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Azul S.A. (AZUL)
NYSE: AZUL · Real-Time Price · USD
7.35
+0.22 (3.09%)
Oct 2, 2026, 4:00 PM EDT - Market closed

Azul S.A. Financials Overview

Millions BRL. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
21,75421,64019,52618,55415,9489,976
Revenue Growth
3.53%10.83%5.24%16.34%59.87%73.67%
Gross Profit
4,5476,0155,0723,1311,683775.84
Operating Income
3,1094,3213,2471,415326.76-1,021
Net Income
1,623124.86-9,151-2,380-722.37-4,213
Earnings Per Share
4.403.10-542.81---
EPS Growth
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Revenue by Geography
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Brazil
17,38917,15816,08414,67613,0138,849
Foreign
4,3644,4833,4423,8782,9351,126
Total
21,75421,64019,52618,55415,9489,976

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,2691,0181,2821,897668.353,075
Total Debt
22,24136,16837,54326,33823,97324,913
Net Cash (Debt)
-20,972-35,150-36,261-24,440-23,304-21,838
Net Cash Growth
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Net Cash Per Share
-56.90-871.52-2150.78---

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-1,188-1,2332,7873,4402,437-310.62
Capital Expenditures
-677.53-559.56-1,259-803.34-1,253-624.29
Free Cash Flow
-1,866-1,7921,5282,6361,185-934.9
Free Cash Flow Growth
---42.03%122.52%--

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
20.90%27.79%25.97%16.87%10.55%7.78%
Operating Margin
14.29%19.97%16.63%7.63%2.05%-10.23%
Pretax Margin
-27.08%0.58%-47.07%-12.62%-4.53%-42.23%
Profit Margin
7.46%0.58%-46.87%-12.83%-4.53%-42.23%
FCF Margin
-8.58%-8.28%7.83%14.21%7.43%-9.37%