VLO Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), VLO reported revenue of $44.5B, gross profit of $5.5B (12.3% gross margin), operating income of $5.2B, and net income of $4.1B (9.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

VLO was profitable; revenue grew 38.3% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+38.3%+282.1%+5.8 pp

Consensus estimate data is not available for this report.

VLO Q2 2026 Income Statement

VLO Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$44.5B100%
Cost of Revenue−$39.0B87.7%
Gross Profit$5.5B12.3%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$273M0.6%
Operating Income$5.2B11.7%
Other Income, net−$29M0.1%
Income Tax Expense−$1.1B2.5%
Net Income$4.1B9.2%

Source: original SEC filing (filed 2026-07-30). Accession 0001628280-26-050822. Data normalized by EarningsFyi.