Vail Resorts, Inc. (MTN) FY2026 Annual P&L / Income Statement

Vail Resorts, Inc. (MTN) FY2026 Annual P&L / Income Statement

Income statement for 2025-08-01 through 2026-07-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net revenue

2,838,204,000 US dollars

Operating costs, net of other operating items (calculated)

2,417,663,000 US dollars

Income from operations

420,541,000 US dollars

Other income (expense), net (calculated)

negative 193,585,000 US dollars

Income before provision for income taxes

226,956,000 US dollars

Provision for income taxes (Note 10)

56,212,000 US dollars

Net income

170,744,000 US dollars

Mountain and Lodging retail and dining

464,790,000 US dollars

Mountain and Lodging services and other

2,367,221,000 US dollars

Real Estate

6,193,000 US dollars

Total segment operating expense

2,099,154,000 US dollars

Depreciation and amortization

305,610,000 US dollars

Change in estimated fair value of contingent consideration (Note 9)

19,239,000 US dollars

(Loss) gain on disposal of fixed assets and other, net

6,823,000 US dollars

Gain on sale of real property, net

negative 13,163,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Vail Resorts, Inc.: $147.54 M; to noncontrolling interests: $23.21 M.