Vail Resorts FY2026 net income falls to $147.5M; FY2027 EBITDA guidance set at $805M-$865M

VAIL RESORTS INC

2026-FY EPS reported $4.12 revenue$2,838,204,000

FY2026 net income attributable to Vail Resorts was $147.5M vs $280.0M a year earlier; Resort Reported EBITDA fell 11.7% to $745.7M, including $11M of one-time transformation costs.
FY2026 Resort Net Revenue dropped 4.5% ($131.9M) on historically poor Rockies/Tahoe weather; visitation -13.4%, lift revenue -3.5%, pass revenue +3.9%.
Season pass units through Sept 18, 2026 fell ~12%, days sold ~10% and sales dollars ~6% YoY, with weakness concentrated in Destination frequency products.
FY2027 outlook: net income of $158M-$233M and Resort Reported EBITDA of $805M-$865M (including ~$14M one-time costs), implying ~26.9% margin at the midpoint.
Dividend held at $2.22/share, payable Oct 27, 2026 to holders of record Oct 8; net debt 3.9x TTM Total Reported EBITDA and liquidity ~$0.8B.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.