Petróleo Brasileiro S.A. - Petrobras (PBR) — Financial statements
Income statement, balance sheet, and cash flow for Petróleo Brasileiro S.A. - Petrobras — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 90,807↓0.7% | 91,416↓13.4% | 105,542↓15.2% | 124,474↑48.2% | 83,966 | |
| Cost of Revenue | 47,553↑4.6% | 45,444↓8.9% | 49,898↓16.1% | 59,486↑37.8% | 43,164 | |
| Gross Profit | 43,254↓5.9% | 45,972↓17.4% | 55,644↓14.4% | 64,988↑59.3% | 40,802 | |
| Operating Expenses | ||||||
| R&D Expenses | 879↑11.4% | 789↑5.8% | 746↓5.8% | 792↑40.7% | 563 | |
| General & Administrative Expenses | 7,333↓18.8% | 9,033↑451.1% | 1,639↓76.6% | 7,004↑3.3% | 6,782 | |
| Selling & Marketing Expenses | 4,385 | 0.00↓100.0% | 5,187 | 0.00 | 0.00 | |
| SG&A Expenses | 11,718↑29.7% | 9,033↑32.3% | 6,826↓2.5% | 7,004↑3.3% | 6,782 | |
| Other Expenses | 4,665↓55.4% | 10,459↑1708.8% | 578↓85.3% | 3,927↑59.9% | 2,456 | |
| Operating Expenses | 17,261↓14.9% | 20,281↑148.8% | 8,151↓30.5% | 11,723↑19.6% | 9,801 | |
| Total Costs & Expenses | 64,814↓1.4% | 65,725↑13.2% | 58,049↓18.5% | 71,209↑34.4% | 52,965 | |
| Operating Results | ||||||
| Operating Income | 25,993↑1.2% | 25,691↓45.9% | 47,493↓10.8% | 53,265↑71.8% | 31,001 | |
| Depreciation & Amortization | 15,402↑23.4% | 12,479↑40.6% | 8,878↓32.8% | 13,218↑13.0% | 11,695 | |
| EBITDA | 43,016↑56.6% | 27,462↓46.1% | 50,917↓27.2% | 69,933↑55.8% | 44,897 | |
| EBIT | 27,615↑84.3% | 14,983↓64.4% | 42,040↓25.9% | 56,715↑70.8% | 33,202 | |
| Interest & Other Income | ||||||
| Net Interest Income | 279↑116.6% | -1,680↓20.2% | -1,397↑18.1% | -1,706↑42.5% | -2,966 | |
| Interest Income | 408↓72.7% | 1,497↓9.4% | 1,653↑43.4% | 1,153↑264.7% | 316 | |
| Interest Expense | 129↓95.9% | 3,178↑4.2% | 3,051↑6.7% | 2,859↓12.9% | 3,282 | |
| Non-Operating Income | -1,622↓115.1% | 10,708↑96.3% | 5,454↑258.1% | -3,450↓56.7% | -2,201 | |
| Other Income / Expenses | 1,493↑110.3% | -14,549↓33.4% | -10,907↓4295.2% | 260↑109.4% | -2,776 | |
| Income Before Tax | 27,486↑146.7% | 11,142↓69.5% | 36,586↓31.6% | 53,525↑89.6% | 28,225 | |
| Income Tax Expense | 7,299↑106.4% | 3,537↓67.2% | 10,784↓35.7% | 16,770↑103.5% | 8,239 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 20,186↑165.4% | 7,605↓70.5% | 25,802↓29.8% | 36,755↑83.9% | 19,986 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 20,099↑167.0% | 7,528↓70.7% | 25,686↓29.9% | 36,623↑84.3% | 19,875 | |
| Bottom-Line Net Income | 20,099↑167.0% | 7,528↓70.7% | 25,686↓29.9% | 36,623↑84.3% | 19,875 | |
| EPS (Basic) | 3.12↑169.0% | 1.16↓70.7% | 3.96↓29.5% | 5.62↑84.9% | 3.04 | |
| EPS (Diluted) | 3.12↑169.0% | 1.16↓70.7% | 3.96↓29.5% | 5.62↑84.9% | 3.04 | |
| Weighted Average Shares | 6,444↓0.0% | 6,447↓0.4% | 6,471↓0.8% | 6,522↑0.0% | 6,522 | |
| Weighted Average Diluted Shares | 6,444↓0.0% | 6,447↓0.4% | 6,471↓0.8% | 6,522↑0.0% | 6,522 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.