Petrobras reported a net income of R$ 52.4 billion (US$ 10.4 billion) for the second quarter of 2026. This figure represents a 97% increase compared to the same period in 2025. Adjusted EBITDA reached R$ 93.8 billion (US$ 18.6 billion) during the quarter.
Oil production in Brazil reached a record 2.7 million barrels per day. This output marks a 15% increase year-over-year. The refinery utilization factor hit a historic high of 101%. High utilization increased the domestic supply of petroleum products and strengthened cash generation.