Revenue
278 million USD
2026 Q4 · USD
Fundies. English
Vail Resorts, Inc.
EDGARAnnual consolidated revenue for 2026: about USD 2.838B, using the latest reported figures. The previous period, 2025, was about USD 2.964B.
Latest quarter
Operating margin
-75.09%
2026 Q4 · %
Operating cash flow
-103 million USD
2026 Q4 · USD
- Cash and cash equivalents
- 231 million USD Source
Exact value
231349000 USD
- Long-term debt including current maturities
- 3.18 billion USD Source
Exact value
3184094000 USD
- Shares outstanding
- Not available
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
2.84 billion USD
2025-08-01 – 2026-07-31
Exact inputs and evidence
Net income
148 million USD
2025-08-01 – 2026-07-31
Exact inputs and evidence
Operating cash flow
480 million USD
2025-08-01 – 2026-07-31
Exact inputs and evidence
- Operating cash flow: 315943000 USD · 2025-08-01 – 2025-10-31 Source
- Operating cash flow: 575850000 USD · 2025-08-01 – 2026-01-31 Source
- Operating cash flow: 315943000 USD · 2025-08-01 – 2025-10-31 Source
- Operating cash flow: 582666000 USD · 2025-08-01 – 2026-04-30 Source
- Operating cash flow: 575850000 USD · 2025-08-01 – 2026-01-31 Source
- Operating cash flow: 479626000 USD · 2025-08-01 – 2026-07-31 Source
- Operating cash flow: 582666000 USD · 2025-08-01 – 2026-04-30 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-19.
Financial data available through: 2026-07-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2026-07-31
- Operating income: 11 of 11 periods available· newest 2026-07-31
- Net income: 11 of 11 periods available· newest 2026-07-31
- Operating cash flow: 11 of 11 periods available· newest 2026-07-31
- capital expenditure: No compatible figures in this window
- Total assets: 11 of 11 periods available· newest 2026-07-31
- Total liabilities: 11 of 11 periods available· newest 2026-07-31
- Current assets: 11 of 11 periods available· newest 2026-07-31
- Current liabilities: 11 of 11 periods available· newest 2026-07-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2026-07-31
- Long-term debt including current maturities: 11 of 11 periods available· newest 2026-07-31
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-4.3%Prior period
USD 2.96 billion
–
Current period
USD 2.84 billion
–
Exact inputs and evidence
2838204000 − 2964347000 = -126143000 USD
2964347000 USD · 2024-08-01 – 2025-07-31
Inspect prior input Prior source2838204000 USD · 2025-08-01 – 2026-07-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-47.3%Prior period
USD 280 million
–
Current period
USD 147.54 million
–
Exact inputs and evidence
147535000 − 280004000 = -132469000 USD
280004000 USD · 2024-08-01 – 2025-07-31
Inspect prior input Prior source147535000 USD · 2025-08-01 – 2026-07-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-13.6%Prior period
USD 554.87 million
–
Current period
USD 479.63 million
–
Exact inputs and evidence
479626000 − 554870000 = -75244000 USD
554870000 USD · 2024-08-01 – 2025-07-31
Inspect prior input Prior source479626000 USD · 2025-08-01 – 2026-07-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2026 2025-08-01 – 2026-07-31
- Revenue USD 2.84 billion 100% of revenue
- Operating costs Derived USD 2.42 billion 85% of revenue
- Operating income USD 420.54 million 15% of revenue
- Tax, interest and other Derived USD 273.01 million 9.6% of revenue
- Net income USD 147.54 million 5.2% of revenue
Cash
- Operating cash flow USD 479.63 million 17% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2017 11%80%
- 2018 19%80%
- 2019 13%79%
- 2020 89%
- 2021 86%
- 2022 14%10%76%
- 2023 9.2%83%
- 2024 83%
- 2025 9.4%9.4%81%
- 2026 9.6%85%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2017 2016-08-01 – 2017-07-31 | 1907218000 | 1527962000 Derived | 379256000 | 168703000 Derived | 210553000 | Unavailable | Source
|
| 2018 2017-08-01 – 2018-07-31 | 2011553000 | 1602736000 Derived | 408817000 | 28919000 Derived | 379898000 | Unavailable | Source
|
| 2019 2018-08-01 – 2019-07-31 | 2271575000 | 1795306000 Derived | 476269000 | 175106000 Derived | 301163000 | Unavailable | Source
|
| 2020 2019-08-01 – 2020-07-31 | 1963704000 | 1740315000 Derived | 223389000 | 124556000 Derived | 98833000 | Unavailable | Source
|
| 2021 2020-08-01 – 2021-07-31 | 1909710000 | 1648694000 Derived | 261016000 | 133166000 Derived | 127850000 | Unavailable | Source
|
| 2022 2021-08-01 – 2022-07-31 | 2525912000 | 1924184000 Derived | 601728000 | 253805000 Derived | 347923000 | Unavailable | Source
|
| 2023 2022-08-01 – 2023-07-31 | 2889364000 | 2384944000 Derived | 504420000 | 238595000 Derived | 265825000 | Unavailable | Source
|
| 2024 2023-08-01 – 2024-07-31 | 2885191000 | 2396342000 Derived | 488849000 | 257744000 Derived | 231105000 | Unavailable | Source
|
| 2025 2024-08-01 – 2025-07-31 | 2964347000 | 2404387000 Derived | 559960000 | 279956000 Derived | 280004000 | Unavailable | Source
|
| 2026 2025-08-01 – 2026-07-31 | 2838204000 | 2417663000 Derived | 420541000 | 273006000 Derived | 147535000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 2.8B 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Revenue | 1907218000 |
|
| 2018 | Revenue | 2011553000 |
|
| 2019 | Revenue | 2271575000 |
|
| 2020 | Revenue | 1963704000 |
|
| 2021 | Revenue | 1909710000 |
|
| 2022 | Revenue | 2525912000 |
|
| 2023 | Revenue | 2889364000 |
|
| 2024 | Revenue | 2885191000 |
|
| 2025 | Revenue | 2964347000 |
|
| 2026 | Revenue | 2838204000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-4.3% 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Year over year | 19.1% |
|
| 2018 | Year over year | 5.5% |
|
| 2019 | Year over year | 12.9% |
|
| 2020 | Year over year | -13.6% |
|
| 2021 | Year over year | -2.7% |
|
| 2022 | Year over year | 32.3% |
|
| 2023 | Year over year | 14.4% |
|
| 2024 | Year over year | -0.1% |
|
| 2025 | Year over year | 2.7% |
|
| 2026 | Year over year | -4.3% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 14.8% 2026
Net margin 5.2% 2026
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Operating margin | 19.9% |
|
| 2018 | Operating margin | 20.3% |
|
| 2019 | Operating margin | 21% |
|
| 2020 | Operating margin | 11.4% |
|
| 2021 | Operating margin | 13.7% |
|
| 2022 | Operating margin | 23.8% |
|
| 2023 | Operating margin | 17.5% |
|
| 2024 | Operating margin | 16.9% |
|
| 2025 | Operating margin | 18.9% |
|
| 2026 | Operating margin | 14.8% |
|
| 2017 | Net margin | 11% |
|
| 2018 | Net margin | 18.9% |
|
| 2019 | Net margin | 13.3% |
|
| 2020 | Net margin | 5% |
|
| 2021 | Net margin | 6.7% |
|
| 2022 | Net margin | 13.8% |
|
| 2023 | Net margin | 9.2% |
|
| 2024 | Net margin | 8% |
|
| 2025 | Net margin | 9.4% |
|
| 2026 | Net margin | 5.2% |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
| 2026 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 479.6M 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Operating cash flow | 470983000 |
|
| 2018 | Operating cash flow | 548486000 |
|
| 2019 | Operating cash flow | 634231000 |
|
| 2020 | Operating cash flow | 394950000 |
|
| 2021 | Operating cash flow | 525250000 |
|
| 2022 | Operating cash flow | 710499000 |
|
| 2023 | Operating cash flow | 637855000 |
|
| 2024 | Operating cash flow | 589022000 |
|
| 2025 | Operating cash flow | 554870000 |
|
| 2026 | Operating cash flow | 479626000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
| 2026 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
89.9% 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Liabilities / assets | 56.2% |
|
| 2018 | Liabilities / assets | 55.4% |
|
| 2019 | Liabilities / assets | 61% |
|
| 2020 | Liabilities / assets | 70.8% |
|
| 2021 | Liabilities / assets | 70.7% |
|
| 2022 | Liabilities / assets | 70.8% |
|
| 2023 | Liabilities / assets | 77.5% |
|
| 2024 | Liabilities / assets | 82% |
|
| 2025 | Liabilities / assets | 87% |
|
| 2026 | Liabilities / assets | 89.9% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.8× 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Current assets / current liabilities | 0.72× |
|
| 2018 | Current assets / current liabilities | 0.91× |
|
| 2019 | Current assets / current liabilities | 0.73× |
|
| 2020 | Current assets / current liabilities | 1.1× |
|
| 2021 | Current assets / current liabilities | 1.78× |
|
| 2022 | Current assets / current liabilities | 1.61× |
|
| 2023 | Current assets / current liabilities | 1.07× |
|
| 2024 | Current assets / current liabilities | 0.82× |
|
| 2025 | Current assets / current liabilities | 0.63× |
|
| 2026 | Current assets / current liabilities | 0.8× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2017 2016-08-01 – 2017-07-31 | USD 210.55 million Exact valueExact value: 210553000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 470.98 million Exact valueExact value: 470983000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2017-08-01 – 2018-07-31 | USD 379.9 million Exact valueExact value: 379898000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 548.49 million Exact valueExact value: 548486000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2018-08-01 – 2019-07-31 | USD 301.16 million Exact valueExact value: 301163000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 634.23 million Exact valueExact value: 634231000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2019-08-01 – 2020-07-31 | USD 98.83 million Exact valueExact value: 98833000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 394.95 million Exact valueExact value: 394950000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2020-08-01 – 2021-07-31 | USD 127.85 million Exact valueExact value: 127850000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 525.25 million Exact valueExact value: 525250000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2021-08-01 – 2022-07-31 | USD 347.92 million Exact valueExact value: 347923000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 710.5 million Exact valueExact value: 710499000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2022-08-01 – 2023-07-31 | USD 265.83 million Exact valueExact value: 265825000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 637.86 million Exact valueExact value: 637855000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-08-01 – 2024-07-31 | USD 231.11 million Exact valueExact value: 231105000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 589.02 million Exact valueExact value: 589022000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2024-08-01 – 2025-07-31 | USD 280 million Exact valueExact value: 280004000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 554.87 million Exact valueExact value: 554870000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2026 2025-08-01 – 2026-07-31 | USD 147.54 million Exact valueExact value: 147535000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 479.63 million Exact valueExact value: 479626000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
145 filings · 5,655 latest values · 5,655 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000812011, 812011, MTN, edgar:812011
Also known as GILLETT HOLDINGS INC, VAIL RESORTS INC, VAIL RESORTS, INC., Vail Resorts, Inc.