Petróleo Brasileiro S.A. - Petrobras revenue and financials
Secondary listing. The primary listing is Petróleo Brasileiro S.A. - Petrobras · B3 (BRL)
$23.80Change from previous close: −1.41%Absolute change: −$0.34
In the fiscal year ended December 2025, Petróleo Brasileiro S.A. - Petrobras reported revenue of $497.55B (+444.27% year over year). Net income was $110.13B, a net margin of 22.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +444.27%
- 2025 vs 2024
- Net income growth
- +1,362.93%
- 2025 vs 2024
- Net margin
- 22.1%
- 2024: 8.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 200,333 | 37,984 | 43,212 | 49,717 | 37,791 | 28,890 | 25,600 | 26,353 | 27,112 | 26,114 |
| Depreciation and amortization | 87,969 | 74,129 | 69,327 | 71,876 | 54,320 | — | — | 12,028 | 13,307 | 13,965 |
| Capital expenditure | -108,714 | -79,856 | -60,315 | -49,656 | -34,134 | — | — | -12,021 | -13,639 | -14,085 |
| Investing cash flow | -86,114 | -72,363 | -39,495 | -4,377 | 11,073 | — | — | — | — | — |
| Financing cash flow | -97,122 | -179,974 | -153,435 | -264,156 | -220,297 | — | — | — | — | — |
| Dividends paid | -35,656 | -42,956 | -97,925 | -194,200 | -72,153 | — | — | — | — | — |
| Share repurchases | 0.0 | -1,919 | -3,644 | 0.0 | — | — | — | — | — | — |
| Debt issued | 5,320 | 2,129 | 2,210 | 2,880 | — | — | — | — | — | — |
| Debt repaid | -12,735 | -14,431 | -10,479 | -14,764 | — | — | — | — | — | — |
| Effect of exchange rates | -1,743 | 6,941 | -2,876 | -3,636 | 3,650 | — | — | — | — | — |
| Net change in cash | 15,354 | -41,359 | 19,890 | -16,759 | -2,448 | — | — | — | — | — |
| Free cash flow | 91,619 | 124,181 | 155,381 | 205,754 | 168,992 | — | — | — | — | — |
| Levered free cash flow | 85,002 | 101,608 | 151,033 | 234,829 | 98,256 | — | — | — | — | — |