PETROBRAS - PETROLEO BRASILEIRO SAPBREarnings & Financial Report
Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras, is a Brazilian majority state-owned multinational corporation in the petroleum industry, which is headquartered in Rio de Janeiro. The company's name translates to Brazilian Petroleum Corporation.
Revenue
$23.5B
Gross Profit
$11.7B
Operating Profit
$6.7B
Net Profit
$-325.0M
Gross Margin
50.0%
Operating Margin
28.6%
Net Margin
-1.4%
YoY Growth
2.1%
EPS
$-0.03
PETROBRAS - PETROLEO BRASILEIRO SA Q2 FY2024 Financial Summary
PETROBRAS - PETROLEO BRASILEIRO SA reported revenue of $23.5B (up 2.1% YoY) for Q2 FY2024, with a net profit of $-325.0M (down 105.5% YoY) (-1.4% margin). Cost of goods sold was $11.7B, operating expenses totaled $5.0B.
Key Financial Metrics
| Total Revenue | $23.5B |
|---|---|
| Net Profit | $-325.0M |
| Gross Margin | 50.0% |
| Operating Margin | 28.6% |
| Report Period | Q2 FY2024 |
PETROBRAS - PETROLEO BRASILEIRO SA Quarterly Revenue & Net Profit History
PETROBRAS - PETROLEO BRASILEIRO SA results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $21.0B | -10.4% | $4.8B | 22.6% |
| Q2 FY2024 | $23.5B | +2.1% | $-325.0M | -1.4% |
| Q2 FY2023 | $23.0B | -33.8% | $5.9B | 25.5% |
| Q2 FY2022 | $34.7B | — | $11.0B | 31.8% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $34.70B | $22.98B | $23.47B | $21.04B |
| YoY Growth | N/A | -33.8% | 2.1% | -10.4% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Assets | $191.82B | $205.52B | $190.45B | $215.30B |
| Liabilities | $113.00B | $128.27B | $122.80B | $141.67B |
| Equity | $78.82B | $77.25B | $67.65B | $73.63B |