Financials in USD. Standardized financial statements.
A compact view of how Azul S.A. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.22B | $19.53B | $18.55B | $15.95B | $9.98B | $5.74B | $11.44B | $9.06B | $7.70B | $6.67B |
| Revenue Growth? | +8.7% | +5.2% | +16.3% | +59.9% | +73.7% | -49.8% | +26.3% | +17.6% | +15.5% | 0.0% |
| Cost of Revenue? | $15.33B | $14.38B | $15.42B | $14.26B | $8.17B | $6.22B | $8.03B | $5.29B | $4.48B | $5.59B |
| Gross Profit? | $5.89B | $5.15B | $3.13B | $1.68B | $1.81B | -$472.12M | $2.97B | $3.76B | $3.23B | $1.08B |
| Gross Margin? | +27.7% | +26.4% | +16.9% | +10.6% | +18.1% | -8.2% | +26.0% | +41.5% | +41.9% | +16.1% |
| Operating Expenses? | $1.66B | $1.76B | $1.47B | $253.76M | $1.75B | $926.96M | $4.17B | $2.57B | $1.99B | $732.68M |
| Operating Income? | $4.23B | $3.39B | $1.66B | $1.43B | $54.80M | -$1.40B | -$1.20B | $1.19B | $1.24B | $344.29M |
| EBITDA? | $7.18B | $3.56B | $4.62B | $5.61B | $566.33M | -$7.06B | $1.92B | $1.75B | $2.27B | $932.01M |
| Income Before Tax | $122.42M | -$9.19B | -$2.34B | -$722.37M | -$4.21B | -$11.08B | -$2.54B | -$452.93M | $414.13M | $17.67M |
| Income Tax Expense | $11,764 | -$38.80M | $39.53M | $0 | $0 | -$242.50M | -$133.20M | $182.81M | -$10.38M | $143.98M |
| Net Income? | $122.41M | -$9.15B | -$2.38B | -$722.37M | -$4.21B | -$10.83B | -$2.40B | -$635.73M | $424.51M | -$126.31M |
| EPS? | $46590.00 | $-78.96 | $-20.55 | $-6.45 | $-38.01 | $-95.76 | $-21.15 | $-5.64 | $4.05 | $-1.14 |
| Diluted EPS? | $46590.00 | $-78.96 | $-20.55 | $-6.45 | $-38.01 | $-95.76 | $-21.15 | $-5.64 | $3.96 | $-1.14 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality