# Vail Resorts Inc: financial statements, quarterly

MTN · NYSE · CIK 812011 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Jul 31

Pages: [Overview](/companies/mtn.md) · [Financials](/companies/mtn/financials.md) · [Filings](/companies/mtn/filings.md) · [Insiders](/companies/mtn/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/mtn/financials.md?period=annual).

## Income statement

| Line item | Unit | Q1 FY2024 (2023-10-31) | Q2 FY2024 (2024-01-31) | Q3 FY2024 (2024-04-30) | Q4 FY2024 (2024-07-31) | Q1 FY2025 (2024-10-31) | Q2 FY2025 (2025-01-31) | Q3 FY2025 (2025-04-30) | Q4 FY2025 (2025-07-31) | Q1 FY2026 (2025-10-31) | Q2 FY2026 (2026-01-31) | Q3 FY2026 (2026-04-30) | Q4 FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [259](/filings/0000812011-24-000206.md) | [1,078](/filings/0000812011-25-000019.md) | [1,283](/filings/0000812011-25-000064.md) | [265 d](/filings/0000812011-26-000049.md) | [260](/filings/0000812011-25-000241.md) | [1,137](/filings/0000812011-26-000014.md) | [1,296](/filings/0000812011-26-000026.md) | [271 d](/filings/0000812011-26-000049.md) | [271](/filings/0000812011-25-000241.md) | [1,084](/filings/0000812011-26-000014.md) | [1,205](/filings/0000812011-26-000026.md) | [278 d](/filings/0000812011-26-000049.md) |
| Operating income | $m | [(207)](/filings/0000812011-24-000206.md) | [351](/filings/0000812011-25-000019.md) | [547](/filings/0000812011-25-000064.md) | [(201) d](/filings/0000812011-26-000049.md) | [(202)](/filings/0000812011-25-000241.md) | [383](/filings/0000812011-26-000014.md) | [578](/filings/0000812011-26-000026.md) | [(199) d](/filings/0000812011-26-000049.md) | [(210)](/filings/0000812011-25-000241.md) | [345](/filings/0000812011-26-000014.md) | [494](/filings/0000812011-26-000026.md) | [(209) d](/filings/0000812011-26-000049.md) |
| Interest expense | $m | [40.7](/filings/0000812011-24-000206.md) | [40.6](/filings/0000812011-25-000019.md) | [39.9](/filings/0000812011-25-000064.md) | [43.4 d](/filings/0000812011-26-000049.md) | [42.8](/filings/0000812011-25-000241.md) | [42.7](/filings/0000812011-26-000014.md) | [41.9](/filings/0000812011-26-000026.md) | [44.3 d](/filings/0000812011-26-000049.md) | [51.3](/filings/0000812011-25-000241.md) | [49.5](/filings/0000812011-26-000014.md) | [51.3](/filings/0000812011-26-000026.md) | [53.5 d](/filings/0000812011-26-000049.md) |
| Income tax | $m | [(65.2)](/filings/0000812011-24-000206.md) | [87.5](/filings/0000812011-25-000019.md) | [129](/filings/0000812011-25-000064.md) | [(58.8) d](/filings/0000812011-26-000049.md) | [(58.4)](/filings/0000812011-25-000241.md) | [86.0](/filings/0000812011-26-000014.md) | [130](/filings/0000812011-26-000026.md) | [(53.2) d](/filings/0000812011-26-000049.md) | [(60.6)](/filings/0000812011-25-000241.md) | [72.3](/filings/0000812011-26-000014.md) | [106](/filings/0000812011-26-000026.md) | [(61.1) d](/filings/0000812011-26-000049.md) |
| Net income | $m | [(176)](/filings/0000812011-24-000206.md) | [219](/filings/0000812011-25-000019.md) | [362](/filings/0000812011-25-000064.md) | [(175) d](/filings/0000812011-26-000049.md) | [(173)](/filings/0000812011-25-000241.md) | [244](/filings/0000812011-26-000014.md) | [390](/filings/0000812011-26-000026.md) | [(181) d](/filings/0000812011-26-000049.md) | [(187)](/filings/0000812011-25-000241.md) | [210](/filings/0000812011-26-000014.md) | [314](/filings/0000812011-26-000026.md) | [(190) d](/filings/0000812011-26-000049.md) |
| Diluted EPS | $ per share | [(4.60)](/filings/0000812011-24-000206.md) | [5.76](/filings/0000812011-25-000019.md) | [9.54](/filings/0000812011-25-000064.md) | not reported | [(4.62)](/filings/0000812011-25-000241.md) | [6.53](/filings/0000812011-26-000014.md) | [10.46](/filings/0000812011-26-000026.md) | not reported | [(5.20)](/filings/0000812011-25-000241.md) | [5.87](/filings/0000812011-26-000014.md) | [8.81](/filings/0000812011-26-000026.md) | not reported |
| Basic EPS | $ per share | [(4.60)](/filings/0000812011-24-000206.md) | [5.78](/filings/0000812011-25-000019.md) | [9.57](/filings/0000812011-25-000064.md) | not reported | [(4.62)](/filings/0000812011-25-000241.md) | [6.54](/filings/0000812011-26-000014.md) | [10.47](/filings/0000812011-26-000026.md) | not reported | [(5.20)](/filings/0000812011-25-000241.md) | [5.87](/filings/0000812011-26-000014.md) | [8.82](/filings/0000812011-26-000026.md) | not reported |

- Revenue: us-gaap:Revenues
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q1 FY2024 (2023-10-31) | Q2 FY2024 (2024-01-31) | Q3 FY2024 (2024-04-30) | FY2024 (2024-07-31) | Q1 FY2025 (2024-10-31) | Q2 FY2025 (2025-01-31) | Q3 FY2025 (2025-04-30) | FY2025 (2025-07-31) | Q1 FY2026 (2025-10-31) | Q2 FY2026 (2026-01-31) | Q3 FY2026 (2026-04-30) | FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [729](/filings/0000812011-24-000206.md) | [812](/filings/0000812011-25-000019.md) | [705](/filings/0000812011-25-000064.md) | [323](/filings/0000812011-25-000104.md) | [404](/filings/0000812011-25-000241.md) | [488](/filings/0000812011-26-000014.md) | [467](/filings/0000812011-26-000026.md) | [440](/filings/0000812011-26-000049.md) | [581](/filings/0000812011-25-000241.md) | [385](/filings/0000812011-26-000014.md) | [371](/filings/0000812011-26-000026.md) | [231](/filings/0000812011-26-000049.md) |
| Current assets | $m | [1,135](/filings/0000812011-24-000206.md) | [1,179](/filings/0000812011-25-000019.md) | [1,231](/filings/0000812011-25-000064.md) | [902](/filings/0000812011-25-000104.md) | [845](/filings/0000812011-25-000241.md) | [838](/filings/0000812011-26-000014.md) | [999](/filings/0000812011-26-000026.md) | [1,050](/filings/0000812011-26-000049.md) | [1,048](/filings/0000812011-25-000241.md) | [823](/filings/0000812011-26-000014.md) | [952](/filings/0000812011-26-000026.md) | [876](/filings/0000812011-26-000049.md) |
| Total assets | $m | [5,760](/filings/0000812011-24-000206.md) | [5,848](/filings/0000812011-25-000019.md) | [5,809](/filings/0000812011-25-000064.md) | [5,687](/filings/0000812011-25-000104.md) | [5,631](/filings/0000812011-25-000241.md) | [5,520](/filings/0000812011-26-000014.md) | [5,750](/filings/0000812011-26-000026.md) | [5,778](/filings/0000812011-26-000049.md) | [5,764](/filings/0000812011-25-000241.md) | [5,600](/filings/0000812011-26-000014.md) | [5,686](/filings/0000812011-26-000026.md) | [5,526](/filings/0000812011-26-000049.md) |
| Current liabilities | $m | [1,363](/filings/0000812011-24-000206.md) | [1,229](/filings/0000812011-25-000019.md) | [1,041](/filings/0000812011-25-000064.md) | [1,107](/filings/0000812011-25-000104.md) | [1,357](/filings/0000812011-25-000241.md) | [1,784](/filings/0000812011-26-000014.md) | [1,628](/filings/0000812011-26-000026.md) | [1,668](/filings/0000812011-26-000049.md) | [1,937](/filings/0000812011-25-000241.md) | [1,323](/filings/0000812011-26-000014.md) | [1,045](/filings/0000812011-26-000026.md) | [1,097](/filings/0000812011-26-000049.md) |
| Total liabilities | $m | [4,832](/filings/0000812011-24-000206.md) | [4,697](/filings/0000812011-25-000019.md) | [4,487](/filings/0000812011-25-000064.md) | [4,662](/filings/0000812011-25-000104.md) | [4,900](/filings/0000812011-25-000241.md) | [4,719](/filings/0000812011-26-000014.md) | [4,532](/filings/0000812011-26-000026.md) | [5,024](/filings/0000812011-26-000049.md) | [5,296](/filings/0000812011-25-000241.md) | [4,955](/filings/0000812011-26-000014.md) | [4,770](/filings/0000812011-26-000026.md) | [4,969](/filings/0000812011-26-000049.md) |
| Long-term debt | $m | [2,732](/filings/0000812011-24-000206.md) | [2,722](/filings/0000812011-25-000019.md) | [2,700](/filings/0000812011-25-000064.md) | [2,731](/filings/0000812011-25-000104.md) | [2,710](/filings/0000812011-24-000206.md) | [2,118](/filings/0000812011-25-000019.md) | [2,106](/filings/0000812011-25-000064.md) | [2,595](/filings/0000812011-26-000049.md) | [3,171](/filings/0000812011-25-000241.md) | [2,928](/filings/0000812011-26-000014.md) | [3,022](/filings/0000812011-26-000026.md) | [3,102](/filings/0000812011-26-000049.md) |
| Current portion of debt | $m | [69.7](/filings/0000812011-24-000206.md) | [69.1](/filings/0000812011-25-000019.md) | [68.5](/filings/0000812011-25-000064.md) | [59.3](/filings/0000812011-25-000104.md) | [57.0](/filings/0000812011-24-000206.md) | [584](/filings/0000812011-25-000019.md) | [590](/filings/0000812011-25-000064.md) | [600](/filings/0000812011-26-000049.md) | [525](/filings/0000812011-25-000241.md) | not reported | not reported | [83.9](/filings/0000812011-26-000049.md) |
| Shareholders' equity | $m | [633](/filings/0000812011-24-000206.md) | [830](/filings/0000812011-25-000019.md) | [1,004](/filings/0000812011-25-000064.md) | [710](/filings/0000812011-25-000104.md) | [430](/filings/0000812011-25-000241.md) | [516](/filings/0000812011-26-000014.md) | [877](/filings/0000812011-26-000026.md) | [424](/filings/0000812011-26-000049.md) | [156](/filings/0000812011-25-000241.md) | [302](/filings/0000812011-26-000014.md) | [552](/filings/0000812011-26-000026.md) | [241](/filings/0000812011-26-000049.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent, us-gaap:LongTermDebt
- Current portion of debt: us-gaap:LongTermDebtCurrent, us-gaap:DebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q1 FY2024 (2023-10-31) | Q2 FY2024 (2024-01-31) | Q3 FY2024 (2024-04-30) | Q4 FY2024 (2024-07-31) | Q1 FY2025 (2024-10-31) | Q2 FY2025 (2025-01-31) | Q3 FY2025 (2025-04-30) | Q4 FY2025 (2025-07-31) | Q1 FY2026 (2025-10-31) | Q2 FY2026 (2026-01-31) | Q3 FY2026 (2026-04-30) | Q4 FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [328](/filings/0000812011-24-000206.md) | [243 d](/filings/0000812011-25-000019.md) | [110 d](/filings/0000812011-25-000064.md) | [(92.0) d](/filings/0000812011-26-000049.md) | [283](/filings/0000812011-25-000241.md) | [326 d](/filings/0000812011-26-000014.md) | [115 d](/filings/0000812011-26-000026.md) | [(170) d](/filings/0000812011-26-000049.md) | [316](/filings/0000812011-25-000241.md) | [260 d](/filings/0000812011-26-000014.md) | [6.8 d](/filings/0000812011-26-000026.md) | [(103) d](/filings/0000812011-26-000049.md) |
| Capital expenditure | $m | [53.4](/filings/0000812011-24-000206.md) | [76.9 d](/filings/0000812011-25-000019.md) | [24.8 d](/filings/0000812011-25-000064.md) | [56.1 d](/filings/0000812011-26-000049.md) | [71.0](/filings/0000812011-25-000241.md) | [75.0 d](/filings/0000812011-26-000014.md) | [33.2 d](/filings/0000812011-26-000026.md) | [55.9 d](/filings/0000812011-26-000049.md) | [71.7](/filings/0000812011-25-000241.md) | [74.9 d](/filings/0000812011-26-000014.md) | [35.1 d](/filings/0000812011-26-000026.md) | [50.0 d](/filings/0000812011-26-000049.md) |
| Dividends paid | $m | [78.5](/filings/0000812011-24-000206.md) | [78.2 d](/filings/0000812011-25-000019.md) | [83.8 d](/filings/0000812011-25-000064.md) | [83.2 d](/filings/0000812011-26-000049.md) | [83.1](/filings/0000812011-25-000241.md) | [82.8 d](/filings/0000812011-26-000014.md) | [82.5 d](/filings/0000812011-26-000026.md) | [79.7 d](/filings/0000812011-26-000049.md) | [79.8](/filings/0000812011-25-000241.md) | [79.1 d](/filings/0000812011-26-000014.md) | [79.1 d](/filings/0000812011-26-000026.md) | [79.1 d](/filings/0000812011-26-000049.md) |
| Share repurchases | $m | [50.0](/filings/0000812011-24-000206.md) | [0.0 d](/filings/0000812011-25-000019.md) | [75.0](/filings/0000812011-25-000064.md) | [25.0 d](/filings/0000812011-26-000049.md) | [20.0](/filings/0000812011-25-000241.md) | [20.0](/filings/0000812011-26-000014.md) | [30.0](/filings/0000812011-26-000026.md) | [200 d](/filings/0000812011-26-000049.md) | [0.0](/filings/0000812011-25-000241.md) | [45.0](/filings/0000812011-26-000014.md) | [0.0 d](/filings/0000812011-26-000026.md) | [0.0 d](/filings/0000812011-26-000049.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2022-10-31) | Q2 FY2023 (2023-01-31) | Q3 FY2023 (2023-04-30) | Q1 FY2024 (2023-10-31) | Q2 FY2024 (2024-01-31) | Q3 FY2024 (2024-04-30) | Q1 FY2025 (2024-10-31) | Q2 FY2025 (2025-01-31) | Q3 FY2025 (2025-04-30) | Q1 FY2026 (2025-10-31) | Q2 FY2026 (2026-01-31) | Q3 FY2026 (2026-04-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [40.3](/filings/0000812011-23-000062.md) | [40.4](/filings/0000812011-24-000019.md) | [39.7](/filings/0000812011-24-000060.md) | [38.1](/filings/0000812011-24-000206.md) | [38.0](/filings/0000812011-25-000019.md) | [37.9](/filings/0000812011-25-000064.md) | [37.5](/filings/0000812011-25-000241.md) | [37.4](/filings/0000812011-26-000014.md) | [37.3](/filings/0000812011-26-000026.md) | [35.9](/filings/0000812011-25-000241.md) | [35.8](/filings/0000812011-26-000014.md) | [35.7](/filings/0000812011-26-000026.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 35,635,298 at 2026-09-23, from the cover of the [10-K filed 2026-09-28](/filings/0000812011-26-000049.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:25 ET. No prices; not investment advice.