Vail Resorts (MTN) Cost of Revenue (2009 - 2025)

Vail Resorts (MTN) has 17 years of Cost of Revenue data on file, last reported at $413.4 million in Q4 2025.

• Quarterly Cost of Revenue rose 2.43% year-over-year to $413.4 million in Q4 2025, while the trailing twelve-month figure through Oct 2025 was $2.1 billion (up 3.74% YoY) and the FY2024 annual result came in at $2.1 billion, changed 0.4% from the prior year.
• Cost of Revenue fell to $413.4 million in Q4 2025, from $650.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $705.6 million in Q1 2023 to a low of $286.7 million in Q4 2021.
• A 5-year average of $479.6 million and a median of $413.4 million in 2025 frame the typical range for Cost of Revenue.
• The widest YoY moves for Cost of Revenue: up 67.97% in 2021, down 24.96% in 2021.
• Tracing MTN's Cost of Revenue over 5 years: stood at $286.7 million in 2021, then surged by 31.71% to $377.6 million in 2022, then increased by 5.97% to $400.1 million in 2023, then increased by 0.87% to $403.6 million in 2024, then grew by 2.43% to $413.4 million in 2025.
• The last three Cost of Revenue figures came in at $413.4 million (Q4 2025), $650.0 million (Q2 2025), and $679.9 million (Q1 2025), per Business Quant data.