Azul Sa AZUL Revenue Breakdown

NYSE AZUL
$6.74 -0.13 (-1.97%)
As of: Oct 15, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Azul, fiscal 2017 to 2020, as reported in its filings.
Annual history

Azul Revenue by Retrospective application & retrospective restatement [axis]

Years FY 2017
Lines 3
FY 2017 Total $7.77B

Tickets Revenue was Azul’s largest revenue line in fiscal 2017, bringing in $6.70B of $7.77B (86%).

Azul revenue by retrospective application and retrospective restatement [axis], fiscal 2017 to 2017
Retrospective application and retrospective restatement [axis] FY 2017
Tickets Revenue $6.70B
Travel Related Services $704.39M
Cargo & Other Revenue $373.74M
Total $7.77B

Azul revenue by retrospective application and retrospective restatement [axis]: what the figures show

Azul brought in $7.77B from its three revenue lines in fiscal 2017, the year ended December 31, 2017. Tickets Revenue was the largest at $6.70B (86.1%), ahead of Travel Related Services at $704.39M (9.1%) and Cargo & Other Revenue at $373.74M (4.8%).

Annual history

Azul Revenue by Geography

Years FY 2018–2020
Lines 2
FY 2020 Total $5.74B

Domestic Revenue was Azul’s largest region in fiscal 2020, bringing in $4.76B of $5.74B (83%).

Azul revenue by geography, fiscal 2018 to 2020
Geography FY 2018 FY 2019 FY 2020
Domestic Revenue $7.38B $9.20B $4.76B
Foreign Revenue $1.67B $2.25B $984.87M
Total $9.06B $11.44B $5.74B

Azul revenue by geography: what the figures show

Azul brought in $5.74B from its two regions in fiscal 2020, the year ended December 31, 2020. That was down 49.8% from $11.44B in fiscal 2019. Domestic Revenue was the largest at $4.76B (82.9%), ahead of Foreign Revenue at $984.87M (17.1%).

Compared with fiscal 2019, Domestic Revenue fell 48.2% to $4.76B and Foreign Revenue fell 56.2% to $984.87M. From fiscal 2018 to 2020, combined revenue from these regions fell from $9.06B to $5.74B, a compound annual decline of 20.4%. Domestic Revenue's share of the total rose from 81.5% to 82.9%.

Questions

Azul Revenue Breakdown FAQ

How does Azul make money?

Azul (AZUL) reports its revenue by retrospective application and retrospective restatement [axis] and by geography. In fiscal 2017, Tickets Revenue was its largest revenue line, bringing in $6.70B (86.1% of the total), followed by Travel Related Services at $704.39M (9.1%).

What is Azul's largest revenue line?

Tickets Revenue was Azul's largest revenue line in fiscal 2017, bringing in $6.70B, or 86.1% of the $7.77B total across its three revenue lines.

What is Azul's largest region?

Domestic Revenue was Azul's largest region in fiscal 2020, bringing in $4.76B, or 82.9% of the $5.74B total across its two regions.

Where does this revenue breakdown data come from?

Every figure comes from Azul's annual financial filings, as reported. Each line keeps the name Azul gives it, and years follow its fiscal calendar.

How far back does Azul's revenue breakdown go?

Azul's revenue by retrospective application and retrospective restatement [axis] goes back to fiscal 2017, with figures through fiscal 2017. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.