Petrobras - Petroleo Brasileiro (PBR-A) Change in Working Capital (2009 - 2026)

Petrobras - Petroleo Brasileiro (PBR-A) posted Change in Working Capital of -$1.9 billion for Q1 2026, down 737.2% sequentially from $293.0 million in Q3 2025, and down 796.64% YoY from $268.0 million in Q1 2025.

Petrobras - Petroleo Brasileiro (PBR-A) Change in Working Capital (2009 - 2026) Analysis & Trends

Petrobras - Petroleo Brasileiro has reported Change in Working Capital for 18 years, with the latest figure at -$1.9 billion in Q1 2026.

  • Quarterly Change in Working Capital fell 796.64% year-over-year to -$1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.3 billion (down 100.05% YoY) and the FY2025 annual result came in at $2.9 billion, down 99.9% from the prior year.
  • Change in Working Capital slipped to -$1.9 billion in Q1 2026 per PBR-A's latest filing, from $293.0 million in the prior quarter.
  • Over five years, Change in Working Capital peaked at $1920.0 billion in Q2 2024 and troughed at -$12.0 billion in Q1 2024.
  • A 5-year average of $226.7 billion and a median of $69.0 million in 2023 frame the typical range for Change in Working Capital.
  • The sharpest annual moves came in 2024 and 2026: Change in Working Capital surged 652073.91% in 2024, then sank 796.64% in 2026.
  • Over 5 years, Change in Working Capital stood at -$147.0 million in 2022, then jumped by 401460.54% to $590.0 billion in 2023, then slumped by 99.6% to $2.3 billion in 2024, then tumbled by 87.48% to $293.0 million in 2025, then sank by 737.2% to -$1.9 billion in 2026.
  • According to Business Quant data, Change in Working Capital over the past three periods registered -$1.9 billion, $293.0 million, and $31.0 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -1.87 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 1.76 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -
4 Eni Spa 205.81 Bn 195.97 Bn - 3.51 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - 1.79 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 43.75 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn -1.66 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 24.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.87 Bn
Mar 31, 2026 -1.87 Bn
Sep 30, 2025 293.00 Mn
Sep 30, 2025 293.00 Mn
Jun 30, 2025 31.00 Mn
Jun 30, 2025 31.00 Mn
Mar 31, 2025 268.00 Mn
Mar 31, 2025 268.00 Mn
Dec 31, 2024 2.34 Bn
Dec 31, 2024 2.34 Bn
Sep 30, 2024 450.00 Bn
Sep 30, 2024 450.00 Bn
Jun 30, 2024 1,920.00 Bn
Jun 30, 2024 1,920.00 Bn
Mar 31, 2024 -12.00 Bn
Mar 31, 2024 -12.00 Bn
Dec 31, 2023 590.00 Bn
Dec 31, 2023 590.00 Bn
Sep 30, 2023 69.00 Mn
Sep 30, 2023 69.00 Mn