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Azul (B3: AZUL3) stock: the official figures

Azul (Azul S.A.) is listed on B3, the São Paulo stock exchange, under the ticker AZUL3. In fiscal 2025 it reported revenue of BRL 21,640m and a net profit of BRL 124.9m, according to the annual accounts it filed with the regulator.

Identifiers for Azul: CNPJ 09.305.994/0001-29.

Fiscal 2025 figures

Consolidated annual accounts of Azul, in millions of Brazilian reais
Item20252024Change
RevenueBRL 21,640mBRL 19,526m+10.8%
Operating profitBRL 4,321mBRL 3,391m+27.5%
Net profitBRL 124.9m−BRL 9,151m—
Operating margin20.0%17.4%+2.6 pts
Net margin0.6%−46.9%+47.4 pts
Total assetsBRL 23,638mBRL 26,275m−10.0%
Equity−BRL 29,038m−BRL 30,435m—
CashBRL 991.6mBRL 1,210m−18.0%
Operating cash flow−BRL 1,233mBRL 2,787m−144.2%

Margins are calculated from the filed figures: operating profit and net profit over revenue.

10 fiscal years

Revenue, in millions of Brazilian reais6,67020167,78920179,153201811,44220195,74420209,976202115,948202218,554202319,526202421,6402025Net profit, in millions of Brazilian reais-126.32016529.02017420.32018-2,4032019-10,8352020-4,2132021-722.42022-2,3802023-9,1512024124.92025
Fiscal yearRevenueOperating profitNet profitDocument
2025BRL 21,640mBRL 4,321mBRL 124.9mAnnual report
2024BRL 19,526mBRL 3,391m−BRL 9,151mAnnual report
2023BRL 18,554mBRL 1,661m−BRL 2,380mAnnual report
2022BRL 15,948mBRL 1,430m−BRL 722.4mAnnual report
2021BRL 9,976mBRL 54.8m−BRL 4,213mAnnual report
2020BRL 5,744m−BRL 1,399m−BRL 10,835mAnnual report
2019BRL 11,442m−BRL 1,195m−BRL 2,403mAnnual report
2018BRL 9,153mBRL 525.4mBRL 420.3mAnnual report
2017BRL 7,789mBRL 865.0mBRL 529.0mAnnual report
2016BRL 6,670mBRL 344.3m−BRL 126.3mAnnual report

The full income statement, balance sheet and cash flow statement are in the annual accounts of Azul. Year by year: revenue and net income.

Frequently asked questions about Azul

How much did Azul earn in fiscal 2025?
Azul reported a net profit of BRL 124.9m for fiscal 2025, on revenue of BRL 21,640m. The year before it reported a net loss of BRL 9,151m.
Where is Azul listed?
Azul is listed on B3, the São Paulo stock exchange, under the ticker AZUL3.
Where do the figures for Azul come from?
From the annual financial statements (DFP) that Azul files with the CVM, the Brazilian securities regulator. Each fiscal year links to its filing.

Where each figure comes from

The annual accounts come from the annual financial statements (DFP) that Azul files with the CVM, the Brazilian securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.

More companies from Brazil and the rest of the region: Latin American stocks.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.