Petrobras Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	89,195	91,416	102,409	124,474
Revenue Growth (YoY)	-2.43%	-10.73%	-17.73%	-
Cost of Revenue	46,736	45,444	48,435	59,486
Gross Profit	42,459	45,972	53,974	64,988
Selling, General & Admin	7,136	6,719	6,632	6,263
Research & Development	864	789	726	792
Exploration Expenses	1,217	913	982	887
Other Operating Expenses	7,129	10,675	7,601	-57,182
Total Operating Expenses	16,346	19,096	15,941	-49,240
Operating Income	26,113	26,876	38,033	114,228
Interest Income	1,438	1,327	1,865	2,083
Interest Expense	-4,314	-5,957	-3,922	-3,500
Other Non-Operating Income (Expense)	3,558	-11,104	-580	-2,172
Total Non-Operating Income (Expense)	682	-15,734	-2,637	-3,589
Pretax Income	26,795	11,142	35,396	53,525
Provision for Income Taxes	7,075	3,537	10,401	16,770
Net Income	19,634	7,528	24,884	36,623
Minority Interest in Earnings	86	77	111	132
Net Income to Common	19,634	7,528	24,884	36,623
Net Income Growth	160.81%	-69.75%	-32.05%	-
Shares Outstanding (Basic)	6,444	6,449	6,511	6,522
Shares Outstanding (Diluted)	6,444	6,449	6,511	6,522
Shares Change (YoY)	-0.08%	-0.95%	-0.17%	-
EPS (Basic)	3.04	1.16	3.82	5.62
EPS (Diluted)	3.04	1.16	3.82	5.62
EPS Growth	162.07%	-69.63%	-32.03%	-
Shares Outstanding	6,444	3,721	3,721	3,721
Free Cash Flow	36,047	37,984	43,212	40,136
Free Cash Flow Growth	-5.10%	-12.10%	7.66%	-
Free Cash Flow Per Share	5.59	5.89	6.64	6.15
Dividends Per Share	3.199	5.734	7.270	17.062
Dividend Growth	-44.20%	-21.13%	-57.39%	-
Gross Margin	47.60%	50.29%	52.70%	52.21%
Operating Margin	29.28%	29.40%	37.14%	91.77%
Profit Margin	22.11%	8.32%	24.41%	29.53%
FCF Margin	40.41%	41.55%	42.20%	32.24%
EBITDA	41,260	39,355	51,313	127,446
EBITDA Margin	46.26%	43.05%	50.11%	102.39%
EBIT	26,113	26,876	38,033	114,228
EBIT Margin	29.28%	29.40%	37.14%	91.77%
Effective Tax Rate	26.40%	31.74%	29.38%	31.33%

Updated Feb 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q