Vail Resorts said Epic Pass sales declined slightly this winter. However, pass revenue is still up thanks to a price increase.

Vail Resorts, the owner of the popular Epic Pass, reported to investors during the company’s 2025 first-quarter earnings call Monday that pass product sales decreased slightly.

Vail Resorts sold fewer passes to its ski areas in the first quarter of fiscal 2025 but brought in 4% more in revenues from pass sales.

Broomfield-based ski resort company Vail Resorts has reported a net third-quarter loss of $172.8 million and a rare decline in Epic pass purchases. Vail Resorts owns and operates 42 ski resorts in four countries, including Vail Mountain, Beaver Creek, Breckenridge, Keystone and Crested Butte in Colorado.

According to Vail Resorts, the Epic Pass is seeing a rare decline, having sold a few thousand less than usual.