Petróleo Brasileiro S.A. - Petrobras revenue and financials
R$59.31Change from previous close: −1.80%Absolute change: −R$1.09
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%.
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 BRL; per-share values in BRL; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 12,250 | 43,975 | 54,916 | 53,655 | 7,531 | — | — | — | — | — |
| Depreciation and amortization | 21,512 | 21,464 | 24,916 | 22,268 | 20,714 | 3,247 | 22,833 | — | 16,486 | — |
| Capital expenditure | -23,040 | -4,506 | -35,618 | -4,887 | -4,084 | -23,297 | -25,910 | -24,637 | -15,260 | — |
| Investing cash flow | -5,705 | -3,572 | -6,546 | -25,937 | -2,561 | -10,235 | — | — | -10,461 | — |
| Financing cash flow | -33,841 | -24,953 | -6,027 | -17,595 | -15,493 | -31,444 | — | — | — | — |
| Dividends paid | -7,629 | -2,210 | -1,496 | -10,982 | -9,558 | — | — | — | -37,454 | -17,182 |
| Share repurchases | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | -1,147 |
| Debt issued | 3,091 | 6,948 | 5.0 | 2,243 | 14,508 | 3,009 | — | 5,465 | — | — |
| Debt repaid | -26,459 | -3,123 | -21,936 | -15,053 | -3,349 | -15,014 | — | — | — | -14,510 |
| Effect of exchange rates | 50.0 | -289 | -82.0 | -625 | 60.0 | -953 | 1,915 | -200 | — | 1,617 |
| Net change in cash | -734 | -1,314 | -2,411 | 9,498 | 11,217 | — | -27,113 | 3,538 | — | -3,924 |
| Free cash flow | 7,691 | 3,843 | 3,574 | 4,969 | 3,447 | — | — | — | — | — |
| Levered free cash flow | — | — | 21,799 | 22,011 | 22,057 | — | 20,089 | 29,947 | — | — |