Copa Holdings (CPA) Cost of Revenue (2013 - 2025)

Copa Holdings' (CPA) quarterly Cost of Revenue came in at $249.2 million in Q4 2025, up 13.66% year-on-year from $219.2 million in Q4 2024, and up 5.22% quarter-over-quarter from $236.8 million in Q3 2025.

Copa Holdings (CPA) Cost of Revenue (2013 - 2025) Analysis & Trends

Copa Holdings has disclosed Cost of Revenue across 13 years of filings, most recently posting $249.2 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $249.2 million, up 13.66% year-over-year; the trailing twelve-month figure through Dec 2025 was $932.3 million (down 1.8% YoY), and the FY2025 annual result was $932.3 million, down 1.8% from the prior year.
  • Cost of Revenue came in at $249.2 million for Q4 2025 at Copa Holdings, up 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.
  • The 5-year median for Cost of Revenue is $237.8 million (2024), against an average of $215.7 million.
  • Peak annual rise in Cost of Revenue reached 51108.76% in 2021, while the deepest fall reached 62.54% in 2021.
  • Copa Holdings' Cost of Revenue stood at $149.1 million in 2021, then jumped by 83.76% to $273.9 million in 2022, then decreased by 3.55% to $264.2 million in 2023, then dropped by 17.01% to $219.2 million in 2024, then climbed by 13.66% to $249.2 million in 2025.
  • The last three Cost of Revenue figures came in at $249.2 million (Q4 2025), $236.8 million (Q3 2025), and $214.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 1.39 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 666.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 315.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 1.04 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 249.18 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 99.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 89.07 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 366.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 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