What is Valero Energy's deferred contract costs?

Valero Energy (VLO) reported deferred contract costs of $7.20B in Q1 2026.

What does deferred contract costs mean?

Capitalized costs related to long-term service contracts that will be recognized as expenses in future periods.

Discontinued — last reported Q3 '21

Non-Current Assets

Deferred contract costs

Valero Energy Deferred contract costs increased by 0.6% to $7.20B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryGrowth

SignalContext dependent

VolatilityModerate

First reportedQ4 2020

Last reportedQ3 2021

How to read this metric

An increase suggests high investment in new long-term client engagements, while a decrease may indicate lower new business activity or accelerated amortization.

Detailed definition

These represent costs incurred to fulfill a contract that are expected to be recovered over a period exceeding one year....

Peer comparison

Common in IT services and consulting firms; peers often report this as 'Contract Acquisition Costs' or 'Deferred Implementation Costs'.

Metric ID: non_current_assets_deferred_costs

Historical Data

3 periods

	Q4 '24	Q4 '25	Q1 '26
Value	$7.09B	$7.16B	$7.20B
QoQ Change	—	+1.0%	+0.6%
YoY Change	—	+1.0%	—

Range$7.09B – $7.20B

Avg YoY Growth+1.0%

Median YoY Growth+1.0%

Current Streak2+ quarters growth

Frequently Asked Questions

What is Valero Energy's deferred contract costs?: Valero Energy (VLO) reported deferred contract costs of $7.20B in Q1 2026.
What does deferred contract costs mean?: Capitalized costs related to long-term service contracts that will be recognized as expenses in future periods.