Azul (AZUL) Revenue & Revenue Breakdown
Azul Revenue Highlights
Latest Revenue (Y)
$18.69B
Latest Revenue (Q)
$4.68B
Main Segment (Y)
Passenger revenue
Main Geography (Y)
Country of domicile
Azul Revenue by Period
Azul Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $18.69B | 17.22% |
| 2022-12-31 | $15.95B | 59.87% |
| 2021-12-31 | $9.98B | 72.20% |
| 2020-12-31 | $5.79B | -49.37% |
| 2019-12-31 | $11.44B | 24.31% |
| 2018-12-31 | $9.20B | 18.17% |
| 2017-12-31 | $7.79B | 16.79% |
| 2016-12-31 | $6.67B | 6.59% |
| 2015-12-31 | $6.26B | 7.84% |
| 2014-12-31 | $5.80B | 10.87% |
| 2013-12-31 | $5.23B | 92.62% |
| 2012-12-31 | $2.72B | 57.87% |
| 2011-12-31 | $1.72B | 97.59% |
| 2010-12-31 | $871.13M | - |
Azul generated $18.69B in revenue during NA 2023, up 17.22% compared to the previous quarter, and up 203.10% compared to the same period a year ago.
Azul Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $4.68B | -4.63% |
| 2023-12-31 | $4.91B | -0.18% |
| 2023-09-30 | $4.91B | 15.11% |
| 2023-06-30 | $4.27B | -4.67% |
| 2023-03-31 | $4.48B | 0.56% |
| 2022-12-31 | $4.45B | 1.75% |
| 2022-09-30 | $4.38B | 11.52% |
| 2022-06-30 | $3.92B | 22.91% |
| 2022-03-31 | $3.19B | -14.39% |
| 2021-12-31 | $3.73B | 37.24% |
| 2021-09-30 | $2.72B | 59.65% |
| 2021-06-30 | $1.70B | -6.77% |
| 2021-03-31 | $1.83B | 2.36% |
| 2020-12-31 | $1.78B | 121.50% |
| 2020-09-30 | $805.30M | 100.52% |
| 2020-06-30 | $401.60M | -85.67% |
| 2020-03-31 | $2.80B | -13.81% |
| 2019-12-31 | $3.25B | 7.30% |
| 2019-09-30 | $3.03B | 15.78% |
| 2019-06-30 | $2.62B | 2.98% |
| 2019-03-31 | $2.54B | 2.48% |
| 2018-12-31 | $2.48B | 1.59% |
| 2018-09-30 | $2.44B | 21.00% |
| 2018-06-30 | $2.02B | -8.83% |
| 2018-03-31 | $2.21B | 0.87% |
| 2017-12-31 | $2.19B | 9.81% |
| 2017-09-30 | $2.00B | 15.95% |
| 2017-06-30 | $1.72B | -8.03% |
| 2017-03-31 | $1.87B | 2.92% |
| 2016-12-31 | $1.82B | 4.82% |
| 2016-09-30 | $1.74B | 20.28% |
| 2016-06-30 | $1.44B | -13.46% |
| 2016-03-31 | $1.67B | 7.01% |
| 2014-12-31 | $1.56B | 6.07% |
| 2014-09-30 | $1.47B | 4.64% |
| 2013-12-31 | $1.40B | 1.27% |
| 2013-09-30 | $1.39B | 11.45% |
| 2013-03-31 | $1.24B | 105.42% |
| 2012-03-31 | $605.89M | - |
Azul generated $4.68B in revenue during Q1 2024, up -4.63% compared to the previous quarter, and up 105.05% compared to the same period a year ago.
Azul Revenue Breakdown
Azul Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Passenger revenue | $17.23B | $15.02B | $9.10B | - |
| Cargo transport and other revenue | $1.49B | $1.51B | $1.30B | - |
| Passenger service | - | - | - | $4.69B |
| Loyalty program revenue | - | - | - | $508.98M |
| Cargo service | - | - | - | $764.11M |
| Other revenue | - | - | - | $35.12M |
Azul's latest annual revenue breakdown by segment (product or service), as of Dec 23: Passenger revenue (92.05%), and Cargo transport and other revenue (7.95%).
Azul Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|
| Foreign countries | $2.93B | $1.13B | $984.87M |
| Country of domicile | $13.01B | $8.85B | $4.76B |
Azul's latest annual revenue breakdown by geography, as of Dec 22: Country of domicile (81.60%), and Foreign countries (18.40%).
AZUL Revenue FAQ
What is Azul’s yearly revenue?
Azul's yearly revenue for 2023 was $18.69B, representing an increase of 17.22% compared to 2022. The company's yearly revenue for 2022 was $15.95B, representing an increase of 59.87% compared to 2021. AZUL's yearly revenue for 2021 was $9.98B, representing an increase of 72.20% compared to 2020.
What is Azul’s quarterly revenue?
Azul's quarterly revenue for Q1 2024 was $4.68B, a -4.63% decrease from the previous quarter (Q4 2023), and a 4.47% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $4.91B, a -0.18% decrease from the previous quarter (Q3 2023), and a 10.15% increase year-over-year (Q4 2022). AZUL's quarterly revenue for Q3 2023 was $4.91B, a 15.11% increase from the previous quarter (Q2 2023), and a 12.28% increase year-over-year (Q3 2022).
What is Azul’s revenue growth rate?
Azul's revenue growth rate for the last 3 years (2021-2023) was 87.40%, and for the last 5 years (2019-2023) was 63.38%.
What are Azul’s revenue streams?
Azul's revenue streams in c 23 are Passenger revenue, and Cargo transport and other revenue. Passenger revenue generated $17.23B in revenue, accounting 92.05% of the company's total revenue, up 14.71% year-over-year. Cargo transport and other revenue generated $1.49B in revenue, accounting 7.95% of the company's total revenue, down -1.74% year-over-year.
What is Azul’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Azul was Passenger revenue. This segment made a revenue of $17.23B, representing 92.05% of the company's total revenue.