FINHUB Insights

VLO · Q1 FY26 · Mar 31, 2026

Valero Energy Q1 FY26: where the revenue came from and where it went

Valero Energy Q1 FY26: revenue $32.4B (+7% year over year). Net profit $1.3B. Largest cohort Refining $30.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
Apr 30, 2026 10-Q
Sankey diagram of Valero Energy's income statement for Q1 FY26: revenue of $32.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$32.4B +7% year over year
Gross profit$2.1B 6% margin
Operating profit$1.7B 5% margin
Net profit$1.3B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 32.4 100% +7%
Refining 30.8 95% +7%
Ethanol 0.9 3% −14%
Renewable Diesel 0.7 2% +44%
Cost of revenue−30.394%
Gross profit2.16% margin+5pp
G&A−0.31%+0pp
Other−00%+0pp
Operating profit1.75% margin+8pp
Tax−0.3
Interest & other costs−0.1
Net profit1.34%+6pp
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