Petroleo Brasileiro S.A. - Petrobras
Financial Performance
Petrobras Revenue & Financials
Revenue
~$89.6B (FY2025)
Market Cap
$131B
Net Income
~$19.8B
Employees
50,687
What is Petrobras's revenue?
Petrobras had ~$89.6B in revenue for fiscal year 2025, up 1.4% from 2024. Net income was ~$19.8B.
- Latest revenue
- ~$89.6B (FY2025)
- Year-over-year
- +1.4%
- Growth rate (CAGR)
- 2.4% over 4 years
- Peak revenue
- ~$115.4B (FY2022)
- Years of data
- 5
- Employees
- 50,687
- How much profit does Petrobras make?
- Petrobras reported net income of ~$19.8B for fiscal year 2025. stockanalysis.com
- How many employees does Petrobras have?
- Petrobras has about 50,687 employees.
Financial Analysis
Petrobras's results track Brent prices, production volumes and the Brazilian real. FY2025 sales revenues fell to $89.2 billion from $91.4 billion in 2024, while net income attributable to shareholders rose to $19.6 billion from $7.5 billion. Q2 2026 was stronger: net income of R$52.4 billion ($10.4 billion), adjusted EBITDA of R$93.8 billion ($18.6 billion), operating cash flow of $12.3 billion and gross debt of $70.8 billion, below the $75 billion ceiling in its business plan. The board approved ~$3.13 billion (R$17.4 billion) of dividends and interest on equity for the quarter. Government influence over fuel pricing and dividend policy remains the main source of valuation discount.
Revenue Trend Analysis
YoY Change
+1.4%
4-Year CAGR
+2.4%
Peak Year
2022
Trend
Mostly Growing
Petroleo Brasileiro S.A. - Petrobras has 5 full fiscal year figures on this page, compounding at +2.4% annually over 4 years. The most recent year saw a 1.4% increase versus the prior year. Annual revenue peaked in fiscal year 2022 at ~$115.4B. Of 4 comparable year-over-year steps, 2 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$89.6B | ~$19.8B | +1.4% | Petróleo Brasileiro S.A. - Petrobras (BVMF:PETR4) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-12-31. |
| FY2024 | ~$88.3B | ~$6.6B | -4.1% | Petróleo Brasileiro S.A. - Petrobras (BVMF:PETR4) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-12-31. |
| FY2023 | ~$92.2B | ~$22.4B | -20.2% | Petróleo Brasileiro S.A. - Petrobras (BVMF:PETR4) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-12-31. |
| FY2022 | ~$115.4B | ~$33.9B | +41.7% | Petróleo Brasileiro S.A. - Petrobras (BVMF:PETR4) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-12-31. |
| FY2021 | ~$81.5B | ~$19.2B | — | Petróleo Brasileiro S.A. - Petrobras (BVMF:PETR4) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-12-31. |
Click any row to see year details.
Keep researching Petrobras
Petrobras Revenue and Financial FAQ
What is Petrobras's annual gross revenue scale and financial performance?
Petroleo Brasileiro S.A. - Petrobras reported revenue of ~$89.5 billion (BRL 497.5 billion) for fiscal year 2025, up from ~$88.3 billion (BRL 490.8 billion) in fiscal 2024.
What is Petrobras's Adjusted EBITDA and operating margin profile?
Petrobras delivers notable Adjusted EBITDA of $45 billion to $55 billion annually, achieving industry-leading EBITDA margins of 50% to 54%, underpinned by high-margin Pre-Salt production and low extraction costs.
What is Petrobras's shareholder dividend distribution policy?
Petrobras maintains one of the highest dividend yields in the global energy sector. Under its established dividend policy, when gross debt is below $65 billion, Petrobras distributes 45% of its quarterly free cash flow to shareholders as regular dividends, supplemented by notable dividend payouts approved by the board.
What is Petrobras's capital expenditure (Capex) program scale?
Petrobras executes a large 5-year capital investment plan exceeding $102 billion (averaging $18B to $20B+ per year), with over 70% to 75% allocated directly to high-return Exploration and Production Pre-Salt projects (such as Búzios, Mero, and Jubarte).
How has Petrobras reduced its gross corporate debt over the past decade?
Following peak debt levels exceeding $130 billion in 2014-2015, Petrobras executed one of the largest corporate deleveraging programs in history, reducing gross debt below $60 billion through disciplined capital allocation, divestments, and strong operational cash flow.
What is Petrobras's Free Cash Flow generation capacity?
Petrobras generates exceptional Free Cash Flow of $25 billion to $32+ billion annually, providing ample capital to fund multi-billion-dollar FPSO construction, national tax and royalty payments, and shareholder distributions.
How much does Petrobras pay annually in government taxes and royalties in Brazil?
Petrobras is the largest taxpayer in Brazil, contributing over R$ 200 billion to R$ 240 billion ($40B to $48B USD) annually to Brazilian federal, state, and municipal governments in income taxes, royalties, and Special Participation taxes.
What is Petrobras's balance sheet liquidity and debt profile?
Petrobras maintains strong liquidity with $12 billion to $16 billion in cash and cash equivalents, backed by long-term bond maturities averaging over 11 years and an investment-grade equivalent credit rating across major rating agencies.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Petrobras Revenue & Financials." CorpDigest, https://corpdigest.com/company/petrobras/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Petrobras reported ~$89.6B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/petrobras/financials" target="_blank" rel="noopener">CorpDigest — Petrobras financials</a></div>Related Financial Audits
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