FINHUB Insights

VLO · Q3 FY25 · Jul 1 – Sep 30, 2025

Valero Energy Q3 FY25: where the revenue came from and where it went

Valero Energy Q3 FY25: revenue $32.2B (−2% year over year). Net profit $1.1B. Largest cohort Refining $30.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 23, 2025 10-Q
Sankey diagram of Valero Energy's income statement for Q3 FY25: revenue of $32.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$32.2B −2% year over year
Gross profit$1.8B 6% margin
Operating profit$1.5B 5% margin
Net profit$1.1B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 32.2 100% −2%
Refining 30.4 94% −3%
Ethanol 1 3% +13%
Renewable Diesel 0.7 2% +14%
Cost of revenue−30.494%
Gross profit1.86% margin+3pp
G&A−0.21%+0pp
Other−00%+0pp
Operating profit1.55% margin+3pp
Tax−0.4
Net profit1.13%+2pp
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.

Older quarters