Petrobras Earnings Reports

Petrobras posted solid results in Q2 2025, with net income of $4.76 billion and EPS of $0.83 per ADS. Revenue reached $21.04 billion, while operating income was $5.35 billion, supported by gains in exploration and production and improved financial results.

Petrobras had a robust Q1 2025 with $6.0B in net income and strong cash flow. A 5% increase in oil and gas production and FX gains contributed to a 46% increase in Adjusted EBITDA compared to Q4 2024.

Petrobras reported a net loss of $2.78 billion in Q4 2024 due to exchange rate fluctuations impacting debt. The company's revenue fell 23.2% YoY to $20.82 billion. Operating income was $2.79 billion, while free cash flow for the quarter stood at $3.77 billion. Adjusted EBITDA was $7.17 billion, with significant contributions from the exploration and production segment.