English

Gol Intelligent Airlines Inc.

EDGAR

GOL Report (type unavailable) · filed 2025-02-26

1,663 filing records in this dataset, filed from 2005-11-10 to 2025-02-26. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest fiscal year

Revenue

18.8 billion BRL

2023 · BRL

Exact inputs and evidence

Revenue: 18774024000 BRL Source

Operating margin

-0.01%

2020 · %

Exact inputs and evidence

Operating Income: -439000 BRL Source
Revenue: 6371817000 BRL Source

Operating cash flow

1.82 billion BRL

2023 · BRL

Exact inputs and evidence

Operating Cash Flow: 1821748000 BRL Source

Free cash flow

1.12 billion BRL

2023 · BRL

Exact inputs and evidence

Operating Cash Flow: 1821748000 BRL Source
Capital Expenditure: 703972000 BRL Source

Cash and cash equivalents: 324 million BRL 2023-12-31 Source
Exact value

323928000 BRL
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-02-26.

Financial data available through: 2023-12-31.

Coverage by financial measure

Revenue: 9 of 11 periods available· newest 2023-12-31
Operating income: 6 of 11 periods available· newest 2020-12-31
Net income: 9 of 11 periods available· newest 2023-12-31
Operating cash flow: 9 of 11 periods available· newest 2023-12-31
Capital expenditure: 9 of 11 periods available· newest 2023-12-31
Total assets: 8 of 11 periods available· newest 2023-12-31
liabilities: No compatible figures in this window
Current assets: 8 of 11 periods available· newest 2023-12-31
Current liabilities: 8 of 11 periods available· newest 2023-12-31
Cash and cash equivalents: 9 of 11 periods available· newest 2023-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+23.5%

Prior period

BRL 15.2 billion

2022-01-01 – 2022-12-31
Current period

BRL 18.77 billion

2023-01-01 – 2023-12-31

Exact inputs and evidence

18774024000 − 15198725000 = 3575299000 BRL

15198725000 BRL · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
18774024000 BRL · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Year-over-year change in Revenue: 3575299000 BRL Concept: fundies:Revenue Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 18774024000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#4440112 Filing: 000129281424002090 Input fundies:Revenue: 15198725000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#4441245 Filing: 000129281424002090
The citation records this snapshot. The page link may show a newer release later.
Net income
+BRL 339.21 million

Prior period

−BRL 1.56 billion

2022-01-01 – 2022-12-31
Current period

−BRL 1.22 billion

2023-01-01 – 2023-12-31

Exact inputs and evidence

-1222259000 − -1561473000 = 339214000 BRL

-1561473000 BRL · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
-1222259000 BRL · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Year-over-year change in Net income: 339214000 BRL Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -1222259000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#1944522 Filing: 000129281424002090 Input fundies:NetIncome: -1561473000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#1945002 Filing: 000129281424002090
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-16%

Prior period

BRL 2.17 billion

2022-01-01 – 2022-12-31
Current period

BRL 1.82 billion

2023-01-01 – 2023-12-31

Exact inputs and evidence

1821748000 − 2168772000 = -347024000 BRL

2168772000 BRL · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
1821748000 BRL · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Year-over-year change in Operating cash flow: -347024000 BRL Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 1821748000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2205626 Filing: 000129281424002090 Input fundies:OperatingCashFlow: 2168772000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2206076 Filing: 000129281424002090
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+9.1%

Prior period

BRL 645.06 million

2022-01-01 – 2022-12-31
Current period

BRL 703.97 million

2023-01-01 – 2023-12-31

Exact inputs and evidence

703972000 − 645056000 = 58916000 BRL

645056000 BRL · 2022-01-01 – 2022-12-31
Inspect prior input Prior source
703972000 BRL · 2023-01-01 – 2023-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Year-over-year change in Capital expenditure: 58916000 BRL Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 703972000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212483 Filing: 000129281424002090 Input fundies:CapitalExpenditure: 645056000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212977 Filing: 000129281424002090
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

Revenue BRL 18.77 billion 100% of revenue
Operating costs Derived Unavailable An input is unavailable.
Operating income Unavailable An input is unavailable.
Tax, interest and other Derived Unavailable An input is unavailable.
Net income −BRL 1.22 billion −6.5% of revenue

Cash

Operating cash flow BRL 1.82 billion 9.7% of revenue
Capital expenditure BRL 703.97 million 3.7% of revenue
Free cash flow Derived BRL 1.12 billion 6% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2015 Operating loss: operating costs were 100% of revenue.
2016 Operating loss: operating costs were 100% of revenue.
2017 Net income was higher than operating income, so the split is not drawn.
2018 Net loss: net income was −9.5% of revenue.
2019 Net loss: net income was −0.8% of revenue.
2020 Operating loss: operating costs were 100% of revenue.
2021 Not shown: operating income or net income is not reported.
2022 Not shown: operating income or net income is not reported.
2023 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2015 2015-01-01 – 2015-12-31	9778007000	9781948000 Derived	-3941000	4456942000 Derived	-4460883000	-991198000 Derived	Source 2015-01-01 – 2015-12-31: 9778007000 BRL Inspect Revenue Open source 2015-01-01 – 2015-12-31: -3941000 BRL Inspect Operating Income Open source 2015-01-01 – 2015-12-31: -4460883000 BRL Inspect Net Income Open source 2015-01-01 – 2015-12-31: -599467000 BRL Inspect Operating Cash Flow Open source 2015-01-01 – 2015-12-31: 391731000 BRL Inspect Capital Expenditure Open source
2016 2016-01-01 – 2016-12-31	9720497000	9721777000 Derived	-1280000	-847265000 Derived	845985000	-430776000 Derived	Source 2016-01-01 – 2016-12-31: 9720497000 BRL Inspect Revenue Open source 2016-01-01 – 2016-12-31: -1280000 BRL Inspect Operating Income Open source 2016-01-01 – 2016-12-31: 845985000 BRL Inspect Net Income Open source 2016-01-01 – 2016-12-31: -21067000 BRL Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 409709000 BRL Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	10329034000	10328490000 Derived	544000	-18248000 Derived	18792000	302315000 Derived	Source 2017-01-01 – 2017-12-31: 10329034000 BRL Inspect Revenue Open source 2017-01-01 – 2017-12-31: 544000 BRL Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 18792000 BRL Inspect Net Income Open source 2017-01-01 – 2017-12-31: 672753000 BRL Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 370438000 BRL Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	11411354000	11410967000 Derived	387000	1085780000 Derived	-1085393000	1394923000 Derived	Source 2018-01-01 – 2018-12-31: 11411354000 BRL Inspect Revenue Open source 2018-01-01 – 2018-12-31: 387000 BRL Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -1085393000 BRL Inspect Net Income Open source 2018-01-01 – 2018-12-31: 2081869000 BRL Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 686946000 BRL Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	13864704000	13864627000 Derived	77000	117350000 Derived	-117273000	1588506000 Derived	Source 2019-01-01 – 2019-12-31: 13864704000 BRL Inspect Revenue Open source 2019-01-01 – 2019-12-31: 77000 BRL Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -117273000 BRL Inspect Net Income Open source 2019-01-01 – 2019-12-31: 2461076000 BRL Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 872570000 BRL Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	6371817000	6372256000 Derived	-439000	5987689000 Derived	-5988128000	252520000 Derived	Source 2020-01-01 – 2020-12-31: 6371817000 BRL Inspect Revenue Open source 2020-01-01 – 2020-12-31: -439000 BRL Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -5988128000 BRL Inspect Net Income Open source 2020-01-01 – 2020-12-31: 753936000 BRL Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 501416000 BRL Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	7433384000	Unavailable	Unavailable	Unavailable	-7221538000	389567000 Derived	Source 2021-01-01 – 2021-12-31: 7433384000 BRL Inspect Revenue Open source 2021-01-01 – 2021-12-31: -7221538000 BRL Inspect Net Income Open source 2021-01-01 – 2021-12-31: 705562000 BRL Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 315995000 BRL Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	15198725000	Unavailable	Unavailable	Unavailable	-1561473000	1523716000 Derived	Source 2022-01-01 – 2022-12-31: 15198725000 BRL Inspect Revenue Open source 2022-01-01 – 2022-12-31: -1561473000 BRL Inspect Net Income Open source 2022-01-01 – 2022-12-31: 2168772000 BRL Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 645056000 BRL Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	18774024000	Unavailable	Unavailable	Unavailable	-1222259000	1117776000 Derived	Source 2023-01-01 – 2023-12-31: 18774024000 BRL Inspect Revenue Open source 2023-01-01 – 2023-12-31: -1222259000 BRL Inspect Net Income Open source 2023-01-01 – 2023-12-31: 1821748000 BRL Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 703972000 BRL Inspect Capital Expenditure Open source

Amounts are exact, in BRL.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

BRL 18.8B 2023

Values and sources

Revenue values and source evidence
Period	Series	Value(BRL)	Source evidence
20152015-12-31	Revenue	9778007000	Revenue: 9778007000 Open source
20162016-12-31	Revenue	9720497000	Revenue: 9720497000 Open source
20172017-12-31	Revenue	10329034000	Revenue: 10329034000 Open source
20182018-12-31	Revenue	11411354000	Revenue: 11411354000 Open source
20192019-12-31	Revenue	13864704000	Revenue: 13864704000 Open source
20202020-12-31	Revenue	6371817000	Revenue: 6371817000 Open source
20212021-12-31	Revenue	7433384000	Revenue: 7433384000 Open source
20222022-12-31	Revenue	15198725000	Revenue: 15198725000 Open source
20232023-12-31	Revenue	18774024000	Revenue: 18774024000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

23.5% 2023

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Year over year	No prior comparable period	Revenue: 9778007000 Open source
20162016-12-31	Year over year	-0.6%	Revenue: 9720497000 Open source Revenue: 9778007000 Open source
20172017-12-31	Year over year	6.3%	Revenue: 10329034000 Open source Revenue: 9720497000 Open source
20182018-12-31	Year over year	10.5%	Revenue: 11411354000 Open source Revenue: 10329034000 Open source
20192019-12-31	Year over year	21.5%	Revenue: 13864704000 Open source Revenue: 11411354000 Open source
20202020-12-31	Year over year	-54%	Revenue: 6371817000 Open source Revenue: 13864704000 Open source
20212021-12-31	Year over year	16.7%	Revenue: 7433384000 Open source Revenue: 6371817000 Open source
20222022-12-31	Year over year	104.5%	Revenue: 15198725000 Open source Revenue: 7433384000 Open source
20232023-12-31	Year over year	23.5%	Revenue: 18774024000 Open source Revenue: 15198725000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -0% 2020

Net margin -6.5% 2023

Free cash flow margin 6% 2023

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Operating margin	-0%	Operating Income: -3941000 Open source Revenue: 9778007000 Open source
20162016-12-31	Operating margin	-0%	Operating Income: -1280000 Open source Revenue: 9720497000 Open source
20172017-12-31	Operating margin	0%	Operating Income: 544000 Open source Revenue: 10329034000 Open source
20182018-12-31	Operating margin	0%	Operating Income: 387000 Open source Revenue: 11411354000 Open source
20192019-12-31	Operating margin	0%	Operating Income: 77000 Open source Revenue: 13864704000 Open source
20202020-12-31	Operating margin	-0%	Operating Income: -439000 Open source Revenue: 6371817000 Open source
2021-12-31	Operating margin	Not reported	Revenue: 7433384000 Open source
2022-12-31	Operating margin	Not reported	Revenue: 15198725000 Open source
2023-12-31	Operating margin	Not reported	Revenue: 18774024000 Open source
20152015-12-31	Net margin	-45.6%	Net Income: -4460883000 Open source Revenue: 9778007000 Open source
20162016-12-31	Net margin	8.7%	Net Income: 845985000 Open source Revenue: 9720497000 Open source
20172017-12-31	Net margin	0.2%	Net Income: 18792000 Open source Revenue: 10329034000 Open source
20182018-12-31	Net margin	-9.5%	Net Income: -1085393000 Open source Revenue: 11411354000 Open source
20192019-12-31	Net margin	-0.8%	Net Income: -117273000 Open source Revenue: 13864704000 Open source
20202020-12-31	Net margin	-94%	Net Income: -5988128000 Open source Revenue: 6371817000 Open source
20212021-12-31	Net margin	-97.2%	Net Income: -7221538000 Open source Revenue: 7433384000 Open source
20222022-12-31	Net margin	-10.3%	Net Income: -1561473000 Open source Revenue: 15198725000 Open source
20232023-12-31	Net margin	-6.5%	Net Income: -1222259000 Open source Revenue: 18774024000 Open source
20152015-12-31	Free cash flow margin	-10.1%	Revenue: 9778007000 Open source Operating Cash Flow: -599467000 Open source Capital Expenditure: 391731000 Open source
20162016-12-31	Free cash flow margin	-4.4%	Revenue: 9720497000 Open source Operating Cash Flow: -21067000 Open source Capital Expenditure: 409709000 Open source
20172017-12-31	Free cash flow margin	2.9%	Revenue: 10329034000 Open source Operating Cash Flow: 672753000 Open source Capital Expenditure: 370438000 Open source
20182018-12-31	Free cash flow margin	12.2%	Revenue: 11411354000 Open source Operating Cash Flow: 2081869000 Open source Capital Expenditure: 686946000 Open source
20192019-12-31	Free cash flow margin	11.5%	Revenue: 13864704000 Open source Operating Cash Flow: 2461076000 Open source Capital Expenditure: 872570000 Open source
20202020-12-31	Free cash flow margin	4%	Revenue: 6371817000 Open source Operating Cash Flow: 753936000 Open source Capital Expenditure: 501416000 Open source
20212021-12-31	Free cash flow margin	5.2%	Revenue: 7433384000 Open source Operating Cash Flow: 705562000 Open source Capital Expenditure: 315995000 Open source
20222022-12-31	Free cash flow margin	10%	Revenue: 15198725000 Open source Operating Cash Flow: 2168772000 Open source Capital Expenditure: 645056000 Open source
20232023-12-31	Free cash flow margin	6%	Revenue: 18774024000 Open source Operating Cash Flow: 1821748000 Open source Capital Expenditure: 703972000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

BRL 1.8B 2023

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(BRL)	Source evidence
20152015-12-31	Operating cash flow	-599467000	Operating Cash Flow: -599467000 Open source
20162016-12-31	Operating cash flow	-21067000	Operating Cash Flow: -21067000 Open source
20172017-12-31	Operating cash flow	672753000	Operating Cash Flow: 672753000 Open source
20182018-12-31	Operating cash flow	2081869000	Operating Cash Flow: 2081869000 Open source
20192019-12-31	Operating cash flow	2461076000	Operating Cash Flow: 2461076000 Open source
20202020-12-31	Operating cash flow	753936000	Operating Cash Flow: 753936000 Open source
20212021-12-31	Operating cash flow	705562000	Operating Cash Flow: 705562000 Open source
20222022-12-31	Operating cash flow	2168772000	Operating Cash Flow: 2168772000 Open source
20232023-12-31	Operating cash flow	1821748000	Operating Cash Flow: 1821748000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

BRL 1.1B 2023

Values and sources

Free cash flow values and source evidence
Period	Series	Value(BRL)	Source evidence
20152015-12-31	Free cash flow	-991198000	Operating Cash Flow: -599467000 Open source Capital Expenditure: 391731000 Open source
20162016-12-31	Free cash flow	-430776000	Operating Cash Flow: -21067000 Open source Capital Expenditure: 409709000 Open source
20172017-12-31	Free cash flow	302315000	Operating Cash Flow: 672753000 Open source Capital Expenditure: 370438000 Open source
20182018-12-31	Free cash flow	1394923000	Operating Cash Flow: 2081869000 Open source Capital Expenditure: 686946000 Open source
20192019-12-31	Free cash flow	1588506000	Operating Cash Flow: 2461076000 Open source Capital Expenditure: 872570000 Open source
20202020-12-31	Free cash flow	252520000	Operating Cash Flow: 753936000 Open source Capital Expenditure: 501416000 Open source
20212021-12-31	Free cash flow	389567000	Operating Cash Flow: 705562000 Open source Capital Expenditure: 315995000 Open source
20222022-12-31	Free cash flow	1523716000	Operating Cash Flow: 2168772000 Open source Capital Expenditure: 645056000 Open source
20232023-12-31	Free cash flow	1117776000	Operating Cash Flow: 1821748000 Open source Capital Expenditure: 703972000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2015-12-31	Liabilities / assets	Not reported	No source recorded
2016-12-31	Liabilities / assets	Not reported	Total Assets: 8404355000 Open source
2017-12-31	Liabilities / assets	Not reported	Total Assets: 10004748000 Open source
2018-12-31	Liabilities / assets	Not reported	Total Assets: 10378266000 Open source
2019-12-31	Liabilities / assets	Not reported	Total Assets: 15298446000 Open source
2020-12-31	Liabilities / assets	Not reported	Total Assets: 12814136000 Open source
2021-12-31	Liabilities / assets	Not reported	Total Assets: 14402343000 Open source
2022-12-31	Liabilities / assets	Not reported	Total Assets: 16970285000 Open source
2023-12-31	Liabilities / assets	Not reported	Total Assets: 16726194000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.23× 2023

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2015-12-31	Current assets / current liabilities	Not reported	No source recorded
20162016-12-31	Current assets / current liabilities	0.43×	Current Assets: 2080714000 Open source Current Liabilities: 4848742000 Open source
20172017-12-31	Current assets / current liabilities	0.58×	Current Assets: 3344998000 Open source Current Liabilities: 5769620000 Open source
20182018-12-31	Current assets / current liabilities	0.46×	Current Assets: 3310835000 Open source Current Liabilities: 7200556000 Open source
20192019-12-31	Current assets / current liabilities	0.48×	Current Assets: 4927377000 Open source Current Liabilities: 10362600000 Open source
20202020-12-31	Current assets / current liabilities	0.31×	Current Assets: 3245351000 Open source Current Liabilities: 10398216000 Open source
20212021-12-31	Current assets / current liabilities	0.24×	Current Assets: 2688041000 Open source Current Liabilities: 11081794000 Open source
20222022-12-31	Current assets / current liabilities	0.22×	Current Assets: 2993543000 Open source Current Liabilities: 13861247000 Open source
20232023-12-31	Current assets / current liabilities	0.23×	Current Assets: 3028253000 Open source Current Liabilities: 13001593000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2015 2015-01-01 – 2015-12-31	−BRL 4.46 billion Exact value Exact value: -4460883000 BRL 2015-01-01 – 2015-12-31: -4460883000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2015-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -4460883000 BRL Concept: fundies:NetIncome Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -4460883000 BRL (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281418001976/gol-20171231.xml#2500437 Filing: 000129281418001976 The citation records this snapshot. The page link may show a newer release later.	−BRL 599.47 million Exact value Exact value: -599467000 BRL 2015-01-01 – 2015-12-31: -599467000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2015-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: -599467000 BRL Concept: fundies:OperatingCashFlow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: -599467000 BRL (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281418001976/gol-20171231.xml#692078 Filing: 000129281418001976 The citation records this snapshot. The page link may show a newer release later.	BRL 391.73 million Exact value Exact value: 391731000 BRL 2015-01-01 – 2015-12-31: 391731000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2015-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 391731000 BRL Concept: fundies:CapitalExpenditure Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 391731000 BRL (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281418001976/gol-20171231.xml#693948 Filing: 000129281418001976 The citation records this snapshot. The page link may show a newer release later.	−BRL 991.2 million Calculation and evidence -599467000 − 391731000 BRL Exact free cash flow: -991198000 BRL 2015-01-01 – 2015-12-31: -599467000 BRL · Inspect Operating Cash Flow · Source 2015-01-01 – 2015-12-31: 391731000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2015-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: -991198000 BRL Concept: free-cash-flow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -599467000 BRL (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281418001976/gol-20171231.xml#692078 Filing: 000129281418001976 Input fundies:CapitalExpenditure: 391731000 BRL (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281418001976/gol-20171231.xml#693948 Filing: 000129281418001976 The citation records this snapshot. The page link may show a newer release later.
2016 2016-01-01 – 2016-12-31	BRL 845.99 million Exact value Exact value: 845985000 BRL 2016-01-01 – 2016-12-31: 845985000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2016-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: 845985000 BRL Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=BRL&dimensions= Input fundies:NetIncome: 845985000 BRL (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281419000702/gol-20181231.xml#818593 Filing: 000129281419000702 The citation records this snapshot. The page link may show a newer release later.	−BRL 21.07 million Exact value Exact value: -21067000 BRL 2016-01-01 – 2016-12-31: -21067000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2016-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: -21067000 BRL Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: -21067000 BRL (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281419000702/gol-20181231.xml#884217 Filing: 000129281419000702 The citation records this snapshot. The page link may show a newer release later.	BRL 409.71 million Exact value Exact value: 409709000 BRL 2016-01-01 – 2016-12-31: 409709000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2016-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 409709000 BRL Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 409709000 BRL (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281419000702/gol-20181231.xml#887402 Filing: 000129281419000702 The citation records this snapshot. The page link may show a newer release later.	−BRL 430.78 million Calculation and evidence -21067000 − 409709000 BRL Exact free cash flow: -430776000 BRL 2016-01-01 – 2016-12-31: -21067000 BRL · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 409709000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2016-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: -430776000 BRL Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -21067000 BRL (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281419000702/gol-20181231.xml#884217 Filing: 000129281419000702 Input fundies:CapitalExpenditure: 409709000 BRL (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281419000702/gol-20181231.xml#887402 Filing: 000129281419000702 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	BRL 18.79 million Exact value Exact value: 18792000 BRL 2017-01-01 – 2017-12-31: 18792000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2017-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: 18792000 BRL Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=BRL&dimensions= Input fundies:NetIncome: 18792000 BRL (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281420002418/gol-20191231.xml#1108846 Filing: 000129281420002418 The citation records this snapshot. The page link may show a newer release later.	BRL 672.75 million Exact value Exact value: 672753000 BRL 2017-01-01 – 2017-12-31: 672753000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2017-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 672753000 BRL Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 672753000 BRL (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281420002418/gol-20191231.xml#1150850 Filing: 000129281420002418 The citation records this snapshot. The page link may show a newer release later.	BRL 370.44 million Exact value Exact value: 370438000 BRL 2017-01-01 – 2017-12-31: 370438000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2017-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 370438000 BRL Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 370438000 BRL (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281420002418/gol-20191231.xml#1154671 Filing: 000129281420002418 The citation records this snapshot. The page link may show a newer release later.	BRL 302.32 million Calculation and evidence 672753000 − 370438000 BRL Exact free cash flow: 302315000 BRL 2017-01-01 – 2017-12-31: 672753000 BRL · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 370438000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2017-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 302315000 BRL Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 672753000 BRL (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281420002418/gol-20191231.xml#1150850 Filing: 000129281420002418 Input fundies:CapitalExpenditure: 370438000 BRL (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281420002418/gol-20191231.xml#1154671 Filing: 000129281420002418 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−BRL 1.09 billion Exact value Exact value: -1085393000 BRL 2018-01-01 – 2018-12-31: -1085393000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2018-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -1085393000 BRL Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -1085393000 BRL (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281421001219/gol-20201231.xml#1184957 Filing: 000129281421001219 The citation records this snapshot. The page link may show a newer release later.	BRL 2.08 billion Exact value Exact value: 2081869000 BRL 2018-01-01 – 2018-12-31: 2081869000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2018-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 2081869000 BRL Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 2081869000 BRL (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281421001219/gol-20201231.xml#1261493 Filing: 000129281421001219 The citation records this snapshot. The page link may show a newer release later.	BRL 686.95 million Exact value Exact value: 686946000 BRL 2018-01-01 – 2018-12-31: 686946000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2018-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 686946000 BRL Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 686946000 BRL (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281421001219/gol-20201231.xml#1351008 Filing: 000129281421001219 The citation records this snapshot. The page link may show a newer release later.	BRL 1.39 billion Calculation and evidence 2081869000 − 686946000 BRL Exact free cash flow: 1394923000 BRL 2018-01-01 – 2018-12-31: 2081869000 BRL · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 686946000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2018-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 1394923000 BRL Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2081869000 BRL (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281421001219/gol-20201231.xml#1261493 Filing: 000129281421001219 Input fundies:CapitalExpenditure: 686946000 BRL (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281421001219/gol-20201231.xml#1351008 Filing: 000129281421001219 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−BRL 117.27 million Exact value Exact value: -117273000 BRL 2019-01-01 – 2019-12-31: -117273000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2019-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -117273000 BRL Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -117273000 BRL (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281422000973/golform20f_2021.htm#1950725 Filing: 000129281422000973 The citation records this snapshot. The page link may show a newer release later.	BRL 2.46 billion Exact value Exact value: 2461076000 BRL 2019-01-01 – 2019-12-31: 2461076000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2019-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 2461076000 BRL Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 2461076000 BRL (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281422000973/golform20f_2021.htm#2224007 Filing: 000129281422000973 The citation records this snapshot. The page link may show a newer release later.	BRL 872.57 million Exact value Exact value: 872570000 BRL 2019-01-01 – 2019-12-31: 872570000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2019-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 872570000 BRL Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 872570000 BRL (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281422000973/golform20f_2021.htm#2229827 Filing: 000129281422000973 The citation records this snapshot. The page link may show a newer release later.	BRL 1.59 billion Calculation and evidence 2461076000 − 872570000 BRL Exact free cash flow: 1588506000 BRL 2019-01-01 – 2019-12-31: 2461076000 BRL · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 872570000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2019-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 1588506000 BRL Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2461076000 BRL (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281422000973/golform20f_2021.htm#2224007 Filing: 000129281422000973 Input fundies:CapitalExpenditure: 872570000 BRL (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281422000973/golform20f_2021.htm#2229827 Filing: 000129281422000973 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−BRL 5.99 billion Exact value Exact value: -5988128000 BRL 2020-01-01 – 2020-12-31: -5988128000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2020-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -5988128000 BRL Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -5988128000 BRL (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281423001052/golform20f_2022.htm#2041844 Filing: 000129281423001052 The citation records this snapshot. The page link may show a newer release later.	BRL 753.94 million Exact value Exact value: 753936000 BRL 2020-01-01 – 2020-12-31: 753936000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2020-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 753936000 BRL Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 753936000 BRL (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281423001052/golform20f_2022.htm#2300372 Filing: 000129281423001052 The citation records this snapshot. The page link may show a newer release later.	BRL 501.42 million Exact value Exact value: 501416000 BRL 2020-01-01 – 2020-12-31: 501416000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2020-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 501416000 BRL Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 501416000 BRL (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281423001052/golform20f_2022.htm#2305901 Filing: 000129281423001052 The citation records this snapshot. The page link may show a newer release later.	BRL 252.52 million Calculation and evidence 753936000 − 501416000 BRL Exact free cash flow: 252520000 BRL 2020-01-01 – 2020-12-31: 753936000 BRL · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 501416000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2020-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 252520000 BRL Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 753936000 BRL (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281423001052/golform20f_2022.htm#2300372 Filing: 000129281423001052 Input fundies:CapitalExpenditure: 501416000 BRL (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281423001052/golform20f_2022.htm#2305901 Filing: 000129281423001052 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−BRL 7.22 billion Exact value Exact value: -7221538000 BRL 2021-01-01 – 2021-12-31: -7221538000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2021-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -7221538000 BRL Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -7221538000 BRL (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#1945456 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 705.56 million Exact value Exact value: 705562000 BRL 2021-01-01 – 2021-12-31: 705562000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2021-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 705562000 BRL Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 705562000 BRL (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2206547 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 316 million Exact value Exact value: 315995000 BRL 2021-01-01 – 2021-12-31: 315995000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2021-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 315995000 BRL Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 315995000 BRL (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2213469 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 389.57 million Calculation and evidence 705562000 − 315995000 BRL Exact free cash flow: 389567000 BRL 2021-01-01 – 2021-12-31: 705562000 BRL · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 315995000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2021-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 389567000 BRL Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 705562000 BRL (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2206547 Filing: 000129281424002090 Input fundies:CapitalExpenditure: 315995000 BRL (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2213469 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−BRL 1.56 billion Exact value Exact value: -1561473000 BRL 2022-01-01 – 2022-12-31: -1561473000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2022-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -1561473000 BRL Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -1561473000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#1945002 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 2.17 billion Exact value Exact value: 2168772000 BRL 2022-01-01 – 2022-12-31: 2168772000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2022-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 2168772000 BRL Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 2168772000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2206076 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 645.06 million Exact value Exact value: 645056000 BRL 2022-01-01 – 2022-12-31: 645056000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2022-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 645056000 BRL Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 645056000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212977 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 1.52 billion Calculation and evidence 2168772000 − 645056000 BRL Exact free cash flow: 1523716000 BRL 2022-01-01 – 2022-12-31: 2168772000 BRL · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 645056000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2022-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 1523716000 BRL Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2168772000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2206076 Filing: 000129281424002090 Input fundies:CapitalExpenditure: 645056000 BRL (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212977 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−BRL 1.22 billion Exact value Exact value: -1222259000 BRL 2023-01-01 – 2023-12-31: -1222259000 BRL Inspect Net Income Open source Share or cite Citation for Net Income · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Net Income: -1222259000 BRL Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=BRL&dimensions= Input fundies:NetIncome: -1222259000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#1944522 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 1.82 billion Exact value Exact value: 1821748000 BRL 2023-01-01 – 2023-12-31: 1821748000 BRL Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Operating Cash Flow: 1821748000 BRL Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=BRL&dimensions= Input fundies:OperatingCashFlow: 1821748000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2205626 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 703.97 million Exact value Exact value: 703972000 BRL 2023-01-01 – 2023-12-31: 703972000 BRL Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Capital Expenditure: 703972000 BRL Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=BRL&dimensions= Input fundies:CapitalExpenditure: 703972000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212483 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.	BRL 1.12 billion Calculation and evidence 1821748000 − 703972000 BRL Exact free cash flow: 1117776000 BRL 2023-01-01 – 2023-12-31: 1821748000 BRL · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 703972000 BRL · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Gol Intelligent Airlines Inc. · 2023-12-31 Gol Intelligent Airlines Inc. (edgar:1291733) Free cash flow: 1117776000 BRL Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T16:31:23Z Snapshot: a86827fffce919d5e0e4f35e342cafe1418baf24c483abfa48dbd9e50e9f82d7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1291733?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1821748000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2205626 Filing: 000129281424002090 Input fundies:CapitalExpenditure: 703972000 BRL (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1291733/000129281424002090/golform20f_2023.htm#2212483 Filing: 000129281424002090 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

1,663 filings · 576 latest values · 576 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001291733, 1291733, GOL, edgar:1291733

Also known as GOL Intelligent Airlines Inc., Gol Intelligent Airlines Inc.

Gol Intelligent Airlines Inc.

Latest fiscal year

Revenue

Operating margin

Operating cash flow

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2023 2023-01-01 – 2023-12-31

Cash

Share of revenue by period

Growth

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Balance sheet

Cash generation