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Azul

Azul (B3: AZUL3) revenue

Azul reported revenue of BRL 21,640m for fiscal 2025, 10.8% more than in fiscal 2024 (BRL 19,526m). Since fiscal 2016 its revenue has grown by 224.4%, an average growth of 14.0% a year.

Revenue, in millions of Brazilian reais6,67020167,78920179,153201811,44220195,74420209,976202115,948202218,554202319,526202421,6402025

Revenue by fiscal year

Fiscal yearRevenueChangeOperating profitOperating margin
2025BRL 21,640m+10.8%BRL 4,321m20.0%
2024BRL 19,526m+5.2%BRL 3,391m17.4%
2023BRL 18,554m+16.3%BRL 1,661m9.0%
2022BRL 15,948m+59.9%BRL 1,430m9.0%
2021BRL 9,976m+73.7%BRL 54.8m0.5%
2020BRL 5,744m−49.8%−BRL 1,399m−24.4%
2019BRL 11,442m+25.0%−BRL 1,195m−10.4%
2018BRL 9,153m+17.5%BRL 525.4m5.7%
2017BRL 7,789m+16.8%BRL 865.0m11.1%
2016BRL 6,670m—BRL 344.3m5.2%

The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of Brazilian reais, except per-share amounts.

Questions about the revenue of Azul

How much revenue did Azul make in fiscal 2025?
Azul reported revenue of BRL 21,640m for fiscal 2025, compared with BRL 19,526m in fiscal 2024.
How much has the revenue of Azul grown?
Between fiscal 2016 and fiscal 2025 it went from BRL 6,670m to BRL 21,640m: 224.4% more, an average growth of 14.0% a year.
What was the best year for revenue at Azul?
Of its last 10 fiscal years, fiscal 2025, with BRL 21,640m.
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

From the annual financial statements (DFP) that Azul files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Azul: the Azul page · annual accounts · net income.

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.