Vail Resorts Q3 net income falls 19.3% to $314.4M; cuts FY 2026 guidance

VAIL RESORTS INC

Net income $314.4M vs $389.7M; Resort EBITDA $586.4M vs $647.7M.
FY 2026 guidance lowered: net income $128M-$162M; Resort EBITDA $735M-$755M.
Resort net revenue down 7.0% ($90.4M); lift revenue down 5% on 15% visitation drop.
Season pass sales for upcoming season down 10% in units, 8% in days, 5% in dollars.
Dividend $2.22/share declared, payable July 9 to record June 25.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VAIL RESORTS INC reported fiscal year ending July 31, 2026 results: net income $128 million to $162 million. Guidance lowered.

Period: fiscal year ending July 31, 2026
Net income: $128 million to $162 million
Guidance: lowered
Result: guidance update

Exact text from the filing

The Company now expects fiscal 2026 Net Income and Resort EBITDA as follows: • Net income attributable to Vail Resorts, Inc. of $128 million to $162 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VAIL RESORTS INC reported three and nine months ended April 30, 2026 results: net income $314.4 million.

Period: three and nine months ended April 30, 2026
Net income: $314.4 million
Result: preliminary results

Exact text from the filing

Q3 fiscal 2026 net income attributable to Vail Resorts, Inc. was $314.4 million compared to $389.7 million in the prior year.

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Source: SEC EDGAR

accession 0000812011-26-000025

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