Vail Resorts Q2 net income falls to $210M; cuts FY2026 guidance on historic Rockies drought

VAIL RESORTS INC

2026-Q2 EPS reported $0.65 revenue$1,354,961,000

Q2 net income $210.0M vs $244.4M YoY; Resort EBITDA $421.3M vs $459.7M.
FY2026 guidance cut: net income $144M-$190M, Resort EBITDA $745M-$775M; cites historic Rockies drought.
Season-to-date skier visits down 11.9%; lift revenue down 3.6% despite 3% pass sales growth.
Quarterly dividend $2.22/share payable Apr 9, record Mar 26; FYTD share repurchases $45M at ~$139/share.
CEO: most challenging Rockies winter in >30 yrs with lowest snowfall; cost management partially offset.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VAIL RESORTS INC reported the second quarter of fiscal 2026 ended January 31, 2026 results: net income $210.0 million.

Period: the second quarter of fiscal 2026 ended January 31, 2026
Net income: $210.0 million
Result: reported results

Exact text from the filing

• Q2 fiscal 2026 net income attributable to Vail Resorts, Inc. was $210.0 million compared to $244.4 million in the prior year.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VAIL RESORTS INC reported fiscal 2026 results: net income $144 million to $190 million. Guidance lowered.

Period: fiscal 2026
Net income: $144 million to $190 million
Guidance: lowered
Result: guidance update

Exact text from the filing

The Company reduced its fiscal 2026 guidance and is now expecting net income attributable to Vail Resorts, Inc. of $144 million to $190 million and Resort Reported EBITDA of $745 million to $775 million.

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Source: SEC EDGAR

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