Azul (ADR) (AZUL)
Connects Brazilian regional cities through a mixed-fleet airline network.
$6.62
After hours+0.06 (+0.91%)
At close$6.56(−1.35%)
In millions of USD, except per-share figures · converted from BRL at the latest rate
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 962 | 917 | 818 | 1,006 | 1,087 | 1,057 | 969 | 1,101 | 1,091 | 1,073 | 998 |
| Cost of revenue | 813 | 673 | 669 | 680 | 777 | 614 | 840 | 791 | 567 | 816 | 977 |
| Gross profit | 149 | 244 | 149 | 325 | 310 | 444 | 128 | 310 | 524 | 257 | 21 |
| 47 | 87 | 62 | 124 | 90 | 153 | 135 | 147 | 319 | 124 | 80 | |
| 72 | 66 | 68 | 47 | 94 | 48 | 97 | 147 | −151 | 88 | 80 | |
| Selling & marketing | 46 | 40 | 38 | 47 | 52 | 48 | 35 | 0 | 54 | 50 | 0 |
| General & administrative | 26 | 27 | 30 | 0 | 41 | 0 | 62 | 0 | −205 | 38 | 0 |
| Other expenses | −25 | 20 | −5 | 77 | −4 | 105 | 39 | 0 | 470 | 37 | 0 |
| Operating income | 102 | 157 | 86 | 201 | 220 | 290 | −7 | 163 | 206 | 133 | −59 |
| −105 | −364 | −840 | −131 | −1,085 | 34 | 295 | −425 | −525 | −425 | −222 | |
| Interest income | 0 | 9 | 5 | 11 | 9 | 6 | 5 | 3 | 7 | 187 | 2 |
| Interest expense | 213 | 228 | 340 | 245 | 270 | 469 | 279 | 505 | 300 | 263 | 144 |
| Other non-operating income | 48 | 146 | 611 | −114 | 24 | 0 | 0 | 0 | 225 | 163 | 0 |
| Income before tax | −3 | −207 | −753 | 71 | −865 | 324 | 288 | −262 | −320 | −293 | −281 |
| Income tax expense | 8 | −1 | −6 | 0 | 0 | 0 | 0 | 0 | 0 | −1,473 | 0 |
| Net income from continuing operations | −10 | −206 | −747 | 71 | −865 | 324 | 288 | −262 | −320 | 1,180 | −281 |
| Net income | −10 | −206 | −747 | 71 | −865 | 324 | 288 | −262 | −320 | 1,180 | −281 |
| EPS, basic | −$0.27 | −$0.89 | −$3.22 | $0.11 | −$3.73 | $1.09 | $0.96 | −$0.88 | −$2.18 | $16.13 | −$1.52 |
| EPS, diluted | −$0.27 | −$0.89 | −$3.22 | $0.11 | −$3.73 | $1.09 | $0.96 | −$0.88 | −$2.18 | $16.13 | −$1.52 |
| Weighted average shares, basic | 39 | 232 | 232 | 232 | 232 | 285 | 299 | 299 | 149 | 73 | 184 |
| Weighted average shares, diluted | 39 | 232 | 232 | 232 | 232 | 285 | 299 | 299 | 149 | 73 | 184 |
| EBITDA | 68 | 131 | −405 | 439 | 211 | 450 | 7 | 301 | 122 | 98 | 91 |
| Depreciation & amortization | 14 | 120 | 120 | 123 | 15 | 160 | 14 | 138 | 141 | 128 | 150 |
| EBIT | 54 | 11 | −524 | 316 | 196 | 290 | −7 | 163 | −19 | −30 | −59 |
