Jul 2026 (Q4 FY26) — Sep 28, 2026
Vail Resorts Q4 FY26 — Resilience Amidst Challenging Weather, Strategic Investments for Future Growth
Read the full callVail Resorts (MTN) earnings
- Jul 2026
- Jul 2026 (Q4 FY26)
- Jul 2026
Vail Resorts earnings: last reported Mon, 28 Sep 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 278 | +2.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | -75.1 | −1.7 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | -190 | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$150.97 −0.03% · −$0.04
Performance +0.9% 1Y
1Y: $149.58 on 17 Oct 2025 → $150.97. High $161.76 (12 Dec 2025), low $119.02 (24 Apr 2026).
- Previous close
- $151.01
- 52-week range
- $119.02 – $161.76
- One year
- −0.22%
Overview
- Symbol
- MTN
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Call summaries
Apr 2026 (Q3 FY26) — Jun 8, 2026
Vail Resorts Q3 FY26 — Weather Impacts Results, Strategic Initiatives Mitigate Declines
Read the full callJan 2026 (Q2 FY26) — Mar 9, 2026
Vail Resorts Q2 FY26 — Unprecedented Rocky Mountain Weather Impacts Results, Pass Program Provides Stability
Read the full callNews
Latest news
From the news desk, item by item, hours after each call.
Every analysed call
Vail Resorts earnings calls (MTN)
Financials
What the filings say
Net profit, year on year: −5% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 260 | 1,137 | 1,296 | 271 | 271 | 1,084 | 1,205 | 278 |
| Operating profit | -202 | 383 | 578 | -199 | -210 | 345 | 494 | -209 |
| Operating margin | −77.6% | 33.7% | 44.6% | −73.4% | −77.4% | 31.8% | 41.0% | −75.1% |
| Interest | 43 | 43 | 42 | 44 | 51 | 49 | 51 | 54 |
| Profit before tax | -240 | 343 | 541 | -242 | -257 | 298 | 446 | -260 |
| Tax rate | 24.3% | 25.1% | 24.0% | 22.0% | 23.6% | 24.3% | 23.7% | 23.5% |
| Net profit | -173 | 244 | 390 | -181 | -187 | 210 | 314 | -190 |
| EPS ($ per share) | -4.62 | 6.54 | 10.47 | — | -5.20 | 5.87 | 8.82 | — |
| Line item | Jul 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 760 | 646 | 774 | 896 | 874 | 767 | 719 | 549 |
| Total liabilities | 2,699 | 3,713 | 4,422 | 4,471 | 4,612 | 4,662 | 5,024 | 4,969 |
| Fixed assets | 1,843 | 2,193 | 2,068 | 2,118 | 2,372 | 2,419 | 2,375 | 2,340 |
| Investments | — | — | — | — | — | — | 0 | 37 |
| Total assets | 4,426 | 5,244 | 6,251 | 6,318 | 5,948 | 5,687 | 5,778 | 5,526 |
| Line item | Jul 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 634 | 395 | 525 | 710 | 638 | 589 | 555 | 480 |
| Cash from investing | -596 | -493 | -103 | -348 | -273 | -241 | -204 | -266 |
| Cash from financing | -100 | 376 | 435 | -493 | -914 | -577 | -243 | -421 |
| Net cash flow | -67 | 284 | 856 | -132 | -553 | -236 | 119 | -209 |
| Capital expenditure | -192 | -172 | -115 | -193 | -315 | -211 | -235 | -232 |
| Free cash flow | 442 | 223 | 410 | 518 | 323 | 378 | 320 | 248 |
Insider filings
64 filings between Nov 1, 2025 and Sep 30, 2026.
Open market
decisions to buy or sellPurchases
$4.97M
2 purchases by 2 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 34
- Option exercise — converted options into shares
- 28
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| KATZ ROBERT A | $4.94M | — | Mar 16, 2026 |
| Korch Angela A | $25.1K | — | Mar 16, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Tax withheld | 486 | $66.7K |
| Sep 30, 2026 | Vaughn Peter A Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | DeCecco Julie A. GC & Chief Public Affairs Ofc | Tax withheld | 372 | $51.0K |
| Sep 30, 2026 | Korch Angela A EVP & Chief Financial Officer | Option exercise | 1,955 | $0 |
| Sep 30, 2026 | SEWELL D BRUCE Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | Korch Angela A EVP & Chief Financial Officer | Tax withheld | 856 | $117.4K |
| Sep 30, 2026 | Rawlinson Nadia Nicole Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | Knobloch Iris Director | Tax withheld | 88 | $12.1K |
| Sep 30, 2026 | Rock William President, Mountain Division | Option exercise | 1,449 | $0 |
| Sep 30, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Option exercise | 3,768 | $0 |
| Sep 30, 2026 | DeCecco Julie A. GC & Chief Public Affairs Ofc | Option exercise | 1,292 | $0 |
| Sep 30, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Option exercise | 1,689 | $0 |
| Sep 30, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Tax withheld | 1,649 | $226.2K |
| Sep 30, 2026 | Romanow Michele Director | Tax withheld | 77 | $10.6K |
| Sep 30, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Option exercise | 880 | $0 |
| Sep 30, 2026 | Rock William President, Mountain Division | Tax withheld | 417 | $57.2K |
| Sep 30, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Option exercise | 749 | $0 |
| Sep 30, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Tax withheld | 329 | $45.1K |
| Sep 30, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Tax withheld | 386 | $53.0K |
| Sep 30, 2026 | Chambers Reginald Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | Romanow Michele Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | DECKER SUSAN L Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | SCHNEIDER HILARY Director | Option exercise | 1,563 | $0 |
| Sep 30, 2026 | Knobloch Iris Director | Option exercise | 1,563 | $0 |
| Sep 29, 2026 | DeCecco Julie A. GC & Chief Public Affairs Ofc | Tax withheld | 118 | $16.7K |
| Sep 29, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Option exercise | 1,023 | $0 |
| Sep 29, 2026 | DeCecco Julie A. GC & Chief Public Affairs Ofc | Option exercise | 403 | $0 |
| Sep 29, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Tax withheld | 295 | $41.7K |
| Sep 29, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Option exercise | 368 | $0 |
| Sep 29, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Option exercise | 890 | $0 |
| Sep 29, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Tax withheld | 391 | $55.2K |
| Sep 29, 2026 | Korch Angela A EVP & Chief Financial Officer | Tax withheld | 524 | $74.0K |
| Sep 29, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Tax withheld | 163 | $23.0K |
| Sep 29, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Tax withheld | 99 | $14.0K |
| Sep 29, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Option exercise | 222 | $0 |
| Sep 29, 2026 | Korch Angela A EVP & Chief Financial Officer | Option exercise | 1,196 | $0 |
| Sep 29, 2026 | Rock William President, Mountain Division | Option exercise | 839 | $0 |
| Sep 29, 2026 | Rock William President, Mountain Division | Tax withheld | 243 | $34.3K |
| Sep 27, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Tax withheld | 336 | $45.7K |
| Sep 27, 2026 | KATZ ROBERT A CEO & Chairperson of the Board | Option exercise | 1,148 | $0 |
| Sep 27, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Option exercise | 344 | $0 |
| Sep 27, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Option exercise | 1,334 | $0 |
| Sep 27, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Option exercise | 695 | $0 |
| Sep 27, 2026 | Kunkel Lynanne Chief HR & Trnsfrm Ofc | Tax withheld | 390 | $53.1K |
| Sep 27, 2026 | Rock William President, Mountain Division | Option exercise | 1,144 | $0 |
| Sep 27, 2026 | Sullivan Gregory Jon EVP, Retail & Hospitality | Tax withheld | 308 | $41.9K |
| Sep 27, 2026 | Rock William President, Mountain Division | Tax withheld | 334 | $45.5K |
| Sep 27, 2026 | Korch Angela A EVP & Chief Financial Officer | Option exercise | 1,544 | $0 |
| Sep 27, 2026 | Gronberg Nathan Mark VP, Controller & CAO | Tax withheld | 153 | $20.8K |
| Sep 27, 2026 | DeCecco Julie A. GC & Chief Public Affairs Ofc | Option exercise | 586 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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