mtn: the income statement

MyFinsight

For the year ending 2025-07-31, MTN made $2,964,347K in revenue. $280,004K in net income. Net profit margin of 9.45%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-07-31
Total net revenue	2,964,347
Mountain and lodging operating expense	1,507,993
Mountain and lodging retail and dining cost of products sold	181,988
General and administrative	433,714
Real estate	6,213
Total segment operating expense	2,129,908
Depreciation and amortization	296,437
Gain on sale of real property	24,404
Change in estimated fair value of contingent consideration (note 9)	9,379
Gain (loss) on disposal of fixed assets and other, net	6,933
Income from operations	559,960
Interest expense, net	171,628
Mountain equity investment income, net	3,919
Investment income and other, net	10,126
Foreign currency gain (loss) on intercompany loans (note 6)	20
Income before provision for income taxes	402,397
Provision for income taxes (note 10)	104,421
Net income	297,976
Net income attributable to noncontrolling interests	17,972
Net income attributable to vail resorts, inc	280,004

Basic net income per share attributable to vail resorts, inc	7.54
Diluted net income per share attributable to vail resorts, inc	7.53
Weighted-average shares outstanding, basic (in shares)	37,155,000
Weighted-average shares outstanding, diluted (in shares)	37,204,000