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

- Company: VALERO ENERGY CORP/TX (VLO)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0001628280-26-050937
- Page: https://plicit.ai/financials/vlo/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/vlo-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

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.

## Chart details: Revenue by Business Segment (3 categories)

- Page: https://plicit.ai/financials/vlo/fy2026-q2-income-statement/revenue-by-business-segment-3-categories
- Chart image: https://plicit.ai/charts/vlo-fy2026-q2-revenue-by-business-segment-3-categories-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Business segment (3 categories). 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
- **Refining**: 42,300,000,000 US dollars
- **Renewable Diesel**: 1,176,000,000 US dollars
- **Ethanol**: 1,000,000,000 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
- **Refining costs (calculated)**: 37,832,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Renewable Diesel costs (calculated)**: 1,965,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Ethanol costs (calculated)**: 993,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: negative 1,510,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.

## Chart details: Revenue by Business Segment (6 categories)

- Page: https://plicit.ai/financials/vlo/fy2026-q2-income-statement/revenue-by-business-segment-6-categories
- Chart image: https://plicit.ai/charts/vlo-fy2026-q2-revenue-by-business-segment-6-categories-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Business segment (6 categories). 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
- **Refining**: 42,302,000,000 US dollars
- **Renewable Diesel**: 2,682,000,000 US dollars
- **Ethanol**: 1,311,000,000 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
- **Revenue before reconciliation (calculated)**: 46,295,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Refining**: negative 2,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Renewable Diesel**: negative 1,506,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Ethanol**: negative 311,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Refining costs (calculated)**: 37,832,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Renewable Diesel costs (calculated)**: 1,965,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Ethanol costs (calculated)**: 993,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: negative 1,510,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to VALERO ENERGY CORP/TX: $3.72 B; to noncontrolling interests: $353.00 M.