"Chief executive Rob Katz described the winter as 'the most challenging across the Rockies that we have ever experienced,' citing the lowest snowfall in more than 30 years at resorts in Colorado and Utah. Limited terrain and warm temperatures reduced visits and spending across the company's destination resorts."
"The company posted net income of $210 million for Q2 2026, down -14.1% last year. Meanwhile, Q2 2026 EBITDA fell -8.3% to $421.3 million from last year's $459.7 million. Revenues for Q2 declined by -4.7% year-on-year, while lift revenues were down only -2.9% despite visitation being down -12.5%."
"Season-to-date metrics through March 1 showed that skier visits were down -11.9% compared with the same period last year. Lift revenue until March 1 declined only 3.6%, while other resort revenue, such as ski school revenues and dining were harder hit, seeing declines of -8.2% and -8.6%, respectively."
Vail Resorts reported Q2 2026 earnings significantly impacted by the lowest snowfall in over 30 years at Colorado and Utah resorts. Net income fell 14.1% to $210 million, while EBITDA declined 8.3% to $421.3 million. Total revenues decreased 4.7% year-over-year, with visitation down 12.5%. Lift revenues declined only 2.9% due to increased season pass sales, but ski school revenues fell 9.3% and rentals dropped 6.8%. Season-to-date metrics through March 1 showed skier visits down 11.9%, with accelerating revenue declines in ancillary services. The company revised full-year guidance to net income of $144-190 million and EBITDA of $745-775 million.
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