v3.26.3
Consolidated Statements Of Operations - USD ($)
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
Net revenue:      
Mountain and Lodging services and other $ 2,367,221,000 $ 2,464,910,000 $ 2,388,227,000
Mountain and Lodging retail and dining 464,790,000 499,002,000 492,260,000
Resort net revenue 2,832,011,000 2,963,912,000 2,880,487,000
Real Estate 6,193,000 435,000 4,704,000
Total net revenue 2,838,204,000 2,964,347,000 2,885,191,000
Total segment operating expense      
Mountain and Lodging operating expense 1,485,203,000 1,507,993,000 1,458,369,000
Mountain and Lodging retail and dining cost of products sold 167,960,000 181,988,000 188,054,000
General and administrative 434,006,000 433,714,000 410,027,000
Resort operating expense 2,087,169,000 2,123,695,000 2,056,450,000
Real Estate operating expense 11,985,000 6,213,000 9,514,000
Total segment operating expense 2,099,154,000 2,129,908,000 2,065,964,000
Other operating (expense) income:      
Depreciation and amortization (305,610,000) (296,437,000) (279,073,000)
Gain on sale of real property, net 13,163,000 24,404,000 6,285,000
Change in estimated fair value of contingent consideration (Note 9) (19,239,000) (9,379,000) (47,957,000)
(Loss) gain on disposal of fixed assets and other, net (6,823,000) 6,933,000 (9,633,000)
Income from operations 420,541,000 559,960,000 488,849,000
Interest expense, net (205,623,000) (171,628,000) (164,599,000)
Mountain equity investment income, net 829,000 3,919,000 1,053,000
Investment income and other, net 11,129,000 10,126,000 18,592,000
Foreign currency gain (loss) on intercompany loans (Note 6) 80,000 20,000 (4,140,000)
Income before provision for income taxes 226,956,000 402,397,000 339,755,000
Provision for income taxes (Note 10) (56,212,000) (104,421,000) (92,776,000)
Net income 170,744,000 297,976,000 246,979,000
Net income attributable to noncontrolling interests (23,209,000) (17,972,000) (15,874,000)
Net income attributable to Vail Resorts, Inc. $ 147,535,000 $ 280,004,000 $ 231,105,000
Per share amounts (Note 5):      
Basic net income per share attributable to Vail Resorts, Inc. $ 4.13 $ 7.54 $ 6.10
Diluted net income per share attributable to Vail Resorts, Inc. 4.12 7.53 6.09
Cash dividends declared per share $ 8.88 $ 8.88 $ 8.56