Azul Sa AZUL Revenue Breakdown

NYSE AZUL
$4.49 +0.09 (+2.21%)
As of: Nov 6, 2026 · 3:58 PM EST
Annual revenue breakdowns for Azul, fiscal 2017 to 2025, as reported in its filings.
Annual history

Azul Revenue by Geography

Years FY 2018–2025
Lines 2
FY 2025 Total $21.64B

Domestic Revenue was Azul’s largest region in fiscal 2025, bringing in $17.16B of $21.64B (79%).

Azul revenue by geography, fiscal 2018 to 2025
Geography FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Domestic Revenue $13.01B $14.68B $16.08B $17.16B
Foreign Revenue $2.93B $3.88B $3.44B $4.48B
Total $15.95B $18.55B $19.53B $21.64B

Azul revenue by geography: what the figures show

Azul brought in $21.64B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 10.8% from $19.53B in fiscal 2024. Domestic Revenue was the largest at $17.16B (79.3%), ahead of Foreign Revenue at $4.48B (20.7%).

Compared with fiscal 2024, Foreign Revenue grew 30.2% to $4.48B and Domestic Revenue grew 6.7% to $17.16B. From fiscal 2022 to 2025, combined revenue from these regions grew from $15.95B to $21.64B, a compound annual growth rate of 10.7%. Domestic Revenue's share of the total fell from 81.6% to 79.3%.

Annual history

Azul Revenue by Products & services [axis]

Years FY 2024–2025
Lines 2
FY 2025 Total $21.64B

Air Transport was Azul’s largest revenue line in fiscal 2025, bringing in $21.28B of $21.64B (98%).

Azul revenue by products and services [axis], fiscal 2024 to 2025
Products and services [axis] FY 2024 FY 2025
Air Transport $19.28B $21.28B
Ancillary Revenues $248.11M $357.45M
Total $19.53B $21.64B

Azul revenue by products and services [axis]: what the figures show

Azul brought in $21.64B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 10.8% from $19.53B in fiscal 2024. Air Transport was the largest at $21.28B (98.3%), ahead of Ancillary Revenues at $357.45M (1.7%).

Annual history

Azul Revenue by Revenue segment axis.

Years FY 2017
Lines 3
FY 2017 Total $7.77B

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

Azul revenue by revenue segment axis., fiscal 2017 to 2017
Revenue segment axis. FY 2017
Tickets Revenue $6.70B
Travel Related Services $704.39M
Cargo & Other Revenue $373.74M
Total $7.77B

Azul revenue by revenue segment axis.: what the figures show

Azul brought in $7.77B from its three segments 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%).

Questions

Azul Revenue Breakdown FAQ

How does Azul make money?

Azul (AZUL) reports its revenue by geography, by products and services [axis] and by revenue segment axis.. In fiscal 2025, Domestic Revenue was its largest region, bringing in $17.16B (79.3% of the total), followed by Foreign Revenue at $4.48B (20.7%).

What is Azul's largest region?

Domestic Revenue was Azul's largest region in fiscal 2025, bringing in $17.16B, or 79.3% of the $21.64B total across its two regions.

What is Azul's largest revenue line?

Air Transport was Azul's largest revenue line in fiscal 2025, bringing in $21.28B, or 98.3% of the $21.64B total across its two revenue lines.

What is Azul's largest segment?

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

Which Azul region is growing the fastest?

Foreign Revenue grew faster than Domestic Revenue in fiscal 2025, up 30.2% from $3.44B to $4.48B. Domestic Revenue grew 6.7% to $17.16B.

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 geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.