Vail Resorts, Inc.
MTN
Jodie read · what matters now
Revenue decreased 7.0% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to MTN, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-06-08 against the comparable filing from 2025-06-05.
What improved
No thresholded improvement was identified.
What weakened
- Revenue decreased 7.0% versus the comparable filing period.
- Operating margin fell 3.6 percentage points.
- Net income decreased 19.3% versus the comparable filing period.
Filing receipts
“Other expenses decreased $12.6 million, or 3.2%, primarily due to decreased variable expenses associated with decreased revenues, including dining cost of sales ($4.3 million), supplies ($2.9 million), repairs and maintenance ($1.5 million) and fuel ($1.4 million), as well as a decrease in pass partnership expense ($3.4 million).”
“Other expense decreased $6.8 million, or 4.7%, primarily driven by decreased variable costs associated with the decreased revenue, primarily supplies ($1.5 million), dining cost of sales ($1.4 million), variable rent ($0.7 million) and professional services ($0.6 million).”
“Lodging Reported EBITDA decreased $9.9 million, or 52.8%, primarily due to decreased demand, including the impact of decreased skier visitation driven by challenging weather conditions and delayed openings, which drove a decrease in revenue from both our managed condominium and owned hotel rooms, as well as a decrease in dining and transportation revenue, partially offset by increased demand for lodging and park visitation at GTLC ($2.1 million) driven by favorable weather conditions.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind MTN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
No filing peers are available for this name yet.
You can see the shape of the network here. Pro opens the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
MTN is currently a Early Follower in the organic co-movement group Healthcare Investment Firms. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.