Azul S.A. (BVMF:AZUL3)
Brazil · Delayed Price · Currency is BRL 21.10
-1.57 (-6.93%)
At close: May 29, 2026
Azul S.A. Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 20,029 | 19,998 | 18,123 | 17,228 | 14,595 | 8,811 |
Other Revenue | 1,688 | 1,643 | 1,403 | 1,327 | 1,353 | 1,165 |
| 21,717 | 21,640 | 19,526 | 18,554 | 15,948 | 9,976 | |
Revenue Growth (YoY) | 7.29% | 10.83% | 5.24% | 16.34% | 59.87% | 73.67% |
Cost of Revenue | 16,655 | 15,626 | 14,454 | 15,424 | 14,265 | 9,200 |
Gross Profit | 5,062 | 6,015 | 5,072 | 3,131 | 1,683 | 775.84 |
Selling, General & Admin | 1,583 | 1,703 | 1,502 | 1,322 | 1,075 | 753.65 |
Other Operating Expenses | -37.5 | -10.07 | 323.54 | 393.09 | 281.67 | 1,043 |
Operating Expenses | 1,545 | 1,693 | 1,825 | 1,715 | 1,357 | 1,797 |
Operating Income | 3,517 | 4,321 | 3,247 | 1,415 | 326.76 | -1,021 |
Interest Expense | -7,456 | -7,549 | -4,962 | -4,637 | -4,240 | -3,511 |
Interest & Investment Income | 90.12 | 100.21 | 149.92 | 104.67 | 198.29 | 105.05 |
Currency Exchange Gain (Loss) | 2,945 | 4,208 | -7,890 | 1,625 | 1,407 | -1,443 |
Other Non Operating Income (Expenses) | -3,138 | 1,189 | 98.19 | -608.49 | 483.44 | 580.77 |
EBT Excluding Unusual Items | -4,042 | 2,269 | -9,357 | -2,101 | -1,825 | -5,289 |
Gain (Loss) on Sale of Investments | -1,020 | -1,052 | 22.77 | 66.05 | - | - |
Asset Writedown | - | - | 143.79 | 245.64 | 1,103 | 1,076 |
Other Unusual Items | 2,041 | -1,092 | - | -552.07 | - | - |
Pretax Income | -3,022 | 124.87 | -9,190 | -2,341 | -722.37 | -4,213 |
Income Tax Expense | -7,514 | 0.01 | -38.8 | 39.53 | - | - |
Net Income | 4,492 | 124.86 | -9,151 | -2,380 | -722.37 | -4,213 |
Net Income to Common | 4,492 | 124.86 | -9,151 | -2,380 | -722.37 | -4,213 |
Shares Outstanding (Basic) | 365 | 40 | 17 | - | - | - |
Shares Outstanding (Diluted) | 365 | 40 | 17 | - | - | - |
Shares Change (YoY) | 1912.49% | 139.23% | - | - | - | - |
EPS (Basic) | 12.30 | 3.10 | -542.81 | - | - | - |
EPS (Diluted) | 12.25 | 3.10 | -542.81 | - | - | - |
Free Cash Flow | -1,575 | -1,792 | 1,528 | 2,636 | 1,185 | -934.9 |
Free Cash Flow Per Share | -4.32 | -44.43 | 90.64 | - | - | - |
Gross Margin | 23.31% | 27.79% | 25.97% | 16.87% | 10.55% | 7.78% |
Operating Margin | 16.19% | 19.97% | 16.63% | 7.63% | 2.05% | -10.23% |
Profit Margin | 20.68% | 0.58% | -46.87% | -12.83% | -4.53% | -42.23% |
Free Cash Flow Margin | -7.25% | -8.28% | 7.83% | 14.21% | 7.43% | -9.37% |
EBITDA | 3,396 | 4,629 | 3,557 | 1,743 | 622.75 | -751.54 |
EBITDA Margin | 15.64% | 21.39% | 18.22% | 9.40% | 3.91% | -7.53% |
D&A For EBITDA | -120.24 | 307.38 | 310.37 | 327.89 | 295.98 | 269.35 |
EBIT | 3,517 | 4,321 | 3,247 | 1,415 | 326.76 | -1,021 |
EBIT Margin | 16.19% | 19.97% | 16.63% | 7.63% | 2.05% | -10.23% |
Effective Tax Rate | - | 0.01% | - | - | - | - |
Revenue as Reported | 21,717 | 21,640 | 19,526 | 18,554 | 15,948 | 9,976 |
Advertising Expenses | - | 915.44 | 889.22 | 779.26 | 699 | 403.99 |