Petrobras - Petroleo Brasileiro (PBR-A) Capital Expenditures (2009 - 2026)

Petrobras - Petroleo Brasileiro (PBR-A) posted Capital Expenditures of -$4.5 billion for Q1 2026, down 171.26% sequentially from $6.3 billion in Q4 2025, and down 13.91% YoY from -$5.2 billion in Q1 2025.

Petrobras - Petroleo Brasileiro (PBR-A) Capital Expenditures (2009 - 2026) Analysis & Trends

Petrobras - Petroleo Brasileiro has reported Capital Expenditures for 18 years, with the latest figure at -$4.5 billion in Q1 2026.

  • Quarterly Capital Expenditures fell 13.91% year-over-year to -$4.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$19.2 billion (up 21.41% YoY) and the FY2025 annual result came in at $19.5 billion, up 33.3% from the prior year.
  • Capital Expenditures retreated to -$4.5 billion in Q1 2026 per PBR-A's latest filing, from $6.3 billion in the prior quarter.
  • Over five years, Capital Expenditures peaked at $20.6 billion in Q4 2023 and troughed at -$12.9 billion in Q3 2025.
  • A 5-year average of -$1.5 billion and a median of -$2.9 billion in 2023 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2022 and 2024: Capital Expenditures jumped 1025.88% in 2022, then slumped 220.72% in 2024.
  • Over 5 years, Capital Expenditures stood at $15.6 billion in 2022, then soared by 32.26% to $20.6 billion in 2023, then plunged by 121.46% to -$4.4 billion in 2024, then soared by 243.0% to $6.3 billion in 2025, then sank by 171.26% to -$4.5 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$4.5 billion, $6.3 billion, and -$12.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -4.51 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 6.47 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 4.06 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 9.99 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -2.87 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn -814.52 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 346.37 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 4.23 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.51 Bn
Mar 31, 2026 -4.51 Bn
Dec 31, 2025 6.33 Bn
Dec 31, 2025 6.33 Bn
Sep 30, 2025 -12.93 Bn
Sep 30, 2025 -12.93 Bn
Jun 30, 2025 -8.05 Bn
Jun 30, 2025 -8.05 Bn
Mar 31, 2025 -3.96 Bn
Mar 31, 2025 -3.96 Bn
Dec 31, 2024 -4.43 Bn
Dec 31, 2024 -4.43 Bn
Sep 30, 2024 -10.22 Bn
Sep 30, 2024 -10.22 Bn
Jun 30, 2024 -5.77 Bn
Jun 30, 2024 -5.77 Bn
Mar 31, 2024 -2.84 Bn
Mar 31, 2024 -2.84 Bn
Dec 31, 2023 20.63 Bn
Dec 31, 2023 20.63 Bn