Azul (AZUL) Cash from Operations (2016 - 2026)
Azul's Cash from Operations was -$41.12 million in Q2 2026, compared with -$12.05 million a year earlier.
Azul (AZUL) Cash from Operations (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Azul's Cash from Operations was -$561.86 million through Jun 30, 2026; for FY2025, it was -$220.81 million.
- In earlier years, Cash from Operations was $520.1 million in FY2024 (-24.5%), $689.31 million in FY2023 (+45.7%), $472.97 million in FY2022 and -$57.68 million in FY2021.
- Quarterly Cash from Operations has moved between -$310.56 billion (Q4 2023) and $315.77 million (Q3 2023) over five years.
- Per Business Quant data, AZUL's Cash from Operations in the three quarters before Q2 2026 was -$24.46 million (Q1 2026), -$228.61 million (Q4 2025) and -$267.67 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.79 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 2.90 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.62 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.11 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 3.27 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.32 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 1.71 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 465.00 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 469.47 Mn |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | -41.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.12 Mn |
| Mar 31, 2026 | -24.46 Mn |
| Dec 31, 2025 | -228.61 Mn |
| Sep 30, 2025 | -267.67 Mn |
| Jun 30, 2025 | -12.05 Mn |
| Mar 31, 2025 | -53.45 Mn |
| Dec 31, 2024 | 168.34 Mn |
| Sep 30, 2024 | 125.12 Mn |
| Jun 30, 2024 | 226.58 Mn |
| Mar 31, 2024 | -12.78 Mn |
| Dec 31, 2023 | -310.56 Bn |
| Sep 30, 2023 | 315.77 Mn |
| Jun 30, 2023 | 119.80 Mn |
| Mar 31, 2023 | 200.88 Mn |
| Dec 31, 2022 | -304.43 Bn |
| Sep 30, 2022 | 176.20 Mn |
| Jun 30, 2022 | 257.52 Mn |
| Mar 31, 2022 | -45.53 Mn |
| Dec 31, 2021 | 60.45 Mn |
| Sep 30, 2021 | -124.20 Mn |
Azul Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AZUL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "AZUL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();