Geographic Distribution, Domestic was Vail Resorts’s largest region in fiscal 2026, bringing in $2.24B of $2.84B (79%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Geographic Distribution, Domestic | $2.37B | $2.39B | $2.42B | $2.24B | ||||||
| Geographic Distribution, Foreign | $523.02M | $498.44M | $541.10M | $599.96M | ||||||
| Total | $2.89B | $2.89B | $2.96B | $2.84B |
Vail Resorts brought in $2.84B from its two regions in fiscal 2026, the year ended July 31, 2026. That was down 4.3% from $2.96B in fiscal 2025. Geographic Distribution, Domestic was the largest at $2.24B (78.9%), ahead of Geographic Distribution, Foreign at $599.96M (21.1%).
Compared with fiscal 2025, Geographic Distribution, Foreign grew 10.9% to $599.96M, while Geographic Distribution, Domestic fell 7.6% to $2.24B. From fiscal 2023 to 2026, combined revenue from these regions fell from $2.89B to $2.84B, a compound annual decline of 0.6%. Geographic Distribution, Domestic's share of the total fell from 81.9% to 78.9%.
Guarantor Subsidiaries was Vail Resorts’s largest revenue line in fiscal 2014, bringing in $1.25B of $1.25B (100%).
| Legal Entity | FY 2009 | FY 2011 | FY 2014 |
|---|---|---|---|
| Guarantor Subsidiaries | $1.17B | $1.25B | |
| 100% Owned Guarantor Subsidiaries | — | — | |
| Other Subsidiaries | $12.21M | $18.34M | |
| Eliminating Entries | -$11.87M | -$13.40M | |
| Total | $1.17B | $1.25B |
Vail Resorts brought in $1.25B from its three revenue lines in fiscal 2014, the year ended July 31, 2014. That was up 7.5% from $1.17B in fiscal 2011, the previous year with figures. Guarantor Subsidiaries was the largest at $1.25B (99.6%), ahead of Other Subsidiaries at $18.34M (1.5%).
From fiscal 2011 to 2014, combined revenue from these revenue lines grew from $1.17B to $1.25B, a compound annual growth rate of 2.4%. Guarantor Subsidiaries' share held steady at about 99.6%.
The total is net of Eliminating Entries, which took $13.40M off revenue in fiscal 2014.
Vail Resorts (MTN) reports its revenue by geography and by legal entity. In fiscal 2026, Geographic Distribution, Domestic was its largest region, bringing in $2.24B (78.9% of the total), followed by Geographic Distribution, Foreign at $599.96M (21.1%).
Geographic Distribution, Domestic was Vail Resorts' largest region in fiscal 2026, bringing in $2.24B, or 78.9% of the $2.84B total across its two regions.
Guarantor Subsidiaries was Vail Resorts' largest revenue line in fiscal 2014, bringing in $1.25B, or 99.6% of the $1.25B total across its three revenue lines.
Geographic Distribution, Foreign grew faster than Geographic Distribution, Domestic in fiscal 2026, up 10.9% from $541.10M to $599.96M. Geographic Distribution, Domestic fell 7.6% to $2.24B.
Every figure comes from Vail Resorts' annual financial filings, as reported. Each line keeps the name Vail Resorts gives it, and years follow its fiscal calendar.
Vail Resorts' revenue by geography goes back to fiscal 2017, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.