.0B
$5.8B
Q3 25
$1.0B
Q2 25
$1.0B
$5.7B
Q1 25
$1.1B
$5.9B
Q4 24
$1.1B
$6.4B
Q3 24
$1.1B
$6.3B
Q2 24
$1.0B
$6.3B
Total Assets
CHDN
CHDN
SWKS
SWKS
Q1 26
$7.5B
$7.9B
Q4 25
$7.5B
$7.9B
Q3 25
$7.5B
Q2 25
$7.4B
$7.7B
Q1 25
$7.3B
$7.9B
Q4 24
$7.3B
$8.3B
Q3 24
$7.2B
$8.3B
Q2 24
$7.2B
$8.2B
Debt / Equity
CHDN
CHDN
SWKS
SWKS
Q1 26
0.09×
Q4 25
0.09×
Q3 25
Q2 25
0.09×
Q1 25
0.17×
Q4 24
0.16×
Q3 24
0.16×
Q2 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHDN
CHDN
SWKS
SWKS
Operating Cash FlowLast quarter
$295.0M
$395.5M
Free Cash FlowOCF − Capex
$339.0M
FCF MarginFCF / Revenue
32.7%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
3.55×
4.99×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHDN
CHDN
SWKS
SWKS
Q1 26
$295.0M
$395.5M
Q4 25
$200.0M
Q3 25
$187.7M
Q2 25
$314.2M
Q1 25
$246.5M
$409.4M
Q4 24
$377.2M
Q3 24
$169.4M
$476.1M
Q2 24
$273.4M
Free Cash Flow
CHDN
CHDN
SWKS
SWKS
Q1 26
$339.0M
Q4 25
$144.0M
Q3 25
$166.3M
Q2 25
$252.7M
Q1 25
$233.9M
$370.9M
Q4 24
$338.2M
Q3 24
$154.4M
$393.3M
Q2 24
$249.0M
FCF Margin
CHDN
CHDN
SWKS
SWKS
Q1 26
32.7%
Q4 25
13.1%
Q3 25
24.3%
Q2 25
26.2%
Q1 25
36.4%
38.9%
Q4 24
31.7%
Q3 24
24.6%
38.4%
Q2 24
27.5%
Capex Intensity
CHDN
CHDN
SWKS
SWKS
Q1 26
5.5%
Q4 25
2.6%
5.1%
Q3 25
3.1%
Q2 25
2.0%
6.4%
Q1 25
2.0%
4.0%
Q4 24
5.4%
3.6%
Q3 24
2.4%
8.1%
Q2 24
2.5%
2.7%
Cash Conversion
CHDN
CHDN
SWKS
SWKS
Q1 26
3.55×
4.99×
Q4 25
1.41×
Q3 25
4.93×
Q2 25
2.99×
Q1 25
3.21×
5.96×
Q4 24
2.33×
Q3 24
2.59×
7.87×
Q2 24
2.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHDN
CHDN

Live and Historical Racing$297.0M45%
Gaming$257.0M39%
Wagering Services and Solutions$109.0M16%

SWKS
SWKS

Sales Channel Through Intermediary$915.6M88%
Sales Channel Directly To Consumer$119.8M12%

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