Petróleo Brasileiro S.A. - Petrobras (PBR-A) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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PBR-A Revenue Growth
Revenue Breakdown (FY 2017)
PBR-A's revenue distribution by segment and geography for fiscal year 2017
By Product/Segment
By Geography
PBR-A Revenue Analysis (2013–2024)
As of May 8, 2026, Petróleo Brasileiro S.A. - Petrobras (PBR-A) generated trailing twelve-month (TTM) revenue of $86.40 billion, reflecting modest growth of +0.5% year-over-year. The most recent quarter (Q3 2025) recorded $23.48 billion in revenue, up 11.6% sequentially.
Looking at the longer-term picture, PBR-A's 5-year compound annual growth rate (CAGR) stands at +3.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $143.66 billion in 2014.
Revenue diversification analysis shows PBR-A's business is primarily driven by Oil Products (100%). With over half of revenue concentrated in Oil Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including XOM (-4.5% YoY), CVX (-4.6% YoY), and SHEL (-6.3% YoY), PBR-A has underperformed the peer group in terms of revenue growth. Compare PBR-A vs XOM →
PBR-A Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PBR-ACurrent | $86.4B | +0.5% | +3.6% | 28.1% | |
 XOM | $323.9B | -4.5% | +12.6% | 10.5% | |
 CVX | $184.4B | -4.6% | +14.3% | 9.0% | |
 SHEL | $267.5B | -6.3% | +8.2% | 7.3% | |
 BP | $189.3B | +3.9% | +12.3% | 8.2% | |
 TTE | $182.3B | -4.0% | +8.8% | 10.9% |
PBR-A Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $91.42B | -13.4% | $45.97B | 50.3% | $25.69B | 28.1% |
| 2023 | $105.54B | -15.2% | $55.64B | 52.7% | $47.49B | 45.0% |
| 2022 | $124.47B | +48.2% | $64.99B | 52.2% | $53.27B | 42.8% |
| 2021 | $83.97B | +56.4% | $40.80B | 48.6% | $31.00B | 36.9% |
| 2020 | $53.68B | -29.9% | $24.49B | 45.6% | $20.05B | 37.3% |
| 2019 | $76.59B | -9.5% | $30.86B | 40.3% | $20.92B | 27.3% |
| 2018 | $84.64B | +8.7% | $32.45B | 38.3% | $22.77B | 26.9% |
| 2017 | $77.88B | -4.3% | $26.69B | 34.3% | $9.71B | 12.5% |
| 2016 | $81.41B | -16.3% | $25.99B | 31.9% | $15.69B | 19.3% |
| 2015 | $97.31B | -32.3% | $29.83B | 30.7% | $14.70B | 15.1% |
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Start ComparisonPBR-A — Frequently Asked Questions
Quick answers to the most common questions about buying PBR-A stock.
Is PBR-A's revenue growth accelerating or slowing?
PBR-A revenue growth slowed to +0.5%, below the 5-year CAGR of +3.6%. TTM revenue is $86.4B. The deceleration marks a shift from historical growth rates.
What is PBR-A's long-term revenue growth rate?
Petróleo Brasileiro S.A. - Petrobras's 5-year revenue CAGR of +3.6% reflects the variable expansion pattern. Current YoY growth of +0.5% is near this long-term average.
How is PBR-A's revenue distributed by segment?
PBR-A reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.