Valero Energy Q3 FY26: where the revenue came from and where it went
The whole income statement of Valero Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2026
- Reported
- Oct 28, 2026
Revenue$46.10B
+43% year over year
Gross profit$9.41B
20% margin
Operating profit$9.07B
20% margin
Net profit$6.83B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 46.10 | 100% | +43% |
| Cost of revenue | −36.69 | 80% | |
| Gross profit | 9.41 | 20% margin | +15pp |
| G&A | −0.31 | 1% | +0pp |
| Other | −0.03 | 0% | +0pp |
| Operating profit | 9.07 | 20% margin | +15pp |
| Interest & other costs | −0.18 | ||
| Tax | −2.07 | ||
| Net profit | 6.83 | 15% margin | +11pp |
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