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

Petrobras - Petroleo Brasileiro has reported Research & Development for 18 years, with the latest figure 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 -$1.5 billion (down 7.9% YoY) and the FY2025 annual result came in at $1.2 billion, up 33.3% from the prior year.
• Research & Development climbed to -$250.0 million in Q1 2026 per PBR-A's latest filing, from -$628.0 million in the prior quarter.
• Over five years, Research & Development peaked at -$154.0 million in Q1 2023 and troughed at -$792.0 million in Q4 2022.
• A 5-year average of -$309.6 million and a median of -$216.0 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2024: Research & Development jumped 72.98% in 2023, then tumbled 206.99% in 2024.
• Over 5 years, Research & Development stood at -$792.0 million in 2022, then surged by 72.98% to -$214.0 million in 2023, then slipped by 1.87% to -$218.0 million in 2024, then tumbled by 188.07% to -$628.0 million in 2025, then soared by 60.19% to -$250.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$250.0 million, -$628.0 million, and -$395.0 million for Q1 2026, Q3 2025, and Q2 2025 respectively.