Azul (AZUL) Receivables (2014 - 2026)
Azul (AZUL) recorded Receivables of $461.29 million in Q2 2026, up 48.9% from $309.84 million a year earlier but down 5.5% from the prior quarter.
Analysis
Azul (AZUL) Receivables (2014 - 2026) Analysis & Trends
At the end of FY2025, Azul reported Receivables of $502.57 million, up 74.4% from FY2024.
- Annual Receivables has a five-year compound annual growth rate of 24.4% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $288.23 million in FY2024 (+24.2%), $232.08 million in FY2023 (-32.0%), $341.37 million in FY2022 (+90.6%) and $179.15 million in FY2021 (+6.2%).
- Quarterly Receivables has ranged from $179.15 million in Q4 2021 to $504.37 million in Q3 2025 over the past five years.
- On a year-over-year basis, Receivables has increased for seven consecutive quarters, with growth averaging 44.9% over the last eight quarters.
- Peak year-over-year performance for Receivables in the last five years was growth of 123.2% in Q3 2021, against a decline of 32.7% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $488.26 million (Q1 2026), $497.2 million (Q4 2025) and $504.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.14 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 10.39 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.49 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.58 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 11.52 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.23 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 4.33 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 2.64 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 641.42 Mn |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | 461.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 461.29 Mn |
| Mar 31, 2026 | 488.26 Mn |
| Dec 31, 2025 | 497.20 Mn |
| Sep 30, 2025 | 504.37 Mn |
| Jun 30, 2025 | 309.84 Mn |
| Mar 31, 2025 | 296.08 Mn |
| Dec 31, 2024 | 288.23 Mn |
| Sep 30, 2024 | 249.73 Mn |
| Jun 30, 2024 | 187.98 Mn |
| Mar 31, 2024 | 271.47 Mn |
| Dec 31, 2023 | 232.08 Mn |
| Sep 30, 2023 | 342.14 Mn |
| Jun 30, 2023 | 279.31 Mn |
| Mar 31, 2023 | 248.81 Mn |
| Dec 31, 2022 | 341.37 Mn |
| Sep 30, 2022 | 402.25 Mn |
| Jun 30, 2022 | 301.38 Mn |
| Mar 31, 2022 | 278.72 Mn |
| Dec 31, 2021 | 179.15 Mn |
| Sep 30, 2021 | 289.25 Mn |
API Access
Azul Receivables 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=receivables&ticker=AZUL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();