Petróleo Brasileiro S.A. - Petrobras revenue and financials

PETR3 · B3 · BRL

R$59.31−1.80%−R$1.09

Close · October 6, 2026

In the fiscal year ended December 2025, Petróleo Brasileiro S.A. - Petrobras reported revenue of $89.2B (−2.43% year over year). Net income was $110.13B, a net margin of 123.5%.

Annual revenue · 2025: $89.2B

$81.41B2016
$77.88B2017
$84.64B2018
$76.59B2019
$53.68B2020
$83.97B2021
$124.47B2022
$102.41B2023
$91.42B2024
$89.2B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: −2.43%; 2025 vs 2024
Net income growth: +1,362.93%; 2025 vs 2024
Net margin: 123.5%; 2024: 8.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	89,195	91,416	102,409	124,474	83,966	53,683	76,589	84,638	77,884	81,405
Cost of revenue	260,551	45,444	48,435	59,486	43,164	29,195	45,732	52,184	51,198	55,417
Gross profit	236,998	45,972	53,974	64,988	40,802	24,488	30,857	32,454	26,686	25,988
Selling, general and administrative	44,129	9,033	8,061	33,357	31,512	32,336	—	23,671	25,494	—
Research and development	864	789	726	792	563	355	-576	641	572	523
Operating income	27,758	26,876	38,033	57,114	37,584	10,063	20,614	16,788	10,553	4,308
EBIT	30,891	155,877	203,938	56,715	—	80,307	77,770	—	—	47,096
EBITDA	208,144	27,462	247,005	69,933	—	134,464	—	—	—	105,326
Interest expense	708	5,957	3,922	3,500	5,150	6,004	-7,086	5,675	7,006	6,958
Pre-tax income	26,795	54,730	35,396	53,525	—	37.0	—	—	—	—
Income tax	39,994	3,537	10,401	16,770	8,239	-1,174	4,200	4,256	1,697	-684
Net income	110,129	7,528	24,884	36,623	19,875	1,141	10,151	7,173	-91.0	-4,838
Net income to common shareholders	19,634	7,528	124,606	188,328	—	—	30,009	—	—	—
Basic EPS	1.52	0.58	1.91	2.81	1.52	0.09	0.78	0.55	-0.03	-1.14
Diluted EPS	8.54	0.58	1.91	2.81	1.52	0.54	2.30	—	—	-1.14
Average shares (basic)	12,889	12,899	13,022	13,044	—	—	13,044	13,044	—	—
Average shares (diluted)	12,889	12,899	13,022	13,044	—	13,044	—	—	—	—
Dividend per share	3.20	5.73	7.27	17.06	7.77	0.79	0.93	—	—	—