VLO Valero Energy

Q3 2025 10-Q

Filed: Oct 23, 2025Period ending Sep 30, 2025

Energy

Petroleum RefiningSEC EDGAR

Valero Energy (VLO) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 23, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

• Revenue $32.2B Q3 2025, down $708M YoY from $32.9B in Q3 2024; 9M 2025 revenue $92.3B, down $6.8B YoY from $99.1B
• Operating income $1.5B Q3 2025 vs $1.0B Q3 2024; Q3 adjusted operating income $1.56B vs $1.05B YoY; 9M adjusted operating income $2.8B vs $3.45B YoY

+3 more insights

Risk Factors

• Carried-forward market risk: volatility in crude oil prices impacting refining margins and earnings stability
• Carried-forward regulatory risk: compliance with evolving environmental regulations including emissions standards

+2 more insights

Quarterly Financial Summary
XBRL

Revenue

$32.2B

▼ -2.2% YoY▲ +7.6% QoQ

Net Income

$1.1B

▲ +200.8% YoY▲ +53.4% QoQ

Net Margin

3.4%

▲ +230bp YoY▲ +102bp QoQ

Source: XBRL data from Valero Energy Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

Get deeper insights on Valero Energy

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.