Petrobras - Petroleo Brasileiro (PBR-A) Research & Development (2009 - 2026)

Petrobras - Petroleo Brasileiro (PBR-A) posted Research & Development of -$250.0 million for Q1 2026, down 113.55% sequentially from $1.8 billion in Q4 2025, and down 23.76% YoY from -$327.9 million in Q1 2025.

Petrobras - Petroleo Brasileiro (PBR-A) Research & Development (2009 - 2026) Analysis & Trends

Petrobras - Petroleo Brasileiro (PBR-A) has 18 years of Research & Development data on file, last reported at -$250.0 million in Q1 2026.

  • Quarterly Research & Development fell 23.76% year-over-year to -$250.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 244.68% YoY) and the FY2025 annual result came in at $1.2 billion, up 54.25% from the prior year.
  • Research & Development fell to -$250.0 million in Q1 2026 per PBR-A's latest filing, from $1.8 billion in the prior quarter.
  • The five-year high for Research & Development was $1.8 billion in Q4 2025, with the low at -$792.0 million in Q4 2022.
  • Average Research & Development over 5 years is -$145.0 million, with a median of -$195.0 million recorded in 2024.
  • Year-over-year, Research & Development plunged 76.07% in 2022 and soared 946.33% in 2025.
  • Petrobras - Petroleo Brasileiro's Research & Development stood at -$792.0 million in 2022, then grew by 8.33% to -$726.0 million in 2023, then soared by 69.97% to -$218.0 million in 2024, then soared by 946.33% to $1.8 billion in 2025, then sank by 113.55% to -$250.0 million in 2026.
  • Business Quant data shows PBR-A's Research & Development at -$250.0 million in Q1 2026, $1.8 billion in Q4 2025, and -$233.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 126.00 Mn
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -250.00 Mn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 44.00 Mn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 -133.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 205.00 Mn
6 Equinor Asa 77.88 Bn 70.78 Bn - -152.00 Mn
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn -
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn -
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -
10 Petrobras - Petroleo Brasileiro - - 11.34 Bn -250.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -250.00 Mn
Dec 31, 2025 1.85 Bn
Sep 30, 2025 -233.00 Mn
Jun 30, 2025 -193.00 Mn
Mar 31, 2025 -202.00 Mn
Dec 31, 2024 -218.00 Mn
Sep 30, 2024 -195.00 Mn
Jun 30, 2024 -193.00 Mn
Mar 31, 2024 -183.00 Mn
Dec 31, 2023 -214.00 Mn
Sep 30, 2023 -186.00 Mn
Jun 30, 2023 -172.00 Mn
Mar 31, 2023 -154.00 Mn
Dec 31, 2022 -179.00 Mn
Sep 30, 2022 -613.00 Mn
Jun 30, 2022 -220.00 Mn
Mar 31, 2022 -206.00 Mn
Sep 30, 2021 -415.00 Mn
Jun 30, 2021 -147.00 Mn
Mar 31, 2021 -117.00 Mn