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

Vail Resorts' Cost of Revenue history runs 17 years deep, the most recent figure standing at $413.4 million for Q4 2025.

• On a quarterly basis, Cost of Revenue rose 2.43% year-over-year to $413.4 million in Q4 2025; TTM through Oct 2025 was $2.1 billion, a 3.74% increase from a year earlier, with the FY2024 full-year figure at $2.1 billion, changed 0.4% from the prior year.
• Cost of Revenue was $413.4 million for Q4 2025 at Vail Resorts, down from $650.0 million in the prior quarter.
• Over the last five years, Cost of Revenue for MTN reached as high as $705.6 million in Q1 2023 and fell as low as $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.
• Peak annual rise in Cost of Revenue reached 67.97% in 2021, while the deepest fall reached 24.96% in 2021.
• Tracing MTN's Cost of Revenue over 5 years: stood at $286.7 million in 2021, then jumped by 31.71% to $377.6 million in 2022, then grew by 5.97% to $400.1 million in 2023, then grew by 0.87% to $403.6 million in 2024, then climbed by 2.43% to $413.4 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $413.4 million, $650.0 million, and $679.9 million for Q4 2025, Q2 2025, and Q1 2025 respectively.