Company Analysis

Azul S.A. (AZUL)

NYSE: AZUL · Air Transportation, Scheduled · Barueri, BR · filing with the SEC since 2008
Grade4.7
◀ Past 4.1● Present 5.5▶ Future 4.3
3 est.

Income statement, as filed

In Brazilian reais (BRL), as filed; per-share figures in Brazilian reais. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedApr 3, 2026Apr 29, 2025May 16, 2024Apr 20, 2023May 2, 2022Apr 30, 2021Apr 30, 2020Apr 30, 2019Apr 27, 2018·
Revenue21,640,393,00019,526,208,00018,554,425,00015,948,067,0009,975,729,0005,744,126,00011,442,317,0009,057,064,000r7,704,831,000r6,669,891,000r
Sales and marketing915,442,000889,224,000779,264,000699,003,000403,987,000329,829,000444,079,000368,663,000309,540,000r276,203,000r
Total operating expenses17,318,923,00016,135,576,00016,893,331,00014,518,512,0009,920,934,0007,143,207,00012,637,717,0007,863,440,000r6,462,039,000r6,325,605,000r
Operating income4,321,470,0003,390,632,0001,661,094,0001,429,555,00054,795,000-1,399,081,000-1,195,400,0001,193,624,000r1,242,792,000r344,286,000r
Finance costs10,295,119,0005,247,414,0005,608,771,0004,793,782,0003,838,243,0002,514,587,000r1,329,524,0001,094,828,000r1,078,598,000r731,200,000
Finance income904,083,000239,058,000220,141,000277,289,000154,280,00060,298,00072,071,00074,522,000r128,272,000r51,067,000r
Net finance income (costs)-4,196,600,000-12,580,806,000-4,002,024,000-2,151,922,000-4,262,825,000-8,964,299,000-1,323,906,000-2,028,275,000r-1,005,638,000r-489,665,000r
Income before income taxes124,870,000-9,190,174,000-2,340,930,000-722,367,000-4,213,208,000-11,077,214,000-2,536,265,000-452,926,000r414,129,000r17,666,000r
Income tax expense12,000-38,803,00039,526,00000-242,505,000-133,179,000182,805,000r-10,384,000r143,980,000r
Net income124,858,000-9,151,371,000-2,380,456,000-722,367,000-4,213,208,000-10,834,709,000-2,403,086,000-635,731,000r424,513,000r-126,314,000r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense
Total operating expenses the running costs togetherifrs-full:OperatingExpense
Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities
Finance costs what its borrowing costifrs-full:FinanceCosts
Finance income what its cash and investments earnedifrs-full:FinanceIncome
Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
SI Assistanton AZUL · research, not advice