AZUL
Income statement / Annual
Last year (2025), Azul S.A.'s total revenue was $21.64 B,
an increase of 10.83% from the previous year.
In 2025, Azul S.A.'s net income was $124.86 M.
See Azul S.A.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$21.64 B |
$19.53 B |
$18.55 B |
$15.95 B |
$9.98 B |
$5.74 B |
$11.44 B |
$9.06 B |
$7.70 B |
$6.67 B |
| Cost of Revenue |
$15.48 B
|
$14.38 B
|
$15.42 B
|
$14.26 B
|
$8.17 B
|
$6.22 B
|
$8.13 B
|
$5.29 B
|
$4.48 B
|
$5.59 B
|
| Gross Profit |
$6.16 B
|
$5.15 B
|
$3.13 B
|
$1.68 B
|
$1.81 B
|
-$472.12 M
|
$2.97 B
|
$3.76 B
|
$3.23 B
|
$1.08 B
|
| Gross Profit Ratio |
0.28
|
0.26
|
0.17
|
0.11
|
0.18
|
-0.08
|
0.26
|
0.42
|
0.42
|
0.16
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$648.43 M
|
$502.19 M
|
$103.22 M
|
$80.26 M
|
$864.03 M
|
$21.00 K
|
$0.00
|
$0.00
|
$70.88 M
|
| Selling & Marketing Expenses |
$0.00
|
$931.76 M
|
$820.03 M
|
$699.00 M
|
$403.99 M
|
$351.32 M
|
$444.08 M
|
$368.66 M
|
$309.54 M
|
$276.20 M
|
| Selling, General & Administrative Expenses |
$0.00
|
$1.58 B
|
$1.32 B
|
$802.22 M
|
$484.24 M
|
$1.22 B
|
$444.10 M
|
$368.66 M
|
$309.54 M
|
$347.09 M
|
| Other Expenses |
$1.84 B
|
$179.75 M
|
$147.46 M
|
-$548.46 M
|
$1.27 B
|
-$288.38 M
|
$4.06 B
|
$2.20 B
|
$1.68 B
|
$385.59 M
|
| Operating Expenses |
$1.84 B
|
$1.76 B
|
$1.47 B
|
$253.76 M
|
$1.75 B
|
$926.96 M
|
$4.51 B
|
$2.57 B
|
$1.99 B
|
$732.68 M
|
| Cost And Expenses |
$17.32 B
|
$16.14 B
|
$16.89 B
|
$14.52 B
|
$9.92 B
|
$7.14 B
|
$12.64 B
|
$7.86 B
|
$6.46 B
|
$6.33 B
|
| Interest Income |
$100.21 M
|
$171.97 M
|
-$280.90 M
|
$205.40 M
|
$125.74 M
|
$23.37 M
|
$72.10 M
|
$41.40 M
|
$52.42 M
|
$35.19 M
|
| Interest Expense |
$2.79 B
|
$5.52 B
|
$4.56 B
|
$3.98 B
|
$3.36 B
|
$2.74 B
|
$1.33 B
|
$992.96 M
|
$542.89 M
|
$684.42 M
|
| Depreciation & Amortization |
$3.01 B
|
$2.56 B
|
$2.40 B
|
$2.09 B
|
$1.54 B
|
$1.81 B
|
$1.62 B
|
$1.28 B
|
$1.06 B
|
$301.20 M
|
| EBITDA |
$5.93 B |
$5.81 B |
$4.62 B |
$5.61 B |
$566.33 M |
-$7.06 B |
$3.32 B |
$2.72 B |
$2.27 B |
$932.01 M |
| EBITDA Ratio |
0.27
|
0.3
|
0.25
|
0.35
|
0.06
|
-1.23
|
0.29
|
0.3
|
0.3
|
0.14
|
| Operating Income Ratio |
0.2
|
0.17
|
0.09
|
0.09
|
0.01
|
-0.24
|
-0.1
|
0.13
|
0.16
|
0.05
|
| Total Other Income/Expenses Net |
-$4.20 B
|
-$12.58 B
|
-$4.00 B
|
-$2.15 B
|
-$4.27 B
|
-$9.68 B
|
-$1.34 B
|
-$1.65 B
|
-$828.66 M
|
-$326.62 M
|
| Income Before Tax |
$124.87 M
|
-$9.19 B
|
-$2.34 B
|
-$722.37 M
|
-$4.21 B
|
-$11.08 B
|
-$2.54 B
|
-$452.93 M
|
$414.13 M
|
$17.67 M
|
| Income Before Tax Ratio |
0.01
|
-0.47
|
-0.13
|
-0.05
|
-0.42
|
-1.93
|
-0.22
|
-0.05
|
0.05
|
0
|
| Income Tax Expense |
$12.00 K
|
-$38.80 M
|
$39.53 M
|
$0.00
|
$0.00
|
-$242.51 M
|
-$133.20 M
|
$182.81 M
|
-$10.38 M
|
$143.98 M
|
| Net Income |
$124.86 M
|
-$9.15 B
|
-$2.38 B
|
-$722.37 M
|
-$4.21 B
|
-$10.83 B
|
-$2.40 B
|
-$635.73 M
|
$424.51 M
|
-$126.31 M
|
| Net Income Ratio |
0.01
|
-0.47
|
-0.13
|
-0.05
|
-0.42
|
-1.89
|
-0.21
|
-0.07
|
0.06
|
-0.02
|
| EPS |
0.42 |
-39.48 |
-10.26 |
-3.21 |
-18.99 |
-47.88 |
-10.56 |
-2.82 |
2.04 |
-0.57 |
| EPS Diluted |
0.42 |
-39.48 |
-10.26 |
-3.21 |
-18.99 |
-47.88 |
-10.56 |
-2.82 |
1.98 |
-0.57 |
| Weighted Average Shares Out |
$298.63 M
|
$231.77 M
|
$231.67 M
|
$231.53 M
|
$230.42 M
|
$229.18 M
|
$227.30 M
|
$225.13 M
|
$210.39 M
|
$219.97 M
|
| Weighted Average Shares Out Diluted |
$298.63 M
|
$231.77 M
|
$231.69 M
|
$231.60 M
|
$230.45 M
|
$229.18 M
|
$227.30 M
|
$225.13 M
|
$214.40 M
|
$219.97 M
|
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