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| Date | Value |
|---|---|
| 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 |