VALVOLINE INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $544.6M | $503.8M | $461.8M | $453.8M | $439.0M | $403.2M | $414.3M | $435.5M |
| Cost of Revenue | $329.7M | $316.8M | $289.3M | $276.3M | $261.4M | $252.7M | $261.4M | $265.2M |
| Gross Profit | $214.9M | $187.0M | $172.5M | $177.5M | $177.6M | $150.5M | $152.9M | $170.3M |
| Gross Margin | 39.5% | 37.1% | 37.4% | 39.1% | 40.5% | 37.3% | 36.9% | 39.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $103.0M | $98.7M | $106.8M | $103.1M | $82.8M | $83.6M | $80.4M | $81.1M |
| Operating Income | $112.2M | $86.0M | $18.3M | $84.5M | $94.7M | $66.9M | $143.8M | $134.6M |
| Operating Margin | 20.6% | 17.1% | 4.0% | 18.6% | 21.6% | 16.6% | 34.7% | 30.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $85.6M | $59.5M | $-6.0M | $37.2M | $77.0M | $50.9M | $127.2M | $115.3M |
| Income Tax Expense | $20.6M | $14.2M | $26.2M | $11.6M | $20.0M | $12.6M | $33.3M | $26.2M |
| Net Income | $64.5M | $44.8M | $-32.8M | $25.0M | $56.5M | $37.6M | $91.6M | $92.3M |
| Net Margin | 11.8% | 8.9% | -7.1% | 5.5% | 12.9% | 9.3% | 22.1% | 21.2% |
| EPS (Basic) | $0.51 | $0.35 | $-0.26 | $0.21 | $0.44 | $0.29 | $0.71 | $0.72 |
| EPS (Diluted) | $0.51 | $0.35 | $-0.26 | $0.20 | $0.44 | $0.29 | $0.71 | $0.70 |
| Shares Outstanding (Basic) | 127.8M | 127.8M | 127.7M | 127.9M | 127.6M | 127.6M | 128.7M | 130.1M |
| Shares Outstanding (Diluted) | 128.4M | 128.4M | 127.7M | 128.6M | 128.2M | 128.2M | 129.5M | 131.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |