Petrobras - Petroleo Brasileiro (PBR) Research & Development (2009 - 2026)
Petrobras - Petroleo Brasileiro's (PBR) quarterly Research & Development came in at -$250.0 million in Q1 2026, down 23.76% year-on-year from -$327.9 million in Q1 2025, and down 7.42% quarter-over-quarter from -$232.7 million in Q3 2025.
Petrobras - Petroleo Brasileiro (PBR) Research & Development (2009 - 2026) Analysis & Trends
Petrobras - Petroleo Brasileiro has disclosed Research & Development across 18 years of filings, most recently posting -$250.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at -$250.0 million, down 23.76% year-over-year; the trailing twelve-month figure through Mar 2026 was -$877.7 million (down 8.63% YoY), and the FY2025 annual result was $1.2 billion, up 54.25% from the prior year.
- Research & Development came in at -$250.0 million for Q1 2026 at Petrobras - Petroleo Brasileiro, down from -$232.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$154.0 million in Q1 2023 to a low of -$792.0 million in Q4 2022.
- The 5-year median for Research & Development is -$204.0 million (2022), against an average of -$257.7 million.
- Peak annual rise in Research & Development reached 72.98% in 2023, while the deepest fall reached 173.8% in 2023.
- Petrobras - Petroleo Brasileiro's Research & Development stood at -$792.0 million in 2022, then soared by 72.98% to -$214.0 million in 2023, then retreated by 1.87% to -$218.0 million in 2024, then dropped by 6.75% to -$232.7 million in 2025, then slipped by 7.42% to -$250.0 million in 2026.
- The last three Research & Development figures came in at -$250.0 million (Q1 2026), -$232.7 million (Q3 2025), and -$193.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | -250.00 Mn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 126.00 Mn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -133.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 205.00 Mn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 8.75 Mn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 44.00 Mn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 1.27 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 2.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -250.00 Mn |
| Sep 30, 2025 | -232.72 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 | -512.00 Mn |
| Jun 30, 2023 | -172.00 Mn |
| Mar 31, 2023 | -154.00 Mn |
| Dec 31, 2022 | -792.00 Mn |
| Sep 30, 2022 | -187.00 Mn |
| Jun 30, 2022 | -220.00 Mn |
| Mar 31, 2022 | -206.00 Mn |
| Dec 31, 2021 | -563.00 Mn |
| Sep 30, 2021 | -415.00 Mn |
| Jun 30, 2021 | -147.00 Mn |
| Mar 31, 2021 | -117.00 Mn |