Azul (AZUL) Retained Earnings (2016 - 2026)
Azul's Retained Earnings was -$5.8 billion in Q2 2026, compared with -$5.79 billion a year earlier.
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Analysis
Azul (AZUL) Retained Earnings (2016 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Azul came in at -$6.34 billion.
- In earlier years, Retained Earnings was -$5.64 billion in FY2024, -$5.29 billion in FY2023, -$4.41 billion in FY2022 and -$4.05 billion in FY2021.
- Quarterly Retained Earnings has moved between -$6.34 billion (Q4 2025) and $4.94 billion (Q2 2023) over five years.
- Per Business Quant data, AZUL's Retained Earnings in the three quarters before Q2 2026 was -$5.45 billion (Q1 2026), -$6.34 billion (Q4 2025) and -$6.21 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 72.82 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 18.60 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 11.61 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 13.56 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 44.46 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 14.36 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 14.88 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 12.56 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 4.41 Bn |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | -5.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.80 Bn |
| Mar 31, 2026 | -5.45 Bn |
| Dec 31, 2025 | -6.34 Bn |
| Sep 30, 2025 | -6.21 Bn |
| Jun 30, 2025 | -5.79 Bn |
| Mar 31, 2025 | -5.76 Bn |
| Dec 31, 2024 | -5.64 Bn |
| Sep 30, 2024 | -5.60 Bn |
| Jun 30, 2024 | -5.55 Bn |
| Mar 31, 2024 | -5.33 Bn |
| Dec 31, 2023 | -5.29 Bn |
| Sep 30, 2023 | -5.09 Bn |
| Jun 30, 2023 | 4.94 Bn |
| Mar 31, 2023 | -4.72 Bn |
| Dec 31, 2022 | -4.41 Bn |
| Sep 30, 2022 | -4.52 Bn |
| Jun 30, 2022 | -4.32 Bn |
| Mar 31, 2022 | -4.17 Bn |
| Dec 31, 2021 | -4.05 Bn |
| Sep 30, 2021 | -4.10 Bn |
API Access
Azul Retained Earnings 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=retained-earnings&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();