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Side-by-side financial comparison of PETROBRAS - PETROLEO BRASILEIRO SA (PBR) and TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM). Click either name above to swap in a different company.

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD is the larger business by last-quarter revenue ($35.5B vs $21.0B, roughly 1.7× PETROBRAS - PETROLEO BRASILEIRO SA). TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD runs the higher net margin — 50.5% vs 22.6%, a 27.9% gap on every dollar of revenue.

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.

Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest dedicated independent semiconductor foundry, headquartered in Hsinchu, Taiwan. It manufactures advanced logic chips on contract for fabless customers including Apple, NVIDIA, AMD, Qualcomm, and Broadcom, and leads the industry in leading-edge process nodes (3nm/5nm/7nm).

PBR vs TSM — Head-to-Head

Bigger by revenue
TSM
TSM
1.7× larger
TSM
$35.5B
$21.0B
PBR
Higher net margin
TSM
TSM
27.9% more per $
TSM
50.5%
22.6%
PBR

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
PBR
PBR
TSM
TSM
Revenue
$21.0B
$35.5B
Net Profit
$4.8B
$17.9B
Gross Margin
47.6%
66.2%
Operating Margin
25.4%
58.0%
Net Margin
22.6%
50.5%
Revenue YoY
-10.4%
Net Profit YoY
1563.7%
EPS (diluted)
$0.37
$111.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PBR
PBR
TSM
TSM
Q1 26
$35.5B
Q4 25
$32.7B
Q3 25
$30.7B
Q2 25
$21.0B
$28.9B
Q1 25
$26.0B
Q4 24
$88.3B
Q2 24
$23.5B
Q2 23
$23.0B
Net Profit
PBR
PBR
TSM
TSM
Q1 26
$17.9B
Q4 25
$15.8B
Q3 25
$14.0B
Q2 25
$4.8B
$12.3B
Q1 25
$11.2B
Q4 24
$35.3B
Q2 24
$-325.0M
Q2 23
$5.9B
Gross Margin
PBR
PBR
TSM
TSM
Q1 26
66.2%
Q4 25
62.3%
Q3 25
59.5%
Q2 25
47.6%
58.6%
Q1 25
58.8%
Q4 24
56.1%
Q2 24
50.0%
Q2 23
50.6%
Operating Margin
PBR
PBR
TSM
TSM
Q1 26
58.0%
Q4 25
53.9%
Q3 25
50.6%
Q2 25
25.4%
49.6%
Q1 25
48.5%
Q4 24
45.7%
Q2 24
28.6%
Q2 23
36.9%
Net Margin
PBR
PBR
TSM
TSM
Q1 26
50.5%
Q4 25
48.3%
Q3 25
45.7%
Q2 25
22.6%
42.7%
Q1 25
43.1%
Q4 24
40.0%
Q2 24
-1.4%
Q2 23
25.5%
EPS (diluted)
PBR
PBR
TSM
TSM
Q1 26
$111.55
Q4 25
$98.45
Q3 25
$87.20
Q2 25
$0.37
$76.80
Q1 25
$69.70
Q4 24
$1.36
Q2 24
$-0.03
Q2 23
$0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PBR
PBR
TSM
TSM
Cash + ST InvestmentsLiquidity on hand
$7.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$73.6B
Total Assets
$215.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PBR
PBR
TSM
TSM
Q1 26
Q4 25
Q3 25
Q2 25
$7.0B
Q1 25
Q4 24
$64.9B
Q2 24
$7.9B
Q2 23
$10.4B
Stockholders' Equity
PBR
PBR
TSM
TSM
Q1 26
Q4 25
Q3 25
Q2 25
$73.6B
Q1 25
Q4 24
$130.5B
Q2 24
$67.6B
Q2 23
$77.3B
Total Assets
PBR
PBR
TSM
TSM
Q1 26
Q4 25
Q3 25
Q2 25
$215.3B
Q1 25
Q4 24
$204.1B
Q2 24
$190.4B
Q2 23
$205.5B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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