$33.6B 42.8%Beat EPS +13.2%
Total revenue, Q2 '26 (USD).

Did Petrobras Beat Earnings?

Petrobras (PBR) reported Q2 '26 revenue of $33.6B, up 59.8% year-over-year, with reported EPS of $1.72. That topped the $1.52 analyst estimate by 13.2% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Petrobras’s job postings, web traffic, and employee business outlook. See the full PBR stock analysis or the earnings calendar for upcoming reports.

PBR Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q2 '26 $1.52 $1.72 Beat +13.2%
Q1 '26 $0.99 $0.96 Missed -3.0%
Q4 '25 $0.54 $0.45 Missed -17.5%
Q3 '25 $0.71 $0.94 Beat +32.4%
Q2 '25 $0.66 $0.64 Missed -3.0%
Q1 '25 $1.16 $0.65 Missed -44.0%

Petrobras Quarterly Financial Trends (USD)

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue23.4B8.76B21.1B21B23.5B25.2B23.5B33.6B
Gross margin51.4%44.1%49.3%47.6%47.8%46.1%45.0%58.0%
Operating margin37.7%102.1%35.0%26.0%32.9%20.8%31.3%41.9%
Net income5.87B-4.39B5.97B4.73B6.03B3.36B6.21B10.4B
Net margin25.1%-50.1%28.3%22.5%25.7%13.3%26.4%31.0%
EPS$0.90$0.48$0.65$0.64$0.94$0.45$0.96$1.72

Petrobras Earnings Trend Analysis

Over the eight quarters from Q3 '24 to Q2 '26, Petrobras’s quarterly revenue moved from $23.4B to $33.6B. Net margin expanded from 25.1% to 31%, against a 58% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Petrobras has beaten Wall Street EPS estimates in 4 of its last 8 reported quarters.

When Is Petrobras’s Next Earnings Date?

Petrobras reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the PBR earnings calendar.

Frequently Asked Questions: Petrobras Earnings

Petrobras's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Petrobras reported Q2 '26 EPS of $1.72 on revenue of $33.6B (+59.8% YoY). Petrobras beat estimates, reporting $1.72 vs. the $1.52 estimate.

Petrobras reported Q2 '26 revenue of $33.6B, up 59.8% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the PBR AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.