Quarterly ResultMay 12, 2026, 11:46 AM
Petrobras Q1 Sales Revenue $23.54B; Net Income $6.22B; EPS $0.48
AI Summary
Petrobras reported strong financial results for the first quarter of 2026, with sales revenues climbing to $23.54 billion, an 11.7% increase year-over-year. Net income for the period also grew by 3.7% to $6.22 billion, resulting in basic and diluted earnings per share of $0.48. The company's total assets expanded significantly to $238.74 billion, while net cash provided by operating activities remained robust at $8.40 billion.
Key Highlights
- Sales revenues increased to $23,535 million in Q1 2026 from $21,073 million in Q1 2025.
- Net income for the period rose to $6,218 million in Q1 2026, up from $5,995 million in Q1 2025.
- Basic and diluted earnings per share were $0.48 in Q1 2026, compared to $0.46 in Q1 2025.
- Net cash provided by operating activities was $8,399 million in Q1 2026.
- Total assets grew to $238,738 million as of March 31, 2026, from $222,337 million at Dec 31, 2025.
- Total liabilities increased to $153,216 million as of March 31, 2026, from $146,446 million at Dec 31, 2025.
- Exploration and Production (E&P) segment reported net income of $4,844 million in Q1 2026.
- Refining, Transportation & Marketing (RT&M) segment reported net income of $2,300 million in Q1 2026.