Monitor the company's next quarterly report in June 2026 for a comprehensive update on pass sales and full financial results, which will provide a clearer picture of the fiscal year's final performance.
Price Chart
Executive Summary
Vail Resorts reported significantly weaker ski season metrics for the 2025-2026 season, with total skier visits down 14.9% and lift revenue down 5.6% compared to the prior year, due to record low snowfall and warm temperatures. As a result, the company now expects its Resort Reported EBITDA for fiscal 2026 to be at the low end of its prior guidance.
Key Facts
- Total skier visits were down 14.9% compared to the prior year period.
- Total lift revenue, including allocated season pass revenue, was down 5.6%.
- Ski school revenue was down 12.0% and dining revenue was down 11.7%.
- Retail/rental revenue was down 6.6%.
- The company attributes the decline to record low snowfall and historically warm temperatures in the western U.S.
- Vail Resorts now expects Resort Reported EBITDA for fiscal 2026 to be at or around the low end of its guidance range issued on March 9, 2026.
Financial Impact
Revenue and visitation metrics declined significantly across all major categories (lift, ski school, dining, retail/rental) due to adverse weather conditions.
Risk Factors
- Continued adverse weather conditions could further impact the company's financial performance.
- The company's EBITDA is now expected to be at the lower end of its guidance range.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000812011-26-000024 |
| Document: pressrelease20260423.htm | 0000812011-26-000024 |
| Document: 0000812011-26-000024-index-headers.html | 0000812011-26-000024 |
| Document: 0000812011-26-000024-index.html | 0000812011-26-000024 |
| Document: 0000812011-26-000024.txt | 0000812011-26-000024 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | DEFA14A | $140.09 $139.80 | ▲ +0.21% | ▼ −0.01% | $141.16 (−0.76%) |
Sep 2, 2026 4w ago | 8-K | $136.06 $140.09 | ▲ +2.96% | ▲ +4.11% | $141.16 (+3.75%) |
Jun 8, 2026 16w ago | 8-K | $131.26 $134.40 | ▼ −2.39% | ▲ +0.02% | $141.16 (−7.54%) |
Apr 23, 2026 23w ago | 8-K | $123.43 $122.16 | ▲ +1.03% | ▲ +2.51% | $141.16 (−14.36%) |
Mar 16, 2026 28w ago | Insider Cluster | $131.72 $129.37 | ▼ −1.78% | ▲ +0.26% | $141.16 (+7.16%) |
US Market Status
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