Vail Resorts (MTN) earnings history
Most recent quarter
- Fiscal period
- Q4 2026
- Period end
- Jul 31, 2026
- EPS actual
- −$5.34
- EPS estimate
- −$5.35
- EPS surprise
- +0.11%
- Revenue surprise
- +3.26%
- Revenue
- $278.1M
- Revenue estimate
- $269.3M
- Reported
- Sep 28, 2026
Vail Resorts reported fiscal Q4 2026 results on September 28, 2026, for the quarter ended July 31, 2026. It posted a loss of $5.34 per share, in line with the expected loss of $5.35, a 0.11% beat. Revenue was $278.1 million, 3.26% above the $269.3 million consensus. Compared with fiscal Q4 2025, the loss widened from $5.08 per share, while revenue rose about 2.5% from $271.3 million.
The table shows a strongly seasonal business. Fiscal Q2 and Q3 bring revenue of about $0.9 billion to $1.3 billion and large profits, while Q1 and Q4 bring revenue under $300 million and losses every year. The Q4 2026 loss is the widest in the table. Annual EPS was $8.49 in fiscal 2022, $6.59 in 2023, $6.03 in 2024 and $7.41 in 2025, then fell about 44% to $4.14 in fiscal 2026. Vail beat the EPS estimate in 7 of the last 20 quarters and missed it in the other 13.
Vail reported fiscal Q1 between December 7 and December 10 in each of the past five years. That points to early or mid December 2026 for the next report, the first of fiscal 2027.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q4 2026 | Sep 28, 2026 | −$5.35 | −$5.34 | +0.11% | $278.1M | SEC |
| Q3 2026 | Jun 8, 2026 | $8.95 | $8.81 | −1.59% | $1.2B | SEC |
| Q2 2026 | Mar 9, 2026 | $6.15 | $5.87 | −4.55% | $1.1B | SEC |
| Q1 2026 | Dec 10, 2025 | −$5.16 | −$5.20 | −0.75% | $271.0M | SEC |
| Q4 2025 | Sep 29, 2025 | −$4.72 | −$5.08 | −7.54% | $271.3M | SEC |
| Q3 2025 | Jun 5, 2025 | $10.04 | $10.54 | +4.94% | $1.3B | SEC |
| Q2 2025 | Mar 10, 2025 | $6.43 | $6.56 | +2.09% | $1.1B | SEC |
| Q1 2025 | Dec 9, 2024 | −$5.00 | −$4.61 | +7.84% | $260.3M | SEC |
| Q4 2024 | Sep 26, 2024 | −$4.23 | −$4.67 | −10.51% | $265.4M | SEC |
| Q3 2024 | Jun 6, 2024 | $10.00 | $9.54 | −4.61% | $1.3B | SEC |
| Q2 2024 | Mar 11, 2024 | $6.04 | $5.76 | −4.67% | $1.1B | SEC |
| Q1 2024 | Dec 7, 2023 | −$4.59 | −$4.60 | −0.17% | $258.6M | SEC |
| Q4 2023 | Sep 28, 2023 | −$3.28 | −$3.35 | −2.27% | $269.8M | SEC |
| Q3 2023 | Jun 8, 2023 | $8.67 | $8.18 | −5.70% | $1.2B | SEC |
| Q2 2023 | Mar 9, 2023 | $6.11 | $5.16 | −15.59% | $1.1B | SEC |
| Q1 2023 | Dec 8, 2022 | −$3.36 | −$3.40 | −1.22% | $279.4M | SEC |
| Q4 2022 | Sep 28, 2022 | −$2.92 | −$2.70 | +7.57% | $267.1M | SEC |
| Q3 2022 | Jun 9, 2022 | $9.06 | $9.16 | +1.09% | $1.2B | SEC |
| Q2 2022 | Mar 14, 2022 | $5.72 | $5.47 | −4.35% | $906.5M | SEC |
| Q1 2022 | Dec 9, 2021 | −$3.62 | −$3.44 | +5.00% | $175.6M | SEC |
Quarterly revenue
Frequently asked questions
When did Vail Resorts (MTN) last report earnings?
Vail Resorts last reported on Sep 28, 2026, covering fiscal Q4 2026.
Did MTN beat earnings estimates?
Yes. Vail Resorts reported EPS of −$5.34 for Q4 2026 against a −$5.35 estimate — a 0.11% beat.
How much revenue did MTN report last quarter?
Vail Resorts reported $278.1M in revenue for Q4 2026, against a consensus estimate of $269.3M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
