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How Vail Resorts (MTN) makes money

Vail Resorts (MTN) made $278M of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier.

Drawing the Sankey…

Vail Resorts revenue by quarterVail Resorts revenue by quarter$1.1BQ2 FY25$1.3BQ3 FY25$271MQ4 FY25$271MQ1 FY26$1.1BQ2 FY26$1.2BQ3 FY26$278MQ4 FY26

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$278M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$278M+2%
Q3 FY26$1.2B-7%
Q2 FY26$1.1B-5%
Q1 FY26$271M+4%
Q4 FY25$271M+2%
Q3 FY25$1.3B+1%
Q2 FY25$1.1B+6%

From Vail Resorts' 10-K filed Sep 28, 2026 (on EDGAR).

Questions

How does Vail Resorts make money?

Vail Resorts (MTN) made $278M of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.