Filing Flows › Vail Resorts (MTN) › Q4 FY26 › vs Q3 FY26
Vail Resorts (MTN) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Vail Resorts's revenue fell $927M (-77%) from $1.2B in Q3 FY26 to $278M in Q4 FY26.
Vail Resorts, Q4 FY26: revenue $278M (+2% year over year), operating margin -75.1%, net loss $199M, operating cash flow −$103M. The chart draws each line against Q3 FY26, the increases inside each band.
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $278M | $1.2B | −$927M | -77% |
| Income tax benefit | $61.1M | −$106M | $167M | — |
| Net loss | $199M | −$340M | $539M | — |
| Costs & expenses | $538M | $1.2B | −$667M | -55% |
| Operating costs | $487M | $711M | −$224M | -32% |
| Interest & other, net | $51.1M | $48.3M | $2.9M | +6% |
| Operating cash sources | $199M | −$340M | $539M | — |
| Depreciation & amortization | $80.9M | $77.2M | $3.7M | +5% |
| Share-based compensation | $7.5M | $7.4M | $76K | +1% |
| Working capital & other | $7.4M | −$418M | $425M | — |
| Cash used in operations | $103M | −$6.8M | $110M | — |
| Net loss absorbed | $199M | −$340M | $539M | — |
Questions
How much did Vail Resorts's revenue grow quarter over quarter in Q4 FY26?
Vail Resorts's revenue fell $927M (-77%) from $1.2B in Q3 FY26 to $278M in Q4 FY26.