Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE: PBR · Real-Time Price · USD
17.93
+0.04 (0.22%)
Aug 14, 2026, 3:53 PM EDT - Market open
Petrobras Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 107,583 | 110,129 | 36,606 | 124,606 | 188,328 | 106,668 |
Depreciation & Amortization | 89,362 | 87,969 | 74,129 | 69,327 | 71,876 | 54,320 |
Other Amortization | 906 | 836 | 705 | 499 | 376 | 292 |
Loss (Gain) From Sale of Assets | -194 | -126 | -1,171 | -6,511 | -5,883 | -10,669 |
Asset Writedown & Restructuring Costs | 3,903 | 6,315 | 4,224 | 11,576 | 6,393 | -7,089 |
Loss (Gain) on Equity Investments | 684 | 242 | 3,467 | 1,480 | -1,291 | -8,427 |
Provision & Write-off of Bad Debts | 509 | 440 | 1,536 | 205 | 331 | -187 |
Other Operating Activities | 21,118 | 20,062 | 104,596 | 33,154 | 42,861 | 109,804 |
Change in Accounts Receivable | -4,827 | -2,608 | 9,207 | 672 | 1,891 | -10,783 |
Change in Inventory | -6,890 | -4,918 | -1,560 | 7,926 | -6,029 | -12,651 |
Change in Accounts Payable | 7,337 | 5,574 | 5,439 | -4,741 | -2,223 | 5,667 |
Change in Income Taxes | 2,685 | - | - | - | -12,903 | 3,234 |
Change in Other Net Operating Assets | -27,206 | -23,582 | -33,141 | -22,497 | -28,317 | -27,053 |
Operating Cash Flow | 194,970 | 200,333 | 204,037 | 215,696 | 255,410 | 203,126 |
Operating Cash Flow Growth | -5.76% | -1.81% | -5.41% | -15.55% | 25.74% | 37.15% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -109,151 | -108,714 | -79,856 | -60,315 | -49,656 | -34,134 |
Sale of Property, Plant & Equipment | 2,132 | 3,550 | 4,381 | 18,232 | 24,815 | 25,494 |
Investment in Securities | 10,013 | 16,204 | 374 | 117 | -17,210 | -130 |
Other Investing Activities | 2,315 | 2,846 | 2,738 | 2,471 | 37,674 | 19,843 |
Investing Cash Flow | -94,691 | -86,114 | -72,363 | -39,495 | -4,377 | 11,073 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 29,628 | 12,027 | 10,716 | 15,156 | 9,647 |
Long-Term Debt Repaid | - | -71,066 | -78,605 | -52,415 | -75,386 | -144,949 |
Net Debt Issued (Repaid) | -38,932 | -41,438 | -66,578 | -41,699 | -60,230 | -135,302 |
Repurchase of Common Stock | - | - | -1,919 | -3,644 | - | - |
Common Dividends Paid | -30,708 | -35,656 | -42,956 | -97,925 | -194,200 | -72,153 |
Other Financing Activities | -11,442 | -10,479 | -11,172 | -10,167 | -9,726 | -12,842 |
Financing Cash Flow | -90,631 | -97,122 | -179,974 | -153,435 | -264,156 | -220,297 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2,314 | -1,743 | 6,941 | -2,876 | -3,636 | 3,650 |
Net Cash Flow | 7,334 | 15,354 | -41,359 | 19,890 | -16,759 | -2,448 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 85,819 | 91,619 | 124,181 | 155,381 | 205,754 | 168,992 |
Free Cash Flow Growth | -27.14% | -26.22% | -20.08% | -24.48% | 21.75% | 43.05% |
Free Cash Flow Margin | 17.23% | 18.41% | 25.30% | 30.35% | 32.09% | 37.33% |
Free Cash Flow Per Share | 6.66 | 7.11 | 9.63 | 11.93 | 15.77 | 12.96 |
Levered Free Cash Flow | 82,933 | 85,002 | 101,608 | 151,033 | 234,829 | 98,256 |
Unlevered Free Cash Flow | 83,033 | 85,445 | 103,534 | 154,081 | 243,448 | 108,756 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 10,466 | 10,311 | 10,276 | 9,900 | 9,664 | 12,155 |
Cash Income Tax Paid | 27,807 | 28,108 | 36,400 | 50,712 | 59,147 | 11,651 |
Change in Working Capital | -28,901 | -25,534 | -20,055 | -18,640 | -47,581 | -41,586 |