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Azul SA
NYSE:AZUL

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Azul SA Logo
Azul SA
NYSE:AZUL
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Price: 5.89 USD 3.15%
Updated: May 2, 2024

Income Statement

Earnings Waterfall
Azul SA

Revenue
18.1B BRL
Cost of Revenue
-8.3B BRL
Gross Profit
9.8B BRL
Operating Expenses
-7B BRL
Operating Income
2.8B BRL
Other Expenses
-2.8B BRL
Net Income
-10.9m BRL

Income Statement
Azul SA

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Income Statement
Currency: BRL
Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023
Revenue
Revenue
6 258
N/A
6 370
+2%
6 416
+1%
6 522
+2%
6 670
+2%
6 880
+3%
7 153
+4%
7 408
+4%
7 705
+4%
8 018
+4%
8 295
+3%
8 719
+5%
9 057
+4%
9 407
+4%
10 031
+7%
10 646
+6%
11 442
+7%
11 703
+2%
9 487
-19%
7 262
-23%
5 744
-21%
4 767
-17%
6 068
+27%
7 981
+32%
9 976
+25%
11 343
+14%
13 565
+20%
15 224
+12%
15 948
+5%
17 233
+8%
17 578
+2%
18 118
+3%
Gross Profit
Cost of Revenue
(4 423)
(4 525)
(4 442)
(4 378)
(4 200)
(4 156)
(4 267)
(4 324)
(3 181)
(3 893)
(3 719)
(3 669)
(3 882)
(3 971)
(4 211)
(4 357)
(4 641)
(4 842)
(3 987)
(3 229)
(2 727)
(2 428)
(3 151)
(4 009)
(4 877)
(5 618)
(6 889)
(8 005)
(8 934)
(9 359)
(8 904)
(8 268)
Gross Profit
1 835
N/A
1 845
+1%
1 975
+7%
2 144
+9%
2 470
+15%
2 724
+10%
2 886
+6%
3 084
+7%
4 524
+47%
4 126
-9%
4 577
+11%
5 051
+10%
5 175
+2%
5 436
+5%
5 819
+7%
6 288
+8%
6 801
+8%
6 861
+1%
5 500
-20%
4 033
-27%
3 017
-25%
2 340
-22%
2 917
+25%
3 972
+36%
5 099
+28%
5 725
+12%
6 676
+17%
7 219
+8%
7 014
-3%
7 874
+12%
8 674
+10%
9 850
+14%
Operating Income
Operating Expenses
(2 002)
(2 026)
(2 117)
(2 093)
(2 126)
(2 177)
(2 242)
(2 363)
(3 281)
(2 719)
(3 068)
(3 359)
(3 981)
(4 268)
(4 518)
(4 886)
(5 114)
(8 261)
(8 252)
(7 559)
(6 093)
(5 752)
(5 710)
(6 317)
(6 127)
(6 281)
(5 800)
(6 075)
(6 982)
(6 053)
(6 397)
(7 015)
Selling, General & Administrative
(1 482)
(1 306)
(1 320)
(1 322)
(1 559)
(1 396)
(1 441)
(1 517)
(1 606)
(1 664)
(1 717)
(1 777)
(1 782)
(1 913)
(2 014)
(2 148)
(2 312)
(2 351)
(2 093)
(1 859)
(1 756)
(1 670)
(1 889)
(2 051)
(2 152)
(2 213)
(2 327)
(2 545)
(2 654)
(2 804)
(2 940)
(3 006)
Depreciation & Amortization
(218)
(237)
(262)
(286)
(301)
(309)
(313)
(322)
(1 063)
(1 283)
(1 525)
(1 762)
(1 284)
(1 365)
(1 442)
(1 509)
(1 622)
(3 786)
(3 866)
(3 919)
(1 806)
(1 653)
(1 522)
(1 425)
(1 546)
(1 723)
(1 852)
(2 024)
(2 097)
(2 140)
(2 227)
(2 303)
Other Operating Expenses
(302)
(483)
(535)
(486)
(265)
(473)
(488)
(523)
(612)
228
173
179
(916)
(991)
(1 062)
(1 229)
(1 179)
(2 125)
(2 293)
(1 781)
(2 531)
(2 430)
(2 299)
(2 840)
(2 429)
(2 345)
(1 622)
(1 507)
(2 230)
(1 109)
(1 231)
(1 706)
Operating Income
(168)
N/A
(181)
-8%
(143)
+21%
51
N/A
344
+571%
547
+59%
644
+18%
721
+12%
1 243
+72%
1 407
+13%
1 508
+7%
1 691
+12%
1 194
-29%
1 168
-2%
1 301
+11%
1 402
+8%
1 688
+20%
(1 401)
N/A
(2 752)
-97%
(3 527)
-28%
(3 076)
+13%
(3 412)
-11%
(2 792)
+18%
(2 345)
+16%
(1 028)
+56%
(555)
+46%
876
N/A
1 144
+31%
33
-97%
1 821
+5 419%
2 277
+25%
2 835
+25%
Pre-Tax Income
Interest Income Expense
(677)
(872)
(685)
(613)
(106)
(481)
(587)
(482)
(656)
(864)
(1 663)
(2 061)
(1 451)
(1 749)
(846)
(1 486)
(1 086)
(7 726)
(9 807)
(9 680)
(9 490)
(5 557)
(1 958)
(3 381)
(4 046)
759
(3 476)
(3 145)
(2 231)
(5 525)
(2 858)
(2 846)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2 883)
4
(16)
(16)
1 677
1 625
1 644
1 581
1 083
895
0
0
1 397
0
0
0
Total Other Income
(232)
(0)
0
0
(220)
0
0
(0)
(173)
0
(0)
0
(196)
0
0
0
(255)
0
0
(0)
(188)
0
0
0
(222)
0
0
0
79
0
0
0
Pre-Tax Income
(1 077)
N/A
(1 053)
+2%
(828)
+21%
(562)
+32%
18
N/A
65
+262%
57
-13%
239
+323%
414
+73%
543
+31%
(155)
N/A
(370)
-139%
(453)
-22%
(582)
-28%
456
N/A
(84)
N/A
(2 536)
-2 930%
(9 122)
-260%
(12 576)
-38%
(13 223)
-5%
(11 077)
+16%
(7 344)
+34%
(3 106)
+58%
(4 146)
-33%
(4 213)
-2%
1 098
N/A
(2 600)
N/A
(2 001)
+23%
(722)
+64%
(3 703)
-413%
(581)
+84%
(11)
+98%
Net Income
Tax Provision
3
3
(78)
(84)
(144)
(132)
(42)
(35)
10
(2)
(57)
(89)
(183)
(101)
(12)
25
133
322
286
257
243
0
(17)
5
0
0
0
0
0
0
0
0
Income from Continuing Operations
(1 075)
(1 050)
(905)
(645)
(126)
(67)
15
205
425
541
(212)
(459)
(636)
(683)
444
(59)
(2 403)
(8 799)
(12 290)
(12 966)
(10 835)
(7 352)
(3 123)
(4 140)
(4 213)
1 098
(2 600)
(2 001)
(722)
(3 703)
(581)
(11)
Net Income (Common)
(1 075)
N/A
(1 051)
+2%
(905)
+14%
(646)
+29%
(126)
+80%
(67)
+47%
15
N/A
205
+1 274%
425
+108%
541
+27%
(212)
N/A
(459)
-116%
(636)
-38%
(683)
-7%
444
N/A
(59)
N/A
(2 403)
-3 980%
(8 800)
-266%
(12 290)
-40%
(12 966)
-5%
(10 835)
+16%
(7 351)
+32%
(3 123)
+58%
(4 140)
-33%
(4 213)
-2%
1 098
N/A
(2 600)
N/A
(2 001)
+23%
(722)
+64%
(3 703)
-413%
(581)
+84%
(11)
+98%
EPS (Diluted)
-4.45
N/A
-4.36
+2%
-3.76
+14%
-2.68
+29%
-0.52
+81%
-0.24
+54%
0.04
N/A
0.58
+1 350%
1.29
+122%
1.55
+20%
-0.6
N/A
-1.3
-117%
-1.82
-40%
-1.91
-5%
1.26
N/A
-0.17
N/A
-6.8
-3 900%
-24.63
-262%
-34.55
-40%
-36.57
-6%
-30.52
+17%
-20.58
+33%
-7.46
+64%
-9.89
-33%
-11.77
-19%
2.62
N/A
-7.47
N/A
-4.62
+38%
-2.01
+56%
-10.28
-411%
-1.61
+84%
-0.03
+98%

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