Petrobras - Petroleo Brasileiro (PBR-A) Operating Expenses (2009 - 2026)

Petrobras - Petroleo Brasileiro has reported Operating Expenses for 18 years, with the latest figure at -$3.5 billion in Q1 2026.

• Quarterly Operating Expenses fell 15.51% year-over-year to -$3.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.7 billion (up 17.17% YoY) and the FY2025 annual result came in at -$2.8 billion, down 14.4% from the prior year.
• Operating Expenses improved to -$3.5 billion in Q1 2026 per PBR-A's latest filing, from -$11.3 billion in the prior quarter.
• Over five years, Operating Expenses peaked at -$543.0 million in Q2 2022 and troughed at -$11.6 billion in Q3 2024.
• A 5-year average of -$3.8 billion and a median of -$2.9 billion in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 513.44% in 2023, then jumped 77.59% in 2024.
• Over 5 years, Operating Expenses stood at -$2.1 billion in 2022, then tumbled by 77.78% to -$3.8 billion in 2023, then jumped by 35.24% to -$2.4 billion in 2024, then sank by 360.53% to -$11.3 billion in 2025, then surged by 69.07% to -$3.5 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$3.5 billion, -$11.3 billion, and -$3.0 billion for Q1 2026, Q3 2025, and Q1 2025 respectively.