Valero Energy Total Cost of Revenue increased by 6.5% to $30.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $29.75B to $30.33B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows relatively stable performance with a 1.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.
Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...
Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.
total_cost_of_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.04B | $28.60B | $33.99B | $36.92B | $45.16B | $40.43B | $37.07B | $32.13B | $31.53B | $34.63B | $33.54B | $29.78B | $33.05B | $32.12B | $30.13B | $29.75B | $28.64B | $30.40B | $28.47B | $30.33B |
| QoQ Change | — | +5.8% | +18.8% | +8.6% | +22.3% | -10.5% | -8.3% | -13.3% | -1.9% | +9.9% | -3.2% | -11.2% | +11.0% | -2.8% | -6.2% | -1.2% | -3.7% | +6.1% | -6.3% | +6.5% |
| YoY Change | — | — | — | — | +67.0% | +41.4% | +9.1% | -13.0% | -30.2% | -14.3% | -9.5% | -7.3% | +4.8% | -7.3% | -10.2% | -0.1% | -13.3% | -5.4% | -5.5% | +1.9% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Refining | $31.82B | $30.77B | $28.90B | $28.15B | $27.06B | $28.80B | $26.97B | $28.98B |
| Renewable Diesel | $1.07B | $1.19B | $1.08B | $1.04B | $1.18B | $1.23B | $1.30B | $1.28B |
| Ethanol | $1.02B | $994.00M | $1.09B | $1.21B | $1.15B | $1.11B | $1.14B | $1.08B |
| Total | $33.05B | $32.12B | $30.13B | $29.75B | $28.64B | $30.40B | $28.47B | $30.33B |