Petrobras Financial Performance – 1Q26 

Rio de Janeiro, May 11, 2026

“We delivered consistent financial results in the first quarter of 2026, maintaining strong cash generation with operating cash flow of US$ 8.4 billion, sustained by the excellent performance of our assets and by record oil and gas production. Our investments are being converted into production growth, vindicating our solid and effective value generation strategy”

Fernando Melgarejo, Chief Financial and Investor Relations Officer

Main financial highlights

• Solid results in 1Q26: Adjusted EBITDA Excluding One-off Events of US$ 11.7 billion and Net Income Excluding One-off Events of US$ 4.5 billion 
• Maintenance of strong cash generation with Operating Cash Flow of US$ 8.4 billion and Free Cash Flow of US$ 3.9 billion

Contribution to society 

• We paid R$ 72.4 billion in taxes to the Federal Government, States, and Municipalities in 1Q26 
• We approved R$ 9.0 billion in remuneration to our shareholders related to the results of 1Q26

Check here for 1Q26 Performance Report.