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Azul S.A. (AZUL) Free Cash Flow by Year

AZUL NYSE

Azul S.A. recorded an outflow of $261.3M in free cash flow in fiscal year 2025. This represents a decrease of 176.7% from the prior fiscal year. The table below carries 11 fiscal years, from 2015 to 2025, and the quarters Azul S.A. has filed alongside them.

FY2025 annual
Free Cash Flow -$261.3M
YoY -176.7%
10Y CAGR n/m
Source SEC Filings Latest period FY2025, ended Dec 31, 2025 Reported Currency USD

Annual figures, oldest first. Point at a bar to read its period.

AZUL Free Cash Flow by Fiscal Year

Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.

MetricFY25FilingFY24FilingFY23FilingFY22FilingFY21FilingFY20FilingFY19FilingFY18FilingFY17FilingFY16FilingFY15Filing
Free Cash Flow-$261.3M-176.7%$340.5M-44.5%$613.2M+78.8%$343.0Mn/m-$167.7M-237.6%$121.9M-58.0%$290.3M+66.0%$174.8M+81.4%$96.4Mn/m-$102.0Mn/m-$401.9M

AZUL Free Cash Flow by Quarter

Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.

MetricQ4'25FilingQ4'24FilingQ4'23FilingQ4'22FilingQ4'21FilingQ4'20FilingQ4'19FilingQ4'18FilingQ1'18FilingQ4'17FilingQ1'17FilingQ4'16Filing
Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A-$105.6Mn/mN/A-$37.8MN/A

What free cash flow means

Free cash flow is the cash operations produced over the period, less what the company spent on property, plant and equipment, so it answers what was left over rather than what was earned on paper.

More Azul S.A. financials

Frequently Asked Questions

Azul S.A. recorded an outflow of $261.3M in free cash flow in fiscal year 2025.

Azul S.A. (AZUL) free cash flow fell by 176.7% year over year, from $340.5M to -$261.3M in fiscal year 2025.

Across the 11 fiscal years this page covers, Azul S.A. (AZUL) free cash flow went from -$401.9M in fiscal year 2015 to -$261.3M in fiscal year 2025.

Free cash flow is the cash operations produced over the period, less what the company spent on property, plant and equipment, so it answers what was left over rather than what was earned on paper. This page lists what Azul S.A. (AZUL) reported on that line in every period on record.