Azul SA annual stock-based compensation
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Azul SA Stock-Based Compensation Growth & History (AZUL)
Azul SA's stock-based compensation was R$70.8M for fiscal 2025.
View full Azul SA company overviewAzul SA annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | R$70.8M | R$27.3M | +62.88% |
| 2024 | 2024-12-31 | R$43.5M | −R$28.2M | −39.35% |
| 2023 | 2023-12-31 | R$71.6M | R$53.4M | +292.56% |
| 2022 | 2022-12-31 | R$18.3M | R$1.1M | +6.23% |
| 2021 | 2021-12-31 | R$17.2M | −R$5.7M | −25.01% |
| 2020 | 2020-12-31 | R$22.9M | R$5.7M | +32.90% |
| 2019 | 2019-12-31 | R$17.2M | −R$612,000 | −3.43% |
| 2018 | 2018-12-31 | R$17.9M | −R$10.3M | −36.57% |
| 2017 | 2017-12-31 | R$28.1M | R$18.3M | +184.86% |
| 2016 | 2016-12-31 | R$9.9M | R$79,000 | +0.81% |
| 2015 | 2015-12-31 | R$9.8M | — | — |
Azul SA quarterly stock-based compensation
Q1.17
Q1.18
Q4.24
Q1.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | R$60.9M | R$48.1M | +375.55% |
| Q4 2025 | 2025-12-31 | R$66,000 | −R$10.4M | −99.37% |
| Q1 2025 | 2025-03-31 | R$12.8M | — | — |
| Q4 2024 | 2024-12-31 | R$10.4M | — | — |
| Q1 2018 | 2018-03-31 | R$7.6M | R$6.4M | +533.33% |
| Q1 2017 | 2017-03-31 | R$1.2M | — | — |
Azul SA stock-based compensation trends
Over the last five fiscal years, Azul SA's stock-based compensation increased from R$22.9M to R$70.8M, a change of R$47.9M. The latest reported quarter, Q1 2026, shows R$60.9M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Azul SA source filings ↗