Azul SA AZUL
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
What this company does
Written from the business description in AZUL SA's annual report to the U.S. Securities and Exchange Commission, filed 3 April 2026. Every sentence was checked against that document before publication.
Growth
Revenue compounded at +30.4% a year over the five years to FY2025.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
Not applicable: equity was zero or negative in this period, so return on equity has no meaning.
The 11-year record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue BRL B | 21.6 | 19.5 | 18.6 | 15.9 | 10.0 | 5.7 | 11.4 | 9.1 | 7.7 | 6.7 | 6.3 |
| Operating income BRL B | 4.3 | 3.4 | 1.7 | 1.4 | 0.1 | −1.4 | −1.2 | 1.2 | 1.2 | 0.3 | −0.2 |
| EBITDA BRL B | 7.3 | 6.0 | 4.1 | 3.5 | 1.6 | 0.4 | 0.4 | 2.5 | 2.3 | 0.6 | 0.1 |
| Income tax BRL B | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | −0.2 | −0.1 | 0.2 | −0.0 | 0.1 | ◌ |
| Net income BRL B | 0.1 | −9.2 | −2.4 | −0.7 | −4.2 | −10.8 | −2.4 | −0.6 | 0.4 | −0.1 | −1.1 |
| Free cash flow BRL B | −1.4 | 2.1 | 3.0 | 1.8 | −0.9 | 0.6 | 1.2 | 0.7 | 0.3 | −0.3 | −1.6 |
| EPS, diluted BRL | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ |
| Dividend / sh BRL | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ | ◌ |
| Payout % — not applicable: no dividend | — | — | — | — | — | — | — | — | — | — | — |
| ROE % — not applicable: negative equity | — | — | — | — | — | — | — | — | — | — | — |
Slide the table for earlier years. "—" not applicable · "◌" not available in our data.
Company facts, as filed
Reconciled in 11 of the 11 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016.