Petróleo Brasileiro S.A. - Petrobras revenue and financials

PBR · NYSE · USD

Secondary listing. The primary listing is Petróleo Brasileiro S.A. - Petrobras · B3 (BRL)

$23.80−1.41%−$0.34

Close · October 6, 2026

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%.

Annual revenue · 2025: $497.55B

$81.41B2016
$77.88B2017
$84.64B2018
$76.59B2019
$53.68B2020
$83.97B2021
$124.47B2022
$102.41B2023
$91.42B2024
$497.55B2025

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 BRL; per-share values in BRL; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	169,530	123,686	127,371	127,906	119,128	123,144	121,268	129,582	122,273	117,706	134,258	124,828
Cost of revenue	71,230	64,084	68,878	66,789	62,449	62,435	63,132	63,004	61,226	57,005	61,632	58,513
Gross profit	98,300	59,602	58,493	61,117	56,679	60,709	58,136	66,578	61,047	60,701	72,626	66,315
Selling, general and administrative	11,617	10,486	10,744	10,134	9,910	8,968	8,873	8,884	9,486	8,822	8,832	8,216
Research and development	1,494	1,316	1,272	1,268	1,095	1,179	1,281	1,084	1,008	908	1,061	908
Operating income	75,744	39,514	34,200	46,333	35,323	43,685	17,806	51,958	38,191	47,922	45,577	52,222
EBIT	75,744	39,514	34,200	46,333	35,323	43,685	17,806	51,958	38,191	47,922	45,577	52,222
EBITDA	85,791	49,578	47,993	57,724	45,953	54,222	31,222	61,994	47,020	57,165	57,894	64,517
Interest expense	2,998	3,183	1,030	4,030	3,983	3,731	—	3,890	3,614	3,591	—	4,003
Pre-tax income	70,830	49,136	15,973	44,951	36,040	53,635	-21,766	44,901	-2,853	34,448	40,996	37,786
Income tax	18,335	16,375	320	12,104	9,266	18,304	-4,804	12,225	-338	10,638	9,833	11,026
Net income	52,445	32,663	15,563	32,705	26,652	35,209	-17,044	32,555	-2,605	23,700	31,043	26,625
Net income to common shareholders	52,445	32,663	15,563	32,705	26,652	35,209	-17,044	32,555	-2,605	23,700	31,043	26,625
Basic EPS	4.07	2.53	1.21	2.54	2.07	2.73	-1.32	2.53	-0.20	1.83	2.39	2.04
Diluted EPS	4.07	2.53	1.21	2.54	2.07	2.73	-1.32	2.53	-0.20	1.83	2.39	2.04
Average shares (basic)	12,889	12,889	12,889	12,889	12,889	12,889	12,889	12,889	12,898	12,920	12,966	13,035
Average shares (diluted)	12,889	12,889	12,889	12,889	12,889	12,889	12,889	12,889	12,898	12,920	12,966	13,035
Dividend per share	1.35	0.70	0.68	0.94	0.67	0.91	2.31	1.33	1.05	1.04	2.18	2.04