Vail Resorts annual operating expenses
2009
2010
2011
2012
2013
2014
2022
2023
2024
2025
Vail Resorts Operating Expenses Growth & History (MTN)
Vail Resorts's operating expenses was $730.2M for fiscal 2025.
View full Vail Resorts company overviewVail Resorts annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-07-31 | $730.2M | $41.1M | +5.96% |
| 2024 | 2024-07-31 | $689.1M | $30.5M | +4.62% |
| 2023 | 2023-07-31 | $658.6M | $58.8M | +9.80% |
| 2022 | 2022-07-31 | $599.9M | — | — |
| 2014 | 2014-07-31 | $1.14B | $113.5M | +11.09% |
| 2013 | 2013-07-31 | $1.02B | $58.8M | +6.09% |
| 2012 | 2012-07-31 | $965.1M | −$107.5M | −10.02% |
| 2011 | 2011-07-31 | $1.07B | $247.1M | +29.93% |
| 2010 | 2010-07-31 | $825.5M | −$72.7M | −8.10% |
| 2009 | 2009-07-31 | $898.2M | — | — |
Vail Resorts quarterly operating expenses
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-04-30 | $179.8M | −$2.3M | −1.26% |
| Q2 2026 | 2026-01-31 | $196.0M | — | — |
| Q1 2026 | 2025-10-31 | $183.5M | — | — |
| Q4 2025 | 2025-07-31 | $183.4M | — | — |
| Q3 2025 | 2025-04-30 | $182.1M | — | — |
| Q3 2015 | 2015-04-30 | $351.6M | $11.7M | +3.45% |
| Q2 2015 | 2015-01-31 | $370.2M | $28.1M | +8.23% |
| Q1 2015 | 2014-10-31 | $238.0M | $12.5M | +5.57% |
| Q4 2014 | 2014-07-31 | $230.0M | $33.6M | +17.12% |
| Q3 2014 | 2014-04-30 | $339.9M | $35.5M | +11.68% |
| Q2 2014 | 2014-01-31 | $342.0M | $25.5M | +8.07% |
| Q1 2014 | 2013-10-31 | $225.5M | $18.8M | +9.12% |
| Q4 2013 | 2013-07-31 | $196.4M | $1.9M | +0.97% |
| Q3 2013 | 2013-04-30 | $304.3M | $23.6M | +8.41% |
| Q2 2013 | 2013-01-31 | $316.5M | $27.4M | +9.47% |
| Q1 2013 | 2012-10-31 | $206.6M | $5.9M | +2.94% |
| Q4 2012 | 2012-07-31 | $194.5M | $8.0M | +4.27% |
| Q3 2012 | 2012-04-30 | $280.7M | −$1.9M | −0.67% |
| Q2 2012 | 2012-01-31 | $289.1M | −$8.9M | −2.99% |
| Q1 2012 | 2011-10-31 | $200.7M | −$104.7M | −34.27% |
| Q4 2011 | 2011-07-31 | $186.5M | — | — |
| Q3 2011 | 2011-04-30 | $282.6M | — | — |
| Q2 2011 | 2011-01-31 | $298.0M | — | — |
| Q1 2011 | 2010-10-31 | $305.4M | — | — |
Vail Resorts operating expenses trends
Between the periods ended 2009-07-31 and 2025-07-31, Vail Resorts's operating expenses decreased from $898.2M to $730.2M, a change of −$168.1M. The latest reported quarter, Q3 2026, shows $179.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vail Resorts source filings ↗