← 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
Revenue $81.4b $88.8b $95.6b $76.6b $53.7b $84.0b $124.5b $102.4b $91.4b $89.2b
Total Revenue $81.4b $88.8b $95.6b $76.6b $53.7b $84.0b $124.5b $102.4b $91.4b $89.2b
Cost of Goods and Services Sold $55.4b $60.1b $61.5b $45.7b $29.2b $43.2b $59.5b $48.4b $45.4b ($46.7b)
Cost of sales ($55.4b) ($60.1b) ($61.5b) ($45.7b) ($29.2b) ($43.2b) ($59.5b) ($48.4b) ($45.4b) ($46.7b)
Gross Profit $26.0b $28.7b $34.1b $30.9b $24.5b $40.8b $65.0b $54.0b $46.0b $42.5b
Operating expenses:
Operating Income (Loss) — — — — — — — — — —
Additional Financial Items
General and administrative $3.3b $2.9b $2.5b $2.1b $1.1b ($1.2b) $1.3b $1.6b $1.8b —
Applicable Tax Rate — — — $0 $0 — — — — —
Average Effective Tax Rate — — $0 $0 $5 ($0) $0 — — —
Finance Income $1.1b $1.0b $3.2b $1.3b $551.0m $821.0m $1.8b $2.2b $2.0b $1.5b
Foreign Currency Transaction Gain (Loss), Realized — — — — — — — — — —
Goodwill, Impairment Loss — — — — — — — — — —
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 —
Income (Loss) from Equity Method Investments — — — — — — — — — —
Other Income — — — $688.0m $270.0m $506.0m $673.0m $512.0m $447.0m —
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
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 taxes ($714.0m) ($1.8b) ($752.0m) ($619.0m) ($952.0m) ($406.0m) ($439.0m) ($890.0m) ($1.3b) ($768.0m)
Impairment of assets, net ($6.2b) ($1.2b) ($2.0b) ($2.8b) ($7.3b) $3.2b ($1.3b) ($2.7b) ($1.5b) ($1.5b)
Interest Income $1.1b $1.0b $3.2b $1.3b $551.0m $821.0m $1.8b $2.2b $2.0b $1.5b
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
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)
Income taxes ($684.0m) ($1.8b) ($4.7b) ($4.2b) $1.2b ($8.2b) ($16.8b) ($10.4b) ($3.5b) ($7.1b)
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
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 (Loss) Attributable to Parent — — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — — — — —
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
Diluted Earnings (Loss) Per Share — — — — — — — $1.91 $0.58 —
Research and Development Expense $523.0m $572.0m $642.0m $576.0m $355.0m ($563.0m) $792.0m $726.0m $789.0m —
Research and development expenses ($523.0m) ($572.0m) ($642.0m) ($576.0m) ($355.0m) ($563.0m) ($792.0m) ($726.0m) ($789.0m) ($864.0m)
Selling, General and Administrative Expense — — — — — — — — — —
General and administrative expenses ($3.3b) ($2.9b) ($2.5b) ($2.1b) ($1.1b) ($1.2b) ($1.3b) ($1.6b) ($1.8b) ($1.9b)
Other Nonoperating Income (Expense) — — — — — — — — — —
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 — — — —
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 —
Other Employee Expense — — — — — $852.0m — — — —
Other Expenses — — — — — — — — — —
Other Operating Income Expense $424.0m ($272.0m) $75.0m $241.0m $40.0m ($24.0m) ($248.0m) ($206.0m) ($21.0m) —
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 — — — —
Selling Expense $4.0b $4.5b $4.6b $4.5b $4.9b ($4.2b) $4.9b $5.0b $4.9b —
Selling expenses ($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 income and expenses, net — ($5.5b) ($5.8b) $1.2b $998.0m $653.0m $1.8b ($4.0b) ($7.9b) ($4.8b)
Finance expenses ($7.0b) ($7.4b) ($5.8b) ($7.1b) ($6.0b) ($5.2b) ($3.5b) ($3.9b) ($6.0b) ($4.3b)
Net finance income (expense) ($7.8b) ($9.9b) ($5.9b) ($8.8b) ($9.6b) ($11.0b) ($3.8b) ($2.3b) ($15.1b) $734.0m
Interest Expense On Lease Liabilities — — — $1.5b $1.3b $1.2b — — — —
Current Income Tax Expense (Benefit) — — — — — — — — — —
Income Tax Expense Continuing Operations $684.0m $1.8b ($4.7b) $4.2b ($1.2b) $8.2b $16.8b $10.4b $3.5b —
Total Income (expenses) ($21.7b) ($17.5b) ($16.6b) ($10.2b) ($14.4b) ($3.2b) ($7.9b) ($15.9b) ($19.1b) ($16.3b)
Income Tax Expense (Benefit) — — — — — — — — — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.