FINHUB Insights

VLO · Q2 FY25 · Apr 1 – Jun 30, 2025

Valero Energy Q2 FY25: where the revenue came from and where it went

Valero Energy Q2 FY25: revenue $29.9B (−13% year over year). Net profit $0.7B. Largest cohort Refining $28.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 24, 2025 10-Q
Sankey diagram of Valero Energy's income statement for Q2 FY25: revenue of $29.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$29.9B −13% year over year
Gross profit$1.2B 4% margin
Operating profit$1B 3% margin
Net profit$0.7B 2% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 29.9 100% −13%
Refining 28.3 95% −14%
Ethanol 1 3% +12%
Renewable Diesel 0.6 2% +2%
Cost of revenue−28.696%
Gross profit1.24% margin+0pp
G&A−0.21%+0pp
Other−00%+0pp
Operating profit13% margin+0pp
Tax−0.3
Net profit0.72%+0pp
Filing on EDGAR More quarters of VLO

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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