Azul S.A. (BVMF:AZUL53)
0.000235
-0.000003 (-1.26%)
At close: Mar 27, 2026
Azul S.A. Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 21,874 | 18,123 | 17,228 | 14,595 | 8,811 |
Other Revenue | - | 1,403 | 1,327 | 1,353 | 1,165 |
| 21,874 | 19,526 | 18,554 | 15,948 | 9,976 | |
Revenue Growth (YoY) | 12.02% | 5.24% | 16.34% | 59.87% | 73.67% |
Cost of Revenue | 10,647 | 14,376 | 15,424 | 14,265 | 9,200 |
Gross Profit | 11,227 | 5,151 | 3,131 | 1,683 | 775.84 |
Selling, General & Admin | 2,148 | 1,580 | 1,322 | 1,075 | 753.65 |
Other Operating Expenses | 2,424 | 323.54 | 393.09 | 281.67 | 1,043 |
Operating Expenses | 7,586 | 1,904 | 1,715 | 1,357 | 1,797 |
Operating Income | 3,641 | 3,247 | 1,415 | 326.76 | -1,021 |
Interest Expense | -8,779 | -4,972 | -4,637 | -4,240 | -3,511 |
Interest & Investment Income | 904.1 | 149.92 | 104.67 | 198.29 | 105.05 |
Currency Exchange Gain (Loss) | 4,029 | -7,890 | 1,625 | 1,407 | -1,443 |
Other Non Operating Income (Expenses) | -20 | 93.58 | -608.49 | 483.44 | 580.77 |
EBT Excluding Unusual Items | -224.7 | -9,372 | -2,101 | -1,825 | -5,289 |
Gain (Loss) on Sale of Investments | - | 37.61 | 66.05 | - | - |
Asset Writedown | - | 143.79 | 245.64 | 1,103 | 1,076 |
Other Unusual Items | - | - | -552.07 | - | - |
Pretax Income | -224.7 | -9,190 | -2,341 | -722.37 | -4,213 |
Income Tax Expense | - | -38.8 | 39.53 | - | - |
Net Income | -224.7 | -9,151 | -2,380 | -722.37 | -4,213 |
Net Income to Common | -224.7 | -9,151 | -2,380 | -722.37 | -4,213 |
Shares Outstanding (Basic) | 40 | 5 | 5 | 5 | 5 |
Shares Outstanding (Diluted) | 40 | 5 | 5 | 5 | 5 |
Shares Change (YoY) | 770.04% | 0.04% | 0.04% | 0.50% | 1.03% |
EPS (Basic) | -5.57 | -1974.20 | -513.72 | -155.95 | -914.13 |
EPS (Diluted) | -5.57 | -1974.20 | -513.75 | -156.00 | -914.25 |
Free Cash Flow | -1,792 | 1,528 | 2,636 | 1,185 | -934.9 |
Free Cash Flow Per Share | -44.44 | 329.67 | 568.94 | 255.78 | -202.84 |
Gross Margin | 51.33% | 26.38% | 16.87% | 10.55% | 7.78% |
Operating Margin | 16.65% | 16.63% | 7.63% | 2.05% | -10.23% |
Profit Margin | -1.03% | -46.87% | -12.83% | -4.53% | -42.23% |
Free Cash Flow Margin | -8.19% | 7.83% | 14.21% | 7.43% | -9.37% |
EBITDA | 6,655 | 3,557 | 1,743 | 622.75 | -751.54 |
EBITDA Margin | 30.42% | 18.22% | 9.40% | 3.91% | -7.53% |
D&A For EBITDA | 3,013 | 310.37 | 327.89 | 295.98 | 269.35 |
EBIT | 3,641 | 3,247 | 1,415 | 326.76 | -1,021 |
EBIT Margin | 16.65% | 16.63% | 7.63% | 2.05% | -10.23% |
Revenue as Reported | 21,874 | 19,526 | 18,554 | 15,948 | 9,976 |
Advertising Expenses | - | 889.22 | 779.26 | 699 | 403.99 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.