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
DateValue
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