Petrobras - Petroleo Brasileiro (PBR) Research & Development (2009 - 2026)
Petrobras - Petroleo Brasileiro (PBR) 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) Research & Development (2009 - 2026) Analysis & Trends
Petrobras - Petroleo Brasileiro (PBR) 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'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'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 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |