Petrobras registered a net income of R $ 26.7 billion in the balance of the second quarter of 2025. The result is 24.3% lower than previously registered, but higher than the same period last year, when the company registered a loss of R $ 2.6 billion.
The increase in oil production compensated for the impacts of the 10% drop on Brent’s price in the quarter. Disregarding exclusive events, the result was R $ 23.2 billion (US $ 4.1 billion), reaching a level similar to that of the previous quarter.
The adjusted EBITDA, which is a financial indicator widely used to make decisions, reached R $ 57.9 billion in the quarter (US $ 10.2 billion). Operational cash flow (FCO), which represents cash generation from the company’s operating activities, totaled R $ 42.4 billion (US $ 7.5 billion) in the quarter, leveraged by increased oil and gas production. Already the investments (Capex) totaled R $ 25.1 billion (US $ 4.4 billion) in the second quarter of 2025, with the highest focus on pre-salt projects.
In the second quarter of 2025, Petrobras totaled R $ 66 billion in taxes paid to the Union, states and municipalities. R $ 8.7 billion were approved in dividends and interest on equity.