Vail Resorts financials
$141.29+2.32%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Apr 30 | Q2 '26 Jan 31 | Q1 '26 Oct 31 | Q4 '25 Jul 31 | Q3 '25 Apr 30 | Q2 '25 Jan 31 | Q1 '25 Oct 31 | Q4 '24 Jul 31 | Q3 '24 Apr 30 | Q2 '24 Jan 31 | Q1 '24 Oct 31 | Q4 '23 Jul 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.08B | $271.0M | $271.3M | $1.30B | $1.14B | $260.3M | $265.4M | $1.28B | $1.08B | $258.6M | $269.8M |
| Gross profit | $688.6M | $544.1M | -$30.3M | -$17.5M | $753.2M | $573.6M | -$34.9M | -$19.1M | $747.7M | $538.5M | -$28.3M | -$1.6M |
| Gross margin | 57.1% | 50.2% | −11.2% | −6.5% | 58.1% | 50.4% | −13.4% | −7.2% | 58.3% | 50.0% | −10.9% | −0.6% |
| Operating income | $507.3M | $346.5M | -$215.4M | -$202.2M | $569.5M | $383.0M | -$214.8M | -$190.0M | $583.7M | $354.7M | -$208.2M | -$156.9M |
| Net income | $314.4M | $210.0M | -$186.8M | -$185.5M | $389.7M | $244.4M | -$173.3M | -$174.7M | $362.0M | $219.3M | -$175.5M | -$128.6M |
| Net margin | 26.1% | 19.4% | −68.9% | −68.4% | 30.1% | 21.5% | −66.6% | −65.8% | 28.2% | 20.3% | −67.9% | −47.7% |
| Diluted EPS | $8.81 | $5.87 | $-5.20 | $-5.06 | $10.46 | $6.53 | $-4.62 | $-4.62 | $9.54 | $5.76 | $-4.60 | $-3.33 |
| EBITDA | $584.6M | $420.8M | -$142.3M | -$125.1M | $645.5M | $457.3M | -$143.3M | -$115.6M | $652.2M | $424.1M | -$141.5M | -$156.9M |
| Operating cash flow | $6.8M | $259.9M | $315.9M | -$171.6M | $115.4M | $326.4M | $282.7M | -$92.0M | $109.9M | $242.7M | $328.5M | -$137.2M |
| Free cash flow | -$28.2M | $185.0M | $244.3M | -$227.5M | $82.2M | $251.4M | $211.7M | -$148.1M | $85.0M | $165.8M | $275.1M | -$190.8M |
| Diluted shares | 35.6M | 35.8M | 35.9M | 36.7M | 37.2M | 37.4M | 37.5M | 37.8M | 37.9M | 38.0M | 38.1M | 38.6M |
Balance sheet
| Period end | Apr 30 | Jan 31 | Oct 31 | Jul 31 | Apr 30 | Jan 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $371.4M | $384.7M | $581.5M | $440.3M | $467.0M | $488.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.02B | $2.93B | $3.17B | $3.19B | $2.71B | $2.72B |
| Total assets | $5.69B | $5.60B | $5.76B | $5.78B | $5.75B | $5.52B |
| Total liabilities | $4.77B | $4.96B | $5.30B | $5.02B | $4.53B | $4.72B |
| Shareholders' equity | $916.1M | $644.8M | $468.0M | $753.9M | $1.22B | $800.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology