Quick Answer
PETROBRAS – PETROLEO BRASILEIRO SA reported R&D Expense of $789.00 million for fiscal year 2024.
PETROBRAS – PETROLEO BRASILEIRO SA R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $789.00M | +8.7% |
| 2023 | $726.00M | -8.3% |
| 2022 | $792.00M | +40.7% |
| 2021 | $563.00M | +58.6% |
| 2020 | $355.00M | +161.6% |
| 2019 | -$576.00M | -189.9% |
| 2018 | $641.00M | +12.1% |
| 2017 | $572.00M | +9.4% |
| 2016 | $523.00M | -17.0% |
| 2015 | $630.00M | -36.6% |
| 2010 | $993.00M | +45.8% |
| 2009 | $681.00M | -27.6% |
| 2008 | $941.00M | +6.8% |
| 2007 | $881.00M | — |
- PETROBRAS – PETROLEO BRASILEIRO SA showed an increase of +8.7% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2024 period, PETROBRAS – PETROLEO BRASILEIRO SA’s r&d expense has declined by 10.4% (from $881.00 million to $789.00 million).
- The most recent figure is from PETROBRAS – PETROLEO BRASILEIRO SA’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 3, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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