Welcome to our dedicated page for AZUL SA SEC filings (Ticker: AZUL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Azul S.A. filings document the Brazilian airline's foreign-issuer reporting, financial statements, restructuring disclosures, and capital-structure matters. Form 6-K reports include interim condensed individual and consolidated financial statements, management declarations, independent auditor materials, and statutory audit committee reporting under Brazilian disclosure requirements.
The company's regulatory record also covers Chapter 11-related notices, creditor-claim procedures, material-event disclosures, material agreements, operating and financial results, governance matters, and annual Form 20-F reporting. These filings frame Azul's airline operations alongside its debt, lease obligations, equity structure, and public-company reporting obligations.
Azul S.A. reports sharply improved first-quarter 2026 results as it completes its Chapter 11 reorganization and overhauls its balance sheet. Total loans and financing dropped from R$23.1 billion as of December 31, 2025 to R$9.7 billion as of March 31, 2026 after converting first- and second-lien debt into equity, issuing US$1.375 billion of 9.875% Exit Notes due 2031, and repaying its DIP financing.
Operating profit rose 32.2% to R$1.96 billion on higher yields and lower unit costs, while net profit jumped to R$6.02 billion, driven largely by a R$7.52 billion non-cash deferred tax asset and reorganization-related gains. Total cash reached R$2.09 billion, up 105.2% from year-end 2025, supported by a R$5.0 billion equity rights offering, although cash from operations remained modestly negative.
Azul S.A. has registered for resale up to 372,434,435 common shares, including in the form of ADSs, by the selling shareholders described in this prospectus.
The registration covers resale from time to time by selling shareholders (including holders of restricted ADSs and warrants) and the company will receive no proceeds from these resales. The filing summarizes recent restructuring steps under the Voluntary Reorganization, issuance and exercise mechanics for multiple warrant series (including American, Additional Investment, GUC and Incremental Warrants), the Exit Notes issuance, two reverse share splits and an ADS ratio change. Financial highlights disclosed include 2025 net revenue of R$21.6 billion and reported income for the year of R$124.9 million, and first-quarter 2026 net revenue of R$5.5 billion and profit for the period of R$6.0 billion (reflecting a R$7.5 billion non-cash deferred tax asset recognized in 1Q2026).
AZUL SA director David Neeleman reported several equity changes tied to stock options and a recent reverse share split. On June 1, 2026, he exercised stock options to acquire a total of 2,469,338 common shares at an exercise price of R$1.00 per share, resulting in direct ownership of 2,469,511 common shares. A new stock option covering 36,856 common shares, with a nominal exercise price of R$1.00, was also granted and vested immediately.
Footnotes explain that a 150,000‑to‑1 reverse share split effective on April 23, 2026 reduced his previously reported direct holdings from 25,958,221 common shares to 173, and his indirect holdings via Saleb II Founder 1 LLC from 390,218 to 2 common shares. Saleb II Founder 1 LLC is wholly owned and controlled by Neeleman.
Azul S.A. filed a Form 6-K presenting interim condensed financial information and extensive restructuring actions. The filing discloses debt and lease restructurings including elimination of obligations by issuing 96,009,988 new preferred shares at R$32.09 each (fair value R$3.29 each), a primary offering of 464,089,849 preferred shares at R$3.58 each (fair value R$1.95), and partial exchange of Senior Notes 2030 for new unsecured notes due 2032 with an option to capitalize interest (PIK). The company references a prearranged Chapter 11 memorandum and court approvals, including final U.S. court approval for US$1.6 billion debtor-in-possession financing and related backstop commitments. Balance sheet items shown include current loans R$4,961,964 and noncurrent loans R$11,827,106, large lease liabilities, and a provision for loss on investment of R$26,365,979. Working capital figures include a net working capital of (R$14,183,562). The filing presents profit/loss line items showing R$1,467,995 and R$3,121,616 in the presented columns. Management discusses covenant amendments, executed letters of credit, and continued restructuring negotiations.
Long Focus Capital Management, LLC and John Helmers filed a Schedule 13G for Azul S.A. American Depositary Shares (CUSIP 05501U106). The filing states that as of the close of business on June 30, 2025 they directly own 0 ADS (0%). Long Focus, identified as an investment adviser, maintains voting and dispositive power over securities held in its clients' accounts, and John Helmers controls the firm. The filing notes the reported securities were purchased on behalf of clients and that no single client owns more than 5%. The form is signed by John Helmers on August 14, 2025.