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Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Profit or loss [abstract]        
Sales revenues $ 21,037 $ 23,467 $ 42,110 $ 47,235
Cost of sales (11,025) (11,740) (21,710) (23,251)
Gross profit 10,012 11,727 20,400 23,984
Income (expenses)        
Selling expenses (1,286) (1,268) (2,376) (2,601)
General and administrative expenses (464) (549) (908) (996)
Exploration costs (185) (174) (498) (309)
Research and development expenses (193) (193) (395) (376)
Other taxes (127) (948) (250) (1,088)
Impairment (losses) reversals, net (190) 37 (240) 46
Other income and expenses, net (2,218) (1,927) (3,108) (2,971)
Total Income (expenses) (4,663) (5,022) (7,775) (8,295)
Income before net finance income (expense), results of equity-accounted investments and income taxes 5,349 6,705 12,625 15,689
Finance income 345 477 642 1,029
Finance expenses (1,065) (2,932) (2,048) (4,004)
Foreign exchange gains (losses) and inflation indexation charges 1,735 (4,414) 4,169 (5,833)
Net finance income (expense) 1,015 (6,869) 2,763 (8,808)
Results of equity-accounted investments 47 (188) 129 (281)
Net income (loss) before income taxes 6,411 (352) 15,517 6,600
Income taxes (1,654) 27 (4,765) (2,120)
Net income (loss) for the period 4,757 (325) 10,752 4,480
Net income (loss) attributable to shareholders of Petrobras 4,734 (344) 10,708 4,438
Net income attributable to non-controlling interests $ 23 $ 19 $ 44 $ 42
Basic earnings (losses) per common and preferred share $ 0.37 $ (0.03) $ 0.83 $ 0.34
Diluted earnings (losses) per common and preferred share $ 0.37 $ (0.03) $ 0.83 $ 0.34