Petrobras - Petroleo Brasileiro (PBR-A) Gross Margin (2009 - 2026)
Petrobras - Petroleo Brasileiro's (PBR-A) quarterly Gross Margin came in at 48.18% in Q1 2026, down 111.0% year-on-year from 438.03% in Q1 2025, and up 4.92% quarter-over-quarter from 45.93% in Q4 2025.
Petrobras - Petroleo Brasileiro (PBR-A) Gross Margin (2009 - 2026) Analysis & Trends
Petrobras - Petroleo Brasileiro has disclosed Gross Margin across 18 years of filings, most recently posting 48.18% for Q1 2026.
- Gross Margin for Q1 2026 came in at 48.18%, down 111.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 47.36% (down 235.0% YoY), and the FY2025 annual result was 47.6%, down 269.0% from the prior year.
- Gross Margin came in at 48.18% for Q1 2026 at Petrobras - Petroleo Brasileiro, up from 45.93% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 56.08% in Q2 2022 to a low of 45.93% in Q4 2025.
- The 5-year median for Gross Margin is 50.64% (2023), against an average of 50.51%.
- Across the five-year window, Gross Margin soared 574 bps in 2023 and plunged 610 bps in 2024, its largest moves.
- Petrobras - Petroleo Brasileiro's Gross Margin stood at 48.32% in 2022, then gained by 12 bps to 54.06% in 2023, then declined by 11 bps to 47.96% in 2024, then declined by 4 bps to 45.93% in 2025, then increased by 5 bps to 48.18% in 2026.
- The last three Gross Margin figures came in at 48.18% (Q1 2026), 45.93% (Q4 2025), and 47.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 48.18% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 49.51% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 41.85% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 71.73% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 66.17% |
| 10 | Petrobras - Petroleo Brasileiro | - | - | 11.34 Bn | 48.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.18% |
| Dec 31, 2025 | 45.93% |
| Sep 30, 2025 | 47.78% |
| Jun 30, 2025 | 47.59% |
| Mar 31, 2025 | 49.30% |
| Dec 31, 2024 | 47.96% |
| Sep 30, 2024 | 51.38% |
| Jun 30, 2024 | 49.97% |
| Mar 31, 2024 | 51.57% |
| Dec 31, 2023 | 54.06% |
| Sep 30, 2023 | 53.11% |
| Jun 30, 2023 | 50.64% |
| Mar 31, 2023 | 52.72% |
| Dec 31, 2022 | 48.32% |
| Sep 30, 2022 | 51.02% |
| Jun 30, 2022 | 56.08% |
| Mar 31, 2022 | 53.00% |
| Dec 31, 2021 | 44.02% |
| Sep 30, 2021 | 50.43% |
| Jun 30, 2021 | 51.59% |