Copa Holdings (CPA) Cost of Revenue (2016 - 2025)

Copa Holdings (CPA) reported Cost of Revenue of $249.2 million for Q4 2025, up 13.66% on a YoY basis from $219.2 million in Q4 2024, and up 5.22% sequentially from $236.8 million in Q3 2025.

Copa Holdings (CPA) Cost of Revenue (2016 - 2025) Analysis & Trends

Copa Holdings (CPA) has 10 years of Cost of Revenue data on file, last reported at $249.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 13.66% year-over-year to $249.2 million; the trailing twelve-month figure through Dec 2025 stood at $932.3 million (down 1.8% YoY), and the FY2025 full-year result was $932.3 million, down 1.8% from the prior year.
  • Cost of Revenue improved to $249.2 million in Q4 2025, from $236.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $296.0 million in Q2 2022 to a low of $51.3 million in Q1 2021.
  • A 5-year average of $215.7 million and a median of $237.8 million in 2024 frame the typical range for Cost of Revenue.
  • Peak annual rise in Cost of Revenue reached 51108.76% in 2021, while the deepest fall reached 62.54% in 2021.
  • Tracing CPA's Cost of Revenue over 5 years: stood at $149.1 million in 2021, then soared by 83.76% to $273.9 million in 2022, then retreated by 3.55% to $264.2 million in 2023, then slipped by 17.01% to $219.2 million in 2024, then advanced by 13.66% to $249.2 million in 2025.
  • Business Quant data shows CPA's Cost of Revenue at $249.2 million in Q4 2025, $236.8 million in Q3 2025, and $214.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 82.17 Mn
2 Ryanair Holdings 60.62 Bn 57.43 Bn - -
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 688.00 Mn
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 1.10 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 249.18 Mn
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 99.00 Mn
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 91.51 Mn
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn 366.00 Mn
10 Allegiant Travel 1.82 Bn 915.81 Mn 651.87 Mn 19.93 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 249.18 Mn
Dec 31, 2025 249.18 Mn
Sep 30, 2025 236.81 Mn
Sep 30, 2025 236.81 Mn
Jun 30, 2025 214.11 Mn
Jun 30, 2025 214.11 Mn
Mar 31, 2025 232.16 Mn
Mar 31, 2025 232.16 Mn
Dec 31, 2024 219.23 Mn
Dec 31, 2024 219.23 Mn
Sep 30, 2024 238.71 Mn
Sep 30, 2024 238.71 Mn
Jun 30, 2024 246.01 Mn
Jun 30, 2024 246.01 Mn
Mar 31, 2024 245.35 Mn
Mar 31, 2024 245.35 Mn
Dec 31, 2023 264.17 Mn
Dec 31, 2023 264.17 Mn
Sep 30, 2023 252.08 Mn
Sep 30, 2023 252.08 Mn