← PETROBRAS - PETROLEO BRASILEIRO SA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $81.4b
$88.8b +9.12%
$95.6b +7.61%
$76.6b -19.87%
$53.7b -29.91%
$84.0b +56.41%
$124.5b +48.24%
$102.4b -17.73%
$91.4b -10.73%
$89.2b -2.43%
$104.2b +16.85%
Cost of Goods and Services Sold $55.4b
$60.1b +8.54%
$61.5b +2.28%
$45.7b -25.66%
$29.2b -36.16%
$43.2b +47.85%
$59.5b +37.81%
$48.4b -18.58%
$45.4b -6.18%
($46.7b) -202.84%
$51.3b +209.84%
Cost of sales ($55.4b)
($60.1b) -8.54%
($61.5b) -2.28%
($45.7b) +25.66%
($29.2b) +36.16%
($43.2b) -47.85%
($59.5b) -37.81%
($48.4b) +18.58%
($45.4b) +6.18%
($46.7b) -2.84%
$51.3b +209.84%
Gross Profit $26.0b
$28.7b +10.36%
$34.1b +18.78%
$30.9b -9.42%
$24.5b -20.64%
$40.8b +66.62%
$65.0b +59.28%
$54.0b -16.95%
$46.0b -14.83%
$42.5b -7.64%
$52.9b +24.57%
Research and Development Expense $523.0m $572.0m $642.0m $576.0m $355.0m ($563.0m) $792.0m $726.0m $789.0m $864.0m $1.0b
General and administrative expenses ($3.3b) ($2.9b) ($2.5b) ($2.1b) ($1.1b) ($1.2b) ($1.3b) ($1.6b) ($1.8b) ($1.9b) $5.9b
Operating expenses:
Other Operating Income Expense $424.0m ($272.0m) $75.0m $241.0m $40.0m ($24.0m) ($248.0m) ($206.0m) ($21.0m) — —
Interest Expense On Lease Liabilities — — — $1.5b $1.3b $1.2b — — — — $4.0b
Interest Income $1.1b $1.0b $3.2b $1.3b $551.0m $821.0m $1.8b $2.2b $2.0b $1.5b $2.4b
Other Income — — — $688.0m $270.0m $506.0m $673.0m $512.0m $447.0m — —
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ($218.0m) $673.0m $523.0m $153.0m ($659.0m) $1.6b $251.0m ($304.0m) ($627.0m) ($52.0m) —
Other income and expenses, net — ($5.5b) ($5.8b) $1.2b $998.0m $653.0m $1.8b ($4.0b) ($7.9b) ($4.8b) —
Income before net finance income, results of equity-accounted investments and income taxes $4.3b $11.2b $17.4b $20.6b $10.1b $37.6b $57.1b $38.0b $26.9b $26.1b —
Net income before income taxes ($3.7b) $2.0b $12.1b $12.0b ($226.0m) $28.2b $53.5b $35.4b $11.1b $26.8b —
Current Tax Expense (Income) ($1.6b) ($1.4b) ($3.9b) ($1.4b) ($569.0m) ($4.2b) ($15.9b) ($9.5b) ($7.6b) — —
Deferred Tax Expense (Income) — $52.0m — — — — — ($9.9b) ($548.0m) — —
Deferred Tax Expense (Income) Recognised In Profit Or Loss — — — — — $611.0m — — — — —
Income taxes ($684.0m) ($1.8b) ($4.7b) ($4.2b) $1.2b ($8.2b) ($16.8b) ($10.4b) ($3.5b) ($7.1b) —
Net income for the year ($4.3b) $169.0m $7.4b $10.4b $948.0m $20.0b $36.8b $25.0b $7.6b $19.7b —
Net Income Attributable to Noncontrolling Interest $489.0m $260.0m $241.0m $212.0m ($193.0m) $111.0m $132.0m $111.0m $77.0m $86.0m —
Basic Earnings (Loss) Per Share — — — $0.78 $0.09 $1.52 $2.81 $1.91 $0.58 $1.52 $3.96
Diluted Earnings (Loss) Per Share — — — — — — — $1.91 $0.58 — $3.96
Additional Financial Items
Applicable Tax Rate — — — $0 $0 — — — — — —
Average Effective Tax Rate — — $0 $0 $5 ($0) $0 — — — —
Depreciation And Amortisation Expense $14.0b $13.3b $12.0b — — — — — — — —
Employee Benefits Expense — — — — — — — $4.5b $4.6b — —
Expense From Share-Based Payment Transactions With Employees $10.0b $9.0b $8.8b — — — — — — — —
Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used — — — $674.0m $118.0m $110.0m — — — — —
Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities — — — $671.0m $785.0m $898.0m $1.1b $1.1b $1.0b — —
Finance Costs $7.0b $7.4b $5.8b $7.1b $6.0b ($5.2b) $3.5b $3.9b $6.0b — —
Finance Income $1.1b $1.0b $3.2b $1.3b $551.0m $821.0m $1.8b $2.2b $2.0b $1.5b —
Impairment Loss Recognised In Profit Or Loss Goodwill — $0 $0 $0 — — — — — — —
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill ($3.0m) ($33.0m) — ($1.0m) ($12.0m) $1.0m ($1.0m) ($364.0m) — — —
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss $6.2b $1.2b $2.0b $2.8b $7.3b $3.2b $1.3b $2.7b $1.5b — —
Other Employee Expense — — — — — $852.0m — — — — —
Postemployment Benefit Expense Defined Benefit Plans $2.3b $2.7b $2.1b — $889.0m $2.1b $1.2b $1.2b $2.2b — —
Postemployment Benefit Expense Defined Contribution Plans — — — — — $23.0m — — — — —
Profit Loss Attributable To Noncontrolling Interests $489.0m $260.0m $241.0m $212.0m ($193.0m) $111.0m $132.0m $111.0m $77.0m $86.0m —
Profit Loss Attributable To Owners Of Parent ($4.8b) ($91.0m) $7.2b $10.2b $1.1b $19.9b $36.6b $24.9b $7.5b $19.6b —
Profit Loss Before Tax ($3.7b) $2.0b $12.1b $12.0b ($226.0m) $28.2b $53.5b $35.4b $11.1b $26.8b —
Profit Loss From Operating Activities $4.3b $11.2b $17.4b $20.6b $10.1b $37.6b $57.1b $38.0b $26.9b $26.1b —
Selling Expense $4.0b $4.5b $4.6b $4.5b $4.9b ($4.2b) $4.9b $5.0b $4.9b $5.2b —
Exploration costs ($1.8b) ($800.0m) ($524.0m) ($799.0m) ($803.0m) ($687.0m) ($887.0m) ($982.0m) ($913.0m) ($1.2b) —
Other taxes ($714.0m) ($1.8b) ($752.0m) ($619.0m) ($952.0m) ($406.0m) ($439.0m) ($890.0m) ($1.3b) ($768.0m) $2.0b
Impairment of assets, net ($6.2b) ($1.2b) ($2.0b) ($2.8b) ($7.3b) $3.2b ($1.3b) ($2.7b) ($1.5b) ($1.5b) —
Finance expenses ($7.0b) ($7.4b) ($5.8b) ($7.1b) ($6.0b) ($5.2b) ($3.5b) ($3.9b) ($6.0b) ($4.3b) —
Foreign exchange gains (losses) and inflation indexation charges ($1.9b) ($3.5b) ($3.2b) ($3.0b) ($4.2b) ($6.6b) ($2.2b) ($580.0m) ($11.1b) $3.6b —
Net finance income (expense) ($7.8b) ($9.9b) ($5.9b) ($8.8b) ($9.6b) ($11.0b) ($3.8b) ($2.3b) ($15.1b) $734.0m —
Results of equity-accounted investments ($218.0m) $673.0m $523.0m $153.0m ($659.0m) $1.6b $251.0m ($304.0m) ($627.0m) ($52.0m) —
Total Income (expenses) ($21.7b) ($17.5b) ($16.6b) ($10.2b) ($14.4b) ($3.2b) ($7.9b) ($15.9b) ($19.1b) ($16.3b) —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.