AZULAzul S.A.

$7.00

Is it growing?

Good

Growing: revenue growing +11% year on year and operating margin widening (+19.4 points).

2 good, 1 without data
Revenue trend+11% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +30% a year.

Margin direction+19.4 points operating

Trailing-twelve-month operating margin, 20.0% now against 0.5% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is AZUL growing?

Azul S.A. has grown revenue 11% a year over three years and 30% a year over five.

+11%

Revenue growth, 3-year annual rate · Airlines median +9.3% · steady growth, ahead of inflation · compounded from fiscal years as filed

Revenue growth, 5-year rate
+30%

Revenue growth, 5-year rate · +11% over three · growth has slowed since the five-year average

Years of annual history on file
11

Years of annual history on file · FY2015 to FY2025, as filed

Details›
Revenue FY2021
$9.98B
Revenue FY2022
$15.9B
Revenue FY2023
$18.6B
Revenue FY2024
$19.5B
Revenue FY2025
$21.6B

Annual income statements as filed with the SEC.