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Azul (AZUL) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$18.69B17.22%
2022-12-31$15.95B59.87%
2021-12-31$9.98B72.20%
2020-12-31$5.79B-49.37%
2019-12-31$11.44B24.31%
2018-12-31$9.20B18.17%
2017-12-31$7.79B16.79%
2016-12-31$6.67B6.59%
2015-12-31$6.26B7.84%
2014-12-31$5.80B10.87%
2013-12-31$5.23B92.62%
2012-12-31$2.72B57.87%
2011-12-31$1.72B97.59%
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

DateRevenueChange
2024-03-31$4.68B-4.63%
2023-12-31$4.91B-0.18%
2023-09-30$4.91B15.11%
2023-06-30$4.27B-4.67%
2023-03-31$4.48B0.56%
2022-12-31$4.45B1.75%
2022-09-30$4.38B11.52%
2022-06-30$3.92B22.91%
2022-03-31$3.19B-14.39%
2021-12-31$3.73B37.24%
2021-09-30$2.72B59.65%
2021-06-30$1.70B-6.77%
2021-03-31$1.83B2.36%
2020-12-31$1.78B121.50%
2020-09-30$805.30M100.52%
2020-06-30$401.60M-85.67%
2020-03-31$2.80B-13.81%
2019-12-31$3.25B7.30%
2019-09-30$3.03B15.78%
2019-06-30$2.62B2.98%
2019-03-31$2.54B2.48%
2018-12-31$2.48B1.59%
2018-09-30$2.44B21.00%
2018-06-30$2.02B-8.83%
2018-03-31$2.21B0.87%
2017-12-31$2.19B9.81%
2017-09-30$2.00B15.95%
2017-06-30$1.72B-8.03%
2017-03-31$1.87B2.92%
2016-12-31$1.82B4.82%
2016-09-30$1.74B20.28%
2016-06-30$1.44B-13.46%
2016-03-31$1.67B7.01%
2014-12-31$1.56B6.07%
2014-09-30$1.47B4.64%
2013-12-31$1.40B1.27%
2013-09-30$1.39B11.45%
2013-03-31$1.24B105.42%
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/ServiceDec 23Dec 22Dec 21Dec 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

CountryDec 22Dec 21Dec 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 Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BRFSBRF$53.62B$13.38B
AZULAzul$18.69B$4.68B
GOLGol Linhas Aéreas Inteligentes$15.20B$4.67B
ERJEmbraer$5.24B$896.60M
CPACopa$3.46B$893.47M
VLRSControladora Vuela Compañía de Aviación$3.26B$768.00M

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.