Petrobras - Petroleo Brasileiro (PBR) Gross Margin (2009 - 2026)

Petrobras - Petroleo Brasileiro's (PBR) 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) 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 Imperial Oil 42.92 Bn 42.17 Bn - -

Historic Data

Download Data
DateValue
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%