Earnings ·
Vail Resorts reports $147.5M fiscal 2026 net income, down from $280.0 million prior year
MTNVail Resorts Inc
Vail Resorts reported fiscal 2026 net income of $147.5 million, down from $280.0 million in the prior year, driven by historically low snowfall and snowpack that reduced visitation by 13.4% and Resort Reported EBITDA to $745.7 million from $844.1 million. The company declared a quarterly cash dividend of $2.22 per share, payable October 27, 2026, to shareholders of record as of October 8, 2026. Fiscal 2027 guidance projects net income between $158 million and $233 million and Resort Reported EBITDA of $805 million to $865 million. Season pass sales for the upcoming North American ski season decreased approximately 12% through mid-September compared to the prior year. Vail Resorts operates a network of destination and close-to-home ski resorts in North America, Europe, and Australia.