AZULAzul S.A.
Is it growing?
Growing: revenue growing +11% year on year and operating margin widening (+19.4 points).
Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +30% a year.
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.
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.