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Azul S.A. (AZUL)
NYSE: AZUL · Real-Time Price · USD
7.53
-0.10 (-1.31%)
At close: Aug 21, 2026, 4:00 PM EDT
7.40
-0.13 (-1.73%)
After-hours: Aug 21, 2026, 7:00 PM EDT

Azul S.A. Balance Sheet

Millions BRL. Fiscal year is Jan - Dec.

Assets

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Equivalents
1,269991.641,2101,897668.353,074
Short-Term Investments
-26.2971.9--1.43
Cash & Short-Term Investments
1,2691,0181,2821,897668.353,075
Cash Growth
-51.07%-20.59%-32.44%183.88%-78.27%-4.68%
Accounts Receivable
2,3902,7231,7751,1241,8741,074
Other Receivables
207.6208.35203.95219.43234.89109.7
Receivables
2,5982,9311,9791,3432,1091,184
Inventory
1,5911,3441,2181,020843.44571.92
Prepaid Expenses
-----244.41
Other Current Assets
835.051,0101,179783.121,251770.98
Total Current Assets
6,2936,3045,6585,0444,8725,846
Property, Plant & Equipment
11,73112,01213,46911,0099,3967,875
Long-Term Investments
--1,040780.31733.04906.72
Goodwill
901.42901.42901.42901.42901.42901.42
Other Intangible Assets
635.83634.58658.2561.83525.11456.62
Long-Term Accounts Receivable
8.8329.45-16.21105.86198
Other Long-Term Assets
3,7003,7574,5482,2202,1882,349
Total Assets
30,78523,63826,27520,53318,72118,533

Liabilities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Accounts Payable
2,6463,9314,1472,2782,5181,530
Accrued Expenses
1,3691,4331,0931,0631,3111,059
Short-Term Debt
---290.85753.353.69
Current Portion of Long-Term Debt
1,34813,8722,3321,1261,1281,023
Current Portion of Leases
2,5913,3546,3143,6874,0263,498
Current Income Taxes Payable
184.71144.01125.06142.17193.59150.08
Current Unearned Revenue
6,2636,2416,3265,2064,1403,064
Other Current Liabilities
490.46498.181,005955.7986.331,382
Total Current Liabilities
14,89229,47321,34214,74915,05611,710
Long-Term Debt
8,5369,58513,8329,7757,5098,995
Long-Term Leases
9,7659,35815,06511,45910,55711,393
Pension & Post-Retirement Benefits
10.7610.218.239.9175.76
Long-Term Deferred Tax Liabilities
---39.53--
Other Long-Term Liabilities
2,7354,2506,4635,8294,6004,762
Total Liabilities
35,94052,67656,71041,86137,72936,866

Shareholders' Equity

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Common Stock
21,7577,1322,3162,3152,3142,291
Retained Earnings
-30,074-34,694-34,819-25,667-23,287-22,564
Treasury Stock
--1.43-4.33-9.04-10.2-11.96
Comprehensive Income & Other
3,162-1,4752,0722,0341,9751,952
Shareholders' Equity
-5,155-29,038-30,435-21,328-19,008-18,333
Total Liabilities & Equity
30,78523,63826,27520,53318,72118,533

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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
------
Net Cash Per Share
-56.90-871.52-2150.78---
Filing Date Shares Outstanding
368.5640.3316.8616.8616.8616.83
Total Common Shares Outstanding
368.5640.3316.8616.8616.8616.83
Working Capital
-8,599-23,170-15,684-9,705-10,184-5,864
Book Value Per Share
-13.99-719.98-1805.28-1265.31-1127.63-1089.32
Tangible Book Value
-6,692-30,574-31,995-22,791-20,434-19,691
Tangible Book Value Per Share
-18.16-758.07-1897.79-1352.12-1212.26-1170.01
Buildings
-650.41660.62555.41524.08506.68
Machinery
2,974301.73384.28789.762,8792,718
Construction In Progress
65.4652.7159.3196.144.2452.17