VALERO ENERGY CORP/TX (VLO) FY2026 Q2 P&L / Income Statement

Revenue by Business Segment by Product and Service

2026-04-01 to 2026-06-30

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VALERO ENERGY CORP/TX (VLO) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETRefining - DistillatesRefining - Gasoline and BlendstocksRefining - Other Product RevenuesRenewable Diesel - Renewable DieselEthanol - EthanolEthanol - Distillers GrainsRenewable Diesel - Neat SAFRenewable Diesel - Renewable NaphthaRevenuesGross profit (calculated)Total cost of salesOperating incomeOperating expenses (calculated)General and administrative expenses (excluding depreciation and amortization expense reflected below)Depreciation and amortization expenseOther operating expensesIncome before income tax expenseOther income (expense), net (calculated)Net incomeIncome tax expenseGross profit (calculated)Gross profit(calculated)$5.47 BIncome before income tax expenseIncome beforeincome tax expense$5.17 BRevenuesRevenues$44.48 BOperating incomeOperating income$5.20 BNet incomeNet income$4.07 BRefining - DistillatesRefining - Distillates$20.69 BOperating expenses (calculated)Operating expenses(calculated)$273.00 MTotal cost of salesTotal cost of sales$39.01 BIncome tax expenseIncome tax expense$1.09 BGeneral and administrative expenses (excluding depreciation and amortization expense reflected below)General andadministrative expenses$233.00 MOther income (expense), net (calculated)Other income,net (calculated)−$29.00 MDepreciation and amortization expenseDepreciation andamortization expense$14.00 MRefining - Gasoline and BlendstocksRefining - Gasoline and Blendstocks$17.42 BOther operating expensesOther operating expenses$26.00 MRefining - Other Product RevenuesRefining - Other Product Revenues$4.20 BRenewable Diesel - Renewable DieselRenewable Diesel - Renewable Diesel$1.06 BEthanol - EthanolEthanol - Ethanol$789.00 MEthanol - Distillers GrainsEthanol - Distillers Grains$211.00 MRenewable Diesel - Neat SAFRenewable Diesel - Neat SAF$80.00 MRenewable Diesel - Renewable NaphthaRenewable Diesel -Renewable Naphtha$39.00 M
Chart details

VALERO ENERGY CORP/TX (VLO) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
44,476,000,000 US dollars
Total cost of sales
39,007,000,000 US dollars
Gross profit (calculated)
5,469,000,000 US dollars
Operating expenses (calculated)
273,000,000 US dollars
Operating income
5,196,000,000 US dollars
Other income (expense), net (calculated)
negative 29,000,000 US dollars
Income before income tax expense
5,167,000,000 US dollars
Income tax expense
1,094,000,000 US dollars
Net income
4,073,000,000 US dollars
Ethanol - Distillers Grains
211,000,000 US dollars
Ethanol - Ethanol
789,000,000 US dollars
Refining - Other Product Revenues
4,195,000,000 US dollars
Refining - Distillates
20,688,000,000 US dollars
Refining - Gasoline and Blendstocks
17,417,000,000 US dollars
Renewable Diesel - Neat SAF
80,000,000 US dollars
Renewable Diesel - Renewable Diesel
1,057,000,000 US dollars
Renewable Diesel - Renewable Naphtha
39,000,000 US dollars
Asset impairment loss
0 US dollars
Other operating expenses
26,000,000 US dollars
General and administrative expenses (excluding depreciation and amortization expense reflected below)
233,000,000 US dollars
Depreciation and amortization expense
14,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to VALERO ENERGY CORP/TX: $3.72 B; to noncontrolling interests: $353.00 M.
VALERO ENERGY CORP/TX (VLO) FY2026 Q2 P&L / Income Statement Sankey chart, Segments by Product and Service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

12.3%

Gross profit / revenue

Operating margin

11.7%

Operating profit / revenue

Cash conversion

137.0%

Operating cash / net income, same period

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