Azul (AZUXY) Gross Margin (2022 - 2025)
Azul's Gross Margin was 88.22% in Q3 2025, up 57.22 percentage points from 31.00% a year earlier and up 74.91 percentage points from the prior quarter.
Azul (AZUXY) Gross Margin (2022 - 2025) Analysis & Trends
On a trailing twelve-month basis, Azul's Gross Margin was 34.96% through Sep 30, 2025, up 10.75 percentage points year-over-year; for FY2024, it was 26.71%, up 8.51 percentage points from FY2023.
- In earlier years, Gross Margin was 18.20% in FY2023.
- The Q3 2025 figure marks the highest quarterly Gross Margin in data going back to Q2 2022.
- Compared with a year earlier, Gross Margin was higher in five of the last six quarters, with an average year-over-year change of +14.54 percentage points.
- Per Business Quant data, AZUXY's Gross Margin in the three quarters before Q3 2025 was 13.30% (Q2 2025), 41.97% (Q1 2025) and 29.27% (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 88.22% |
| Jun 30, 2025 | 13.30% |
| Mar 31, 2025 | 41.97% |
| Dec 31, 2024 | 29.27% |
| Sep 30, 2024 | 31.00% |
| Jun 30, 2024 | 18.20% |
| Mar 31, 2024 | 26.58% |
| Dec 31, 2023 | 20.48% |
| Sep 30, 2023 | 22.82% |
| Jun 30, 2023 | 15.66% |
| Jun 30, 2022 | 10.81% |
Azul Gross Margin 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=gross-margin&ticker=AZUXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AZUXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AZUXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();